Qlub, a payment system for restaurants, has recently secured USD 30 million in funding. This investment is expected to help Qlub expand its operations globally.

Details of the Funding Round

This round was co-led by Shorooq and Cherry Ventures, with additional participation from e&, Mubadala Investments, and Legend Capital. The funds will be used to scale Qlub’s operations beyond its current markets.

Qlub has been operational since 2021, focusing on enhancing its capabilities through QR-based solutions that allow diners to view menus, place orders, and settle bills using their smartphones. These innovations aim to streamline processes for restaurants while providing a seamless experience for customers.

Current Market Presence

Currently, Qlub’s services are utilized by establishments in the UAE, Saudi Arabia, Singapore, Hong Kong, Australia, Brazil, Qatar, Kuwait, and Korea. The company claims that through its solutions, clients can simplify the checkout process, reduce labor costs, minimize the need for cashiers, and improve space utilization.

Future Plans

The influx of capital will support Qlub’s growth in existing markets while also helping it enter new regions. The company plans to further integrate advanced analytics into its solutions to offer restaurants deeper insights into customer behavior and preferences. Additionally, Qlub intends to strengthen partnerships with other players in the hospitality and technology sectors to promote the adoption of contactless payment solutions.

Qlub remains committed to continuously growing its capabilities, catering to the needs and preferences of clients and their customers.