Event ticketing and payments company Event Pop Holdings has raised an undisclosed Series A round from the venture capital arms of Intouch Holdings and Beacon Venture.
Invent, the VC arm of Intouch Holdings and Kasikornbank, the arm of Beacon Venture were said to be attracted to Event Pop’s cashless payment system, Spark.
This system allows event organisers launch an ‘in house economy’ where financial services can be completed within Event Pop.
The capital will be used to develop Event Pop’s services and its international expansion.
It is said that the startup wants to enter the festivals/entertainment, business and sports sectors.
The company is said to have been used in over 3,000 events.
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