Our portfolio company qlub has raised $30 million in its latest funding round, bringing total funding to $72 million. #LegendCapital participated in this round alongside Shorooq, Cherry Ventures, e& capital, Endeavor, and Mubadala Investment Company. Founded in 2021, qlub provides a contactless payment solution that enables diners to pay instantly by scanning a QR code—enhancing efficiency for restaurants and convenience for customers. The platform is now used by major hospitality brands across the Middle East, Asia, and Latin America. #PortfolioNews #Fintech #DigitalPayments #RestaurantTech #GlobalExpansion
We’re thrilled to announce that #qlub has raised $30 million in our latest funding round to fuel our global expansion and platform innovation! 🎉 This brings our total funding to $72 million to date, a testament to the confidence our investors have in our vision. This round was co-led by Shorooq and Cherry Ventures, with strong backing from world-class investors including e& capital, Endeavor, Legend Capital君联资本 and Mubadala Investment Company. We're incredibly grateful for their trust in our vision. Since launching in 2021, we’ve grown from a bold idea into a global player transforming the way people pay in restaurants — from the Middle East to Asia to Latin America. Our contactless payment solution is now used by iconic brands like PAUL, Nando's UAE, Sunset Hospitality Group, and La Petite Maison (LPM), and we’re processing billions in transactions annually. With this new capital, we’ll be: ✅ Expanding into new international markets ✅ Deepening our footprint across existing regions ✅ Supercharging our platform with advanced analytics and intelligence This is a big step forward — not just for qlub, but for the future of dining. To our customers, partners, team, and investors — thank you for being part of this journey! 🌎✨ Check out the full Bloomberg article here: https://lnkd.in/gK7fWTUB — #FundingAnnouncement