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DeviceFidelity Receives $1 Million in Debt Financing


NFC plug-and-play technology firm DeviceFidelity has raised $1 million in debt financing.

Investors in the financing were not disclosed. However, six unspecified investors contributed to the financing starting on January 31st, according to a SEC filing.

The company’s leading innovations are in the field of mobile wallets. DeviceFidelity’s moneto (demoed at FinovateSpring 2012) uses microSD with an NFC chip to enable secure contactless transactions for both the iPhone and Android smartphones.