Klearly, an Amsterdam, The Netherlands-based “Tap-to-Pay” app that provides a wireless payment solution for merchants, received an investment from Global Paytech Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its business reach.
Founded in 2022 by Sam Koekoek, Eva Rosa Bian, Geus Walder, Guy Griv and Edan Dil, Kearly is a merchant-focused free app that allows merchants to accept payments via smartphone, and evaluate important business insights. The ‘soft’ point-of-sale (POS) application enables merchants to accept payments directly via their phone. The technology works via the NFC (Near Field Communication) chip, a hardware component in all smartphones. NFC chips enable short-range wireless communication between devices – by either two smartphones or by a traditional credit card and smartphone.
How it works
- Merchants download the free app – no terminal is required.
- The app integrates directly with smartphones. No installations or subscriptions.
- User completes the automated registration process.
- User can start receiving payments within 24 hours.
- The app provides valuable business insights to merchants
The company is now focused on further streamlining the app and scoring even higher in user-friendliness. Longer-term, they plan to expand into other European markets.
FinSMEs
05/06/2023