PassEntry funding news – London-based PassEntry Secures €6.2 Million in Funding

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This investment will help PassEntry grow its customer base by 300% and expand into five new countries, focusing on North America and the Asia-Pacific region.

Nico Cary, CTO and Co-founder of PassEntry said, “This investment pushes us further ahead in the pass issuance space, It’s not about just issuing passes, it’s about making the process so simple and seamless that businesses don’t even have to think about it. We’re integrating directly with point-of-sale systems to eliminate friction, help businesses acquire customers effortlessly, and redefine engagement.”

It aims to change how businesses engage with and retain customers by offering digital passes for loyalty programs, event tickets, and memberships.

Josh Shepherd, COO and Co-founder of PassEntry said, “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.”

It works smoothly with existing systems and cloud-based platforms. It provides NFC passes for fast, secure contactless payments and QR codes for easy data verification. The platform also connects with Point-of-Sale systems from companies like Verifone and Ingenico, and supports standalone QR/NFC readers.

It also offers a public SDK for scanning passes with NFC-enabled Android devices and an API for full control over updating and distributing passes.

Ander Michelena, Founding Partner at Acurio Ventures, added: “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 it in this promising growth phase.”

Javier Cebrían, general partner from Bonsai Partners said, “PassEntry is unlocking new possibilities for businesses and consumers alike, We are excited to support their expansion and help drive the next evolution of digital pass technology.”

About PassEntry

PassEntry was founded in 2019 by Josh Shepherd and Nico Cary. The company helps businesses manage and distribute digital passes, like loyalty cards, event tickets, and membership passes, making it easy to use them in Apple Wallet and Google Wallet.