Klearly raises €6m seed funding to disrupt in-person payment systems

January 16, 2025

Klearly, known for its mission to revolutionise in-person payments, has secured €6m in a seed funding round.

The round was led by Global PayTech Ventures, Antler Elevate, and Shapers, with participation from notable angel investors, including the former CEO of Mollie and former COO of Adyen.

Klearly replaces outdated, bank-supplied hardware with data-driven technology that works on any device, including Android, Apple, and modern terminals. By integrating payment solutions directly into SaaS platforms, the company allows small and medium-sized business (SMB) merchants to streamline operations, eliminate complex contracts, and simplify pricing structures.

The fresh capital will fuel Klearly’s expansion into new European markets, enabling its SaaS partners to deliver seamless in-person payment solutions to SMB merchants.

Klearly has already achieved significant milestones, including onboarding 4,000 merchants and achieving a 500% growth in payment volume in 2024. The company’s flagship offering, Tap to Pay, enables merchants to securely accept payments on everyday devices such as smartphones. Klearly was notably selected by Apple as the first FinTech globally to launch Tap to Pay on iPhone, a partnership that highlights its innovative edge.

Global PayTech Ventures founder Javier Perez said, “We believe the winners in this space will be those that provide merchants with the flexibility to customize solutions that meet the unique needs of their businesses and modern customer demands.

“Klearly is the best-positioned solution in Europe to capitalize on this trend. Sam and the team have already proven they can scale effectively while delivering outstanding service to partners, including international players like Bolt, and the merchants they serve.”

Martell Hardenberg, partner at Antler Elevate, added, “With 40% of POS systems in Europe still disconnected and €7.9 trillion in annual POS volumes, the market is primed for disruption with integrated solutions. There is a clear path for a new billion-dollar player to emerge. Klearly’s innovative technology and customer-focused approach position it perfectly to lead this transformation.”