United Kingdom · Electrical/electronic manufacturing startup

McLEAR

McLEAR is a British technology company founded in 2012, specializing in wearable technology with a focus on contactless payment solutions.

Funding reportedLast round: Series A

Electrical/electronic manufacturingRichmond, United Kingdom

About McLEAR

McLEAR is a British technology company founded in 2012, specializing in wearable technology with a focus on contactless payment solutions.

The company is known for inventing the Smart Ring, the first NFC-based smart ring, which has established it as a leader in the wearable payment industry. McLEAR has delivered over 350,000 smart rings globally, bridging the gap between fashion and technology. The Smart Ring allows users to make secure transactions by simply waving their hand at a payment terminal. It connects to debit or credit cards through the RingPay app, which also helps users manage their spending and track expenses. McLEAR's technology is designed for durability and style, appealing to consumers who value convenience and aesthetics. The company also collaborates with major financial institutions, including Visa and Bank West, and has showcased its products at high-profile events like the Rio Olympics and Super Bowl 51.

What company datasets say McLEAR raised

Funding, as reported

Reported in all23.5Min the source's currency
Rounds3
Last roundSeries A
Last round size23M
Last round dateJun 2017
Investors listed4

The company, in detail

What they build

Known for

lightweight designhardwareconsumersstress resistantrfid technologycomfort fitfingerprint authenticationinternet of thingsfinancial institutions collaborationfinancial servicesmobile apprfidwearable technologynfcpin securitycharitable giving

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Sector
Electrical/electronic manufacturing
Industry code
NAICS 334419
Region
England
Full record
Every detail in the company directory

Electrical/electronic manufacturing in United Kingdom

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