Amsterdam-based
Klearly, a payments platform for restaurants, bars, and clubs, has raised €12
million in Series A funding, bringing its total capital raised to €20 million.
The round was led by PayPal Ventures, with participation from Italian Founders Fund and existing investors including Global PayTech Ventures, Antler Elevate,
and Shapers.
Although the payments market is highly
competitive, many restaurants continue to rely on generic, legacy payment
systems that are not specifically designed for hospitality operations,
particularly during peak service periods. Klearly addresses this gap by
providing a payments platform built for the restaurant industry, with a focus
on performance and reliability in high-volume environments.
By integrating with existing
restaurant POS systems, the platform supports smoother service operations,
increased revenue per guest, and improved customer retention. Klearly can be
used as a standalone payments system and is compatible with existing hardware,
allowing merchants to adopt the platform without replacing their equipment. For
operators seeking deeper integration, Klearly also offers a payments layer that
connects to current POS systems, enabling faster and more reliable transactions
without requiring a new POS solution.
Sam Koekoek, CEO of Klearly, said the
company’s goal is to develop a leading payments system for restaurants, bars,
and clubs across Europe, adding that Klearly is not a generic payments provider
and does not require merchants to replace their existing POS systems.
Instead, we provide a payment layer
purpose-built for hospitality that supports leading operators and leading POS
providers.
Klearly has achieved significant
adoption in the Netherlands, with thousands of merchants processing payments
through its platform, and is now expanding its presence in Italy and Belgium in
collaboration with restaurant groups and point-of-sale partners.
The new funding will support this
growth by strengthening local go-to-market capabilities in Italy, broadening
the company’s partner network, and continuing investment in product
development, POS partnerships, and team expansion across commercial, operations,
partnerships, and engineering.