PassEntry raises funding led by Bonsai Partners and Acurio Ventures to expand digital pass offerings
Bonsai Partners and Acurio Ventures led the investment to support international expansion and product integrations.
PassEntry provides digital pass issuance and management services for businesses utilising mobile wallets. The platform integrates with point-of-sale systems to handle loyalty cards, tickets and memberships.
PassEntry has secured a strategic investment led by Bonsai Partners and Acurio Ventures to enhance its digital pass issuance technology and point-of-sale integrations. The capital will support the company as it scales its customer base and expands its geographic footprint into five new markets, including North America and Asia Pacific. Leadership aims to establish a presence in more than ten major markets by the end of the year.
The funding follows growing demand for integrated digital wallet solutions that manage loyalty cards, event tickets and membership passes. Executives noted that the partnership brings valuable expertise in the software-as-a-service and ticketing sectors as the firm enters its next growth phase.
From the founder
"PassEntry is leading the next wave of digital transformation. We are delighted to welcome Bonsai and Acurio Ventures on board, with their wealth of experience specifically in the SaaS and ticketing sectors"
Josh Shepherd
COO and Co-Founder at PassEntry
Investor perspective
"PassEntry is revolutionising the endless possibilities of digital wallets as well as unlocking overlooked revenue streams for business owners, helping them engage seamlessly with loyal customers and fans. At Acurio, we are thrilled to support PassEntry in this promising growth phase"
Ander Michelena
Founding Partner, Acurio Ventures
Use of funds
- 01Continue product development
- 02Expand into international markets
