Qlub Raises $30 Million to Expand Contactless Restaurant Payments
Restaurant payments platform Qlub has raised $30 million in fresh funding to expand its reach and develop analytics tools, with participation from Mubadala, Shorooq Partners, and other investors.
Qlub, a Dubai-based startup transforming how diners pay at restaurants, has raised $30 million in a funding round backed by regional and international investors. The round was led by Middle East tech investor Shorooq Partners, with participation from Abu Dhabi sovereign wealth fund Mubadala, e&, Cherry Ventures, and China’s Legend Capital.
Founded in 2021 by Eyad Alkassar and Mahmoud Fouz, Qlub allows customers to scan a QR code, view the menu, split the bill, and pay instantly without needing to download the app. Its solution integrates with leading restaurant point-of-sale systems including Foodics and Oracle Micros.
The company currently operates in the UAE, Saudi Arabia, Singapore, Brazil, Qatar, Kuwait, and South Korea. Qlub says the new capital will support its international expansion and help develop advanced data tools for restaurant operators. Its client portfolio includes major dining chains such as Paul, Wagamama, and Sushi Samba.
With this latest round, Qlub has raised a total of $72 million since its launch. The company aims to simplify dining payments worldwide while offering restaurants real-time insights and operational efficiency.
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