Dubai – Sharikat Mubasher: Qlub, the fast-growing QR-based restaurant payment platform, raised $30 million in a new funding round to fuel its global expansion.
The round was co-led by Shorooq Partners and Cherry Ventures, with participation from major backers including e&, Mubadala Investments, and Legend Capital, according to a recent press release.
Founded in 2021 by Eyad Alkassar and Mahmoud Fouz, Qlub has quickly become a staple in restaurants across the UAE, allowing diners to scan, order, and pay seamlessly via their smartphones. The startup now operates in thousands of venues across markets such as Saudi Arabia, Singapore, Brazil, and Korea, processing billions in transactions annually.
The new capital will support Qlub’s expansion into new territories, enhance its product features, and deepen integration with restaurant systems. Notable clients include Paul Café, Wagamama, and La Petite Maison. The company claims its solution boosts tips, cuts down cashier lines, and significantly improves customer satisfaction.
Investors say Qlub is reshaping how hospitality works in a digital-first world, turning everyday dining into a frictionless experience.
