Montreal-based Mobeewave has secured Series A investment in a round led by SBT Venture Capital. This new strategic funding will fuel Mobeewave’s rapid growth and support new market openings worldwide, while fast tracking the roll out of its products roadmaps.
Mobeewave is the world’s first and only provider of dongle-free NFC mobile payment terminal solutions enabling payment acceptance on smart devices. The Montreal-based company 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. Mobeewave supplies services to banks and merchants that metamorphose the payment landscape while creating a spark in the user experience.
The foundations of Mobeewave were layed in 2011 by founders Benjamin du Haÿs and Maxime de Nanclas, respectively coming from the payment and mobile industries. The pair aspired to revolutionize the payment industry by simplifying the complexity of this ecosystem. By leveraging on merchants’ own NFC devices, Mobeewave brings viral merchants terminalization to the payment markets and greatly boosts mobile payment initiatives such as ApplePay and any wallet program.
Mobeewave created the world’s first and only add-on-free mobile payment solution that turns any NFC phone (or any other smart device) into a mobile payment terminal (mPOS). Mobeewave’s technology allows the phone to securely receive payment transactions made with all contactless cards and wallets (ApplePay, HCE…).
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