Russian mobile payments startup 2can raises $5 million in funding

Russian mobile payments startup 2can has attracted $5 million from investors led by InVenture Partners. 2can technological solution consists of mobile applications for iOS and Android, and a card reader attached to a mobile device. Collectively, it allows any store or restaurant to use your smartphone or tablet as a terminal for receiving payments with Visa and MasterCard. 2can analogue service in the U.S. is the company Square, which during the last round of investment was estimated at $ 5 billion.