Amsterdam-based Klearly, which provides a payments platform for restaurants, bars, and clubs, has secured €12 million in Series A financing, taking its total funding to €20 million. The round was led by PayPal Ventures, with backing from Italian Founders Fund, Global PayTech Ventures, Antler Elevate, and Shapers.
- Launched in 2022 by Sam Koekoek, Eva Rosa Bian, Edan Dil, Guy Griv and Geus Walder, Klearly develops a payments platform specifically for hospitality businesses such as restaurants, bars, clubs, and fast food venues.
- The company’s technology integrates with existing point-of-sale (POS) systems and allows operators to process in-person payments on Android and iOS devices, turning smartphones and tablets into secure, high-performance payment terminals without requiring new hardware or a full POS replacement.
- Klearly’s platform works either as a standalone solution or as an embedded payments layer, helping hospitality operators handle high-volume service, speed up table turnover, increase revenue per guest, and improve overall customer experience.
- The startup has more than 4,000 merchants in the Netherlands processing payments through its platform and is approaching €1 billion in annualised total payment volume as it expands into markets like Italy and Belgium.
Details of the deal
- Klearly will use its €12 million in new funding to grow across Europe, particularly in Italy and Belgium, by setting up local go-to-market teams, deepening collaboration with POS providers and restaurant groups, and advancing its technology and internal operations to better serve high-volume hospitality businesses.
