The corporates contributed to a series C round raised by mobile payments company SumUp, which is also backed by Tengelmann and American Express.

SumUp, a UK-based mobile point-of-sale technology developer, secured an undisclosed amount of series C funding on Friday from investors including online discount company Groupon and BBVA Ventures, the corporate venturing arm of bank BBVA.

The round, which according to Russian venture capital news source RusBase totalled $13m, was led by Life.Sreda, the venture capital subsidiary of Life Financial Group. It follows an eight-digit funding round believed to be more than $20m, which was raised in July 2013 from investors including…