Tech Company Financing Transactions
Qlub Funding Round
On 7/22/2025, Qlub secured $30 million in funding from Cherry Ventures, Shorooq Partners and e& capital.
Transaction Overview
Company Name
Announced On
7/22/2025
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Cherry Ventures (Lead Investor) (Filip Dames)
Shorooq Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to: Expand its presence in existing markets and enter new regions. Enhance its product offerings by integrating advanced analytics and insights to provide restaurants with a deeper understanding of customer behavior and preferences. Strengthen partnerships with key players in the hospitality and technology sectors to drive further innovation and adoption of contactless payment solutions.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Dubai, Undisclosed
United Arab Emirates
Dubai, Undisclosed
United Arab Emirates
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Qlub is bringing the dine-in experience to a new level with an ultra-fast payment solution. Everybody has experienced these annoying 20 minutes wasted waiting for the bill. With Qlub, it takes no more than 10 seconds to pay by simply scanning a QR code, paying with one click, and walking away. All this is possible even without the need to download an app.
Management Team
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We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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