27 Nov 2018
Canadian firm, Mobeewave, have announced the closing of a $16.5 million Series B funding round led by NewAlpha Asset Management, Mastercard and Forestay Capital.
Mobeewave is a white-label technology platform, offering secure contactless card payment acceptance on smart devices, without the need for external hardware. Consumer onboarding comes courtesy of having a contactless card and a mobile banking app. Merchant onboarding comes courtesy of a mobile banking, FinTech or telecom partner, depending on the use case, in the 50 countries where Mobeewave operates.