# Snowball Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/snowball-technology

- Industry: Financial Services
- Headquarters: Shenzhen, China
- Website: www.snowballtech.com
- Latest round: Series A (Sep 24, 2014)
- Investors on record: 1

## About

Based in China, Snowball Technology is a service provider that focuses on solutions of mobile payment, providing NFC service, customized solutions, TSM platform and relevant services. In July 2019, the company closed venture funding from new investor Huami Corporation.

The company mainly provides mobile payment software integration solutions. Products and services include the Snowball Open TSM platform, NFC mobile wallet, and digital key management related products and services. The Snowball Open TSM platform provides an ecosystem for mobile phone manufacturers, banks, telecommunications companies, bus card companies, large corporate customers, and other application providers. The NFC mobile wallet includes financial card applications and bus card applications.

The company generates revenue by providing mobile payment software integration solutions.

## Funding rounds

- Series A, Sep 24, 2014 — Tencent Investment

## Investors

- Tencent Investment — Series A
