Dutch in-person payment startup Klearly has successfully secured a €6 million seed round to facilitate its expansion into new European markets.
As the preferred partner for major taxi companies across the Netherlands, Klearly replaces traditional bank-supplied hardware with advanced technology that allows businesses to accept payments directly through their smartphones.
In just two years, Klearly has onboarded 4,000 merchants and has witnessed an impressive 500% growth in payment volume in 2024. The company also made headlines when selected by Apple as the first fintech startup globally to launch Tap to Pay on iPhone.
CEO Sam Koekoek stated, “We empower SaaS partners to integrate payments seamlessly into their platforms, enabling them to deliver superior solutions to their merchants. By leveraging existing hardware and streamlining pricing, we make in-person payments simple, accessible, and transparent.”
The recent funding round, coming on the heels of a pre-seed raise of €2.1 million in May 2023, was spearheaded by Global PayTech Ventures, founded by Javier Perez, former President of Mastercard Europe, in collaboration with Antler Elevate and Shapers. Additional backing has come from notable investors, including the former CEO of Mollie and the former COO of Adyen.
Martell Hardenberg, partner at Antler Elevate, remarked, "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."