Clear2Pay raises additional €2 million from Iris Capital
Leading European telco and media venture capitalist joins Clear2Pay’s existing investors

Jurgen Ingels, co-founder and CFO of Clear2Pay states: “During our last funding round, in which AGF and GIMV eventually took the lead, we already met with Iris Capital. Their interest in our company remained strong, driven by the trend of convergence between telecommunications (mobile) and payments technology. We feel that Iris Capital with their excellent and longstanding track record in the telecommunications industry offers us substantial added value in building bridges with the global financial services industry, in which we operate.”

Erkan Kilicaslan, Partner at Iris Capital adds: “We are very impressed by Cleary2Pay and by the execution capabilities of the management team, which has demonstrated a tremendous traction in building the company. Moreover it has shaped a global vision and technology framework on which the industry now agrees as the ‘’direction of choice’. At Iris Capital we have a long history in the telecommunications space and finally we see this sector coming together with banking/payments processing. Clear2Pay is in the middle of these new developments with a vision we share. We invest in the right people in the right market and Michel Akkermans and Jurgen Ingels are two exceptional entrepreneurs in a combination one rarely finds. Bearing all of the above in mind, we are convinced that we will build a market winner”.

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