Earlier this month SBT Venture Capital, the venture arm of Russia’s national savings bank Sberbank, led a $6.5 million investment round for Mobeewave, a Canadian startup that develops fast and secure near-field communication (NFC) mobile payment acceptance services. Business angels also participated in the round, but their identity has not been disclosed. Founded in 2012, Montreal-based Mobeewave presents itself as “the world’s first and only provider of dongle-free NFC mobile payment terminal solutions enabling payment acceptance on smart devices.” This technology turns any NFC-enabled phone (or other smart device) into a secure, contactless payment terminal (mobile POS) to receive payments from ApplePay, contactless cards, or any NFC wallets without the use of any additional hardware.

http://venturebeat.com/2015/03/01/canadian-payment-tech-provider-mobeewave-closes-6-5m-round-led-by-russias-sbt-venture-capital/