McLEAR

McLEAR

The original Contactless Payment Ring. Make fast payments with a wave of your hand. - McLEAR. Learn more
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DateInvestorsAmountRound

£240k

Seed

£70.0k

Seed

$23.0m

Series A
Total Funding€21.3m

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McLear operates in the wearable technology market, specializing in the development and sale of smart payment rings. These rings are designed with high-quality, hypoallergenic ceramic, making them waterproof and scratch-resistant. The core product, RingPay, allows users to make contactless payments, track expenses, and manage their spending through an accompanying mobile app available on both iOS and Android platforms. The company primarily serves tech-savvy consumers looking for convenient and secure payment solutions. McLear generates revenue through the direct sale of its rings and potentially through partnerships with financial institutions. The business model focuses on providing a seamless and secure payment experience, leveraging advanced engineering and user-friendly software.

Keywords: wearable technology, smart payment rings, hypoallergenic ceramic, waterproof, scratch-resistant, RingPay app, contactless payments, expense tracking, mobile app, secure payment solutions.

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