Qlub secures US$30M funding to expand ultra-fast payment system beyond Dubai’s dining scene

UAE – Qlub, the ultra-fast payment system revolutionizing restaurant payments across Dubai’s vibrant dining scene, has closed a US$30 million funding round to fuel its global expansion ambitions.

Following widespread adoption and success throughout the UAE, Qlub is now poised to bring its smart dining technology to international markets, advancing seamless payment experiences worldwide.

The round was co-led by prominent alternative investment firm Shorooq and European venture capital firm Cherry Ventures, underscoring investor confidence in Qlub’s growth potential.

Supporting the round are strategic backers including telecommunications giant e&, Abu Dhabi’s Mubadala Investments, and Legend Capital, whose collective expertise and resources will accelerate Qlub’s global rollout.

This diverse investor consortium strengthens Qlub’s positioning at the intersection of hospitality innovation, fintech, and digital transformation.

Qlub’s technology enables guests to scan QR codes, place orders, and pay instantly without waiting for bills or splitting checks manually, greatly enhancing efficiency for restaurants and establishing a frictionless customer experience.

Since its debut, it has become ubiquitous in Dubai’s food and beverage sector, adopted by major restaurant groups and independent operators alike.

The new funding will allow Qlub to scale infrastructure, enhance platform capabilities, and invest in market expansion targeting key global cities with dynamic dining cultures, including major hubs in Europe, North America, and Asia.

The company plans to leverage the insights gained from its UAE operations and trusted investor network to tailor solutions addressing local payment habits and regulatory environments.

Qlub’s founders highlight that the pandemic accelerated consumer desire for contactless and rapid payment methods, with Qlub filling this need effectively.

The system also provides valuable data analytics to restaurant operators, enabling improved service personalization and operational optimization.

With over hundreds of restaurant partners and millions of transactions monthly in the UAE market alone, Qlub aims to set new standards for speed, convenience, and reliability in the dining experience.

Its platform integrates easily with existing POS systems, lowering barriers for adoption across various restaurant formats.

The involvement of e&, Mubadala, and Legend Capital signals broader ecosystem support spanning telecom, sovereign investment, and venture capital, an ideal mix for a technology-driven platform with international aspirations.

Shorooq’s leadership reflects its commitment to backing disruptive innovation within the Middle East tech sector and beyond.

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