Mobeewave Expands Into China and Selects ADG to Drive Business Development

Mobeewave engages ADG to expand its reach in the Chinese market and further the uptake of the company's patented in-person money collection technology by leading OEMs

MONTREAL and BEIJING, June 29, 2016 /CNW/ -- Mobeewave today announced that it has selected Alliance Development Group (ADG) to strengthen the company's business development efforts in China. Chosen for their excellent track record assisting mobile payment and FinTech companies to expand in China and their proven end-to-end services, ADG will collaborate with Mobeewave's business development team to foster strategic partnerships with China original equipment manufacturers (mobile device OEMs) in an important market for the Canadian FinTech company.

Mobeewave's patented technology is a key differentiator solution for manufacturers of next-generation smartphones. Harnessing a phone's NFC capability, the technology enables individuals to safely and conveniently collect money in person from a contactless card or mobile wallet. This innovative approach is particularly secure as it ensures all sensitive information is encrypted in a device's hardware and software security.

Home to seven of the top ten global smartphone vendors, China represents a key region for Mobeewave. Forward-looking Chinese OEMs – such as Huawei, Lenovo and Xiaomi – recognize the need to embrace innovation. By incorporating FinTech services like Mobeewave's in-person money collection technology, such vendors can continue to offer their users a genuine added-value experience.

ADG's previous success with companies like PayPal and EyeVerify, and many others made it the obvious choice to support Mobeewave's business development in China. With a deep understanding of the market, they will provide vital experience and facilitate the development of strategic relationships with the country's Tier 1 device OEMs as well as other leading China internet and payment companies.

"ADG's expertise in mobile and FinTech and their strong connections with Chinese OEMs will strengthen Mobeewave's footprint in what is a key market for the company," said Maxime de Nanclas, COO and co-founder of Mobeewave. "Developing relationships in this region is of the utmost importance for us as we look to provide our key differentiator solution to the world's leading OEMs."

"Mobeewave's unique mobile payment solutions offer device OEMs an opportunity to play a larger part in the growing global payments space.  We are excited to work with such a great company as Mobeewave and help them develop winning partnerships in China," said David Sullivan, Managing Director of ADG.

About Mobeewave

An award-winning company, Mobeewave brings balance to the FinTech world, empowering people to accept money in person using their phones.

Based in Montreal, Mobeewave is challenging every aspect of the current mobile payment paradigm. With the Mobeewave solution, the company has created a simple, secure service to allow anyone to accept money from a contactless card or mobile wallet in a quick, easy and convenient manner.

In collaboration with their partners at Oberthur Technologies, Mobeewave was recognized as the Best Mobile Security Solution at the 2015 SESAMES Awards organized by CARTES SECURE CONNEXIONS. The company was also selected as a finalist in the Payment and FinTech category of the eighth annual 2016 SXSW Accelerator Competition.

About Alliance Development Group (ADG)

Since 2001, ADG has been a trusted partner for fast growing mobile and emerging technology companies helping them develop and execute China business development and expansion strategies.  ADG provides an unmatched platform allowing our clients to accelerate the development of China partners and customers by leveraging our professional local China team, extensive relationship network, years of experience and proven best practices.

ADG has assisted over 80 leading technology companies with China expansion including category leaders such as PayPal, The Weather Channel, Silicon Image, Nuance, Canonical, Ubuntu, EyeVerify, Graphite Software, Fleksy, Vlingo, Canesta, Audience, Brightstar, Netezza, IBM, Intervoice, among many others.  For more information, please visit: www.alliance-dg.com

For more information about Mobeewave, please visit: www.mobeewave.com

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SOURCE Mobeewave

Mallory Snitker, 847-415-9300, [email protected], http://mobeewave.com