Klearly, an Amsterdam-based FinTech startup focused on in-person payment solutions, today announced it has raised €12 million in Series A funding to fuel its mission to build Europe’s best payments system for restaurants.
The round was led by PayPal Ventures (PayPal’s venture arm), with participation from Italian Founders Fund and existing investors, including Global PayTech Ventures, Antler Elevate, and Shapers.
“Klearly has a simple mission: to build Europe’s best payments system for restaurants, bars, and clubs. We’re not a generic payments player, and we don’t force merchants to switch POS. Instead, we provide a payment layer purpose-built for hospitality that supports leading operators and the leading POS providers. This funding will allow us to accelerate our expansion across Europe, hire across engineering and operations, and continue strengthening our product depth,” said Sam Koekoek, CEO of Klearly.
Founded in 2022 by Eva Rosa Bian, Edan Dil, Guy Griv, and Geus Walder, Klearly is a payments platform built specifically for restaurants, bars, and clubs. The company understood the need for restaurants to have a dedicated payment system and therefore built Klearly.
According to the company, it integrates with restaurant POS systems and helps operators run service, increase revenue per guest and improve customer retention. Klearly can also be deployed as a standalone payment system. It is device-agnostic and runs on existing hardware, so merchants don’t have to buy new equipment to get started.
Ashish Aggarwal, Partner at PayPal Ventures, said, “Hospitality remains one of Europe’s largest – yet least integrated – payment categories. Klearly gives restaurants, bars, clubs and POS providers a modern, integrated payment experience, without replacing existing systems. We believe that Klearly will power the next generation of hospitality commerce across Europe, and we’re excited to support the team as they scale in Italy, Belgium and beyond.”
Klearly reported that it is approaching €1 billion in annualised total payment volume (TPV). Following strong traction in the Netherlands, with over 4,000 merchants processing payments through its platform, the company is focusing on Italy and Belgium.
The fresh capital will be used by the company to scale its presence in Italy by building local go-to-market capabilities and deepening partner coverage. It also aims to strengthen its POS partnerships, advance product development, and grow its team across commercial, partnerships, operations, and engineering.
Lorenzo Franzi, Partner at the Italian Founders Fund, commented, “The traction Klearly has achieved in the Netherlands is a strong signal: restaurants want payments that fit the realities of service, not generic setups. With 300,000+ restaurants, Italy is one of Europe’s largest restaurant markets, making it a natural next step. We’re proud to back Klearly as they scale into Italy and build a leading position in hospitality payments.”
Last year, in Jaunary, Klearly raised €6 million in a Seed funding round led by Global PayTech Ventures, Antler Elevate, and Shapers.
Read the orginal article: https://www.eu-startups.com/2026/01/amsterdams-klearly-raises-e12-million-to-satiate-its-appetite-for-building-europes-best-restaurant-payments-system/
