Klearly's €6 Million Boost: A Game Changer for In-Person Payments in Europe
January 16, 2025, 4:45 pm
Klearly, a fintech startup based in Amsterdam, has just secured €6 million in seed funding. This cash infusion is not just a financial boost; it’s a launchpad for revolutionizing in-person payment solutions across Europe. The funding round was led by Global PayTech Ventures, with participation from Antler Elevate and Shapers. Notable angel investors, including former executives from Mollie and Adyen, also joined the fray.
Klearly is on a mission. It aims to transform how small and medium-sized businesses (SMBs) handle in-person payments. The startup’s approach is simple yet powerful: integrate payment solutions directly into existing software platforms. This seamless integration allows merchants to streamline operations and enhance customer experiences.
Founded in 2022 by a team of four visionaries—Eva Rosa Bian, Edan Dil, Guy Griv, and Geus Walder—Klearly is tackling a significant gap in the market. The in-person payment sector has lagged behind online payment advancements. Klearly’s technology aims to change that.
The company’s flagship product, Tap to Pay on iPhone, allows merchants to accept payments using everyday devices. This feature is expected to handle a staggering €11.8 billion globally by 2028, a leap from just €1 billion in 2023. Klearly’s partnership with Apple marks a significant milestone. It is the first fintech startup globally to collaborate with Apple for this launch.
Klearly’s technology replaces outdated bank-supplied hardware with flexible, data-driven solutions. This means merchants can use devices they already own—be it Android smartphones, Apple devices, or modern payment terminals. The goal is to make in-person payments simple, accessible, and transparent.
The startup has already made impressive strides. In just two years, it has onboarded 4,000 merchants and achieved a remarkable 500% growth in payment volume in 2024. This rapid growth positions Klearly as one of Europe’s fastest-growing payment providers.
The European point-of-sale market is ripe for disruption. With €7.9 trillion in annual POS volumes and 40% of systems still disconnected, the potential for innovation is enormous. Klearly’s technology is designed to fill this void. By partnering with SaaS providers, the company integrates payment functionalities directly into their platforms. This not only simplifies the payment process but also enhances the overall efficiency of merchant operations.
The leadership at Klearly is confident. They believe that the winners in this space will be those who offer flexibility and customization. The market is shifting, and businesses need solutions that cater to their unique needs. Klearly’s approach is customer-focused, aiming to deliver superior solutions that meet modern demands.
With this fresh capital, Klearly is poised to expand into new European markets. The funding will enable the startup to strengthen its partnerships with SaaS providers and enhance its technology. The vision is clear: to lead a transformation in the European point-of-sale market.
Klearly’s journey is just beginning. The startup is already making waves, but the real test lies ahead. As it expands, it will face competition from established players and emerging challengers. However, its innovative technology and customer-centric approach provide a solid foundation for success.
The future of in-person payments is evolving. Klearly is at the forefront of this change. By replacing legacy systems with modern, integrated solutions, the startup is reshaping how payments are processed. This transformation is not just about technology; it’s about empowering merchants.
In a world where convenience is king, Klearly’s solutions offer a breath of fresh air. The startup’s commitment to transparency and simplicity resonates with SMBs looking for efficient payment solutions. As it continues to grow, Klearly is set to redefine the landscape of in-person payments in Europe.
The funding is a significant milestone, but it’s just the beginning. Klearly’s vision is ambitious, and its potential is vast. The company is not just another fintech startup; it’s a catalyst for change. As it navigates the complexities of the European market, all eyes will be on Klearly.
In conclusion, Klearly’s €6 million funding round is more than just a financial boost. It’s a signal of the changing tides in the payment industry. With its innovative technology and strategic partnerships, Klearly is well-positioned to lead the charge in transforming in-person payments across Europe. The journey ahead is filled with challenges, but with determination and vision, Klearly is ready to make its mark.
Klearly is on a mission. It aims to transform how small and medium-sized businesses (SMBs) handle in-person payments. The startup’s approach is simple yet powerful: integrate payment solutions directly into existing software platforms. This seamless integration allows merchants to streamline operations and enhance customer experiences.
Founded in 2022 by a team of four visionaries—Eva Rosa Bian, Edan Dil, Guy Griv, and Geus Walder—Klearly is tackling a significant gap in the market. The in-person payment sector has lagged behind online payment advancements. Klearly’s technology aims to change that.
The company’s flagship product, Tap to Pay on iPhone, allows merchants to accept payments using everyday devices. This feature is expected to handle a staggering €11.8 billion globally by 2028, a leap from just €1 billion in 2023. Klearly’s partnership with Apple marks a significant milestone. It is the first fintech startup globally to collaborate with Apple for this launch.
Klearly’s technology replaces outdated bank-supplied hardware with flexible, data-driven solutions. This means merchants can use devices they already own—be it Android smartphones, Apple devices, or modern payment terminals. The goal is to make in-person payments simple, accessible, and transparent.
The startup has already made impressive strides. In just two years, it has onboarded 4,000 merchants and achieved a remarkable 500% growth in payment volume in 2024. This rapid growth positions Klearly as one of Europe’s fastest-growing payment providers.
The European point-of-sale market is ripe for disruption. With €7.9 trillion in annual POS volumes and 40% of systems still disconnected, the potential for innovation is enormous. Klearly’s technology is designed to fill this void. By partnering with SaaS providers, the company integrates payment functionalities directly into their platforms. This not only simplifies the payment process but also enhances the overall efficiency of merchant operations.
The leadership at Klearly is confident. They believe that the winners in this space will be those who offer flexibility and customization. The market is shifting, and businesses need solutions that cater to their unique needs. Klearly’s approach is customer-focused, aiming to deliver superior solutions that meet modern demands.
With this fresh capital, Klearly is poised to expand into new European markets. The funding will enable the startup to strengthen its partnerships with SaaS providers and enhance its technology. The vision is clear: to lead a transformation in the European point-of-sale market.
Klearly’s journey is just beginning. The startup is already making waves, but the real test lies ahead. As it expands, it will face competition from established players and emerging challengers. However, its innovative technology and customer-centric approach provide a solid foundation for success.
The future of in-person payments is evolving. Klearly is at the forefront of this change. By replacing legacy systems with modern, integrated solutions, the startup is reshaping how payments are processed. This transformation is not just about technology; it’s about empowering merchants.
In a world where convenience is king, Klearly’s solutions offer a breath of fresh air. The startup’s commitment to transparency and simplicity resonates with SMBs looking for efficient payment solutions. As it continues to grow, Klearly is set to redefine the landscape of in-person payments in Europe.
The funding is a significant milestone, but it’s just the beginning. Klearly’s vision is ambitious, and its potential is vast. The company is not just another fintech startup; it’s a catalyst for change. As it navigates the complexities of the European market, all eyes will be on Klearly.
In conclusion, Klearly’s €6 million funding round is more than just a financial boost. It’s a signal of the changing tides in the payment industry. With its innovative technology and strategic partnerships, Klearly is well-positioned to lead the charge in transforming in-person payments across Europe. The journey ahead is filled with challenges, but with determination and vision, Klearly is ready to make its mark.