PlayPass secures €1.9 million in new funding

The RFID and cashless payment technology company plans to use the injection to expand operations into arenas and sports stadiums

News By | 23 August 2018

Pictured L-R: Ron Schuermans (CFO), David de Wever (CEO & cofounder), Dale Hofkens (CTO & cofounder) © PlayPass

PlayPass, the RFID company that lists Ticketmaster, Dice, Live Nation and AEG Presents among its client list, has secured €1.9 million in its latest round of capital funding from Amsterdam-based VC Newion Investments.

Speaking about PlayPass’ plans, co-founder and CEO David de Wever comments, “We will continue to develop innovative technology, expanding our own local operational teams across our international territories as well as extending relationships with strong local partners acting as resellers or licensees.

“Secondly, we will look to accelerate…

You've used your free article this month

Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.

Subscribe Create a Free Account

Share this

MOST POPULAR

Related Content

The PlayPass team at Bluedot

PlayPass hails record summer for cashless & RFID at UK festivals

PlayPass is celebrating its biggest summer to date, with 40% growth in events serviced – and particular success in the UK

Promoted 1 October, 2019

PlayPass Yuflow

PlayPass acquires French cashless provider Yuflow

The RFID and cashless payment technology company has acquired Yuflow as part of its expansion into important European markets

News 5 February, 2019

PlayPass UK manager Steve Jenner gives 10 strong reasons to use NFC cashless instead of contactless at your event

The future of contactless payment systems

Adam Woods talks to some of the boffins behind contactless payment systems, as the implications of the pandemic make their tech a no-brainer for event organisers

Feature 8 October, 2021

Back to top