London-based PassEntry has announced the closing of a €6.2 million round to strengthen its leadership in digital pass issuance and enhance integrations with point-of-sale (POS) systems worldwide.
The round was led by Acurio Ventures and Bonsai Partners.
This investment is expected to enable PassEntry to grow its customer base by 300% and expand into five new countries with a particular focus on North America and APAC.
“This investment pushes us further ahead in the pass issuance space,” said Nico Cary, CTO and Co-founder of PassEntry. “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.”
Founded in 2019 by Josh Shepherd and Nico Cary, PassEntry focuses on the way businesses distribute and manage digital passes, from loyalty cards and event tickets to membership passes, ensuring a seamless and intuitive experience within the Apple Wallet and Google Wallet.
To this end, the company aims to have a presence in more than 10 major markets to solidify its position as a global leader in the digital pass industry by the end of 2025.
PassEntry is looks to transform the way organisations drive customer engagement, retain customers and reward loyalty.
“PassEntry is leading the next wave of digital transformation,” said Josh Shepherd, COO and Co-founder of PassEntry. “We are delighted to welcome Bonsai and Acurio Ventures on board, with their wealth of experience specifically in the SaaS and ticketing sectors.”
PassEntry integrates seamlessly with existing systems and cloud-based interfaces. They offer NFC passes for swift, secure contactless transactions and QR codes for quick data authentication. Their platform integrates with Point-of-Sale terminals from providers like Verifone and Ingenico, and supports standalone QR/NFC readers.
Additionally, PassEntry provides a public SDK for scanning passes using NFC-enabled Android devices, and offers an API for full control over pass updates and distribution.
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 PassEntry in this promising growth phase.”
“PassEntry is unlocking new possibilities for businesses and consumers alike,” said Javier Cebrían, general partner from Bonsai Partners. “We are excited to support their expansion and help drive the next evolution of digital pass technology.”
Read the orginal article: https://www.eu-startups.com/2025/03/fintech-startup-passentry-raises-e6-2-million-to-expand-the-issuance-of-digital-passes/
