Digital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Facebook X (Twitter) Instagram
Trending
  • Just In: MTN Apologises As Fibre Cut Cripples Services In Enugu, Benue States
  • Nigeria Must Claim Its Seat In Global AI Economy, Experts Warn At GITEX 2025
  • NITDA DG Calls For Pan-African AI Collaboration At GITEX Nigeria 2025
  • Zinox, KongaCares Partner To Unveil Groundbreaking “Computerize Nigeria” initiative At GITEX Nigeria
  • How Two Nigerian Students Won Airtel Africa Foundation Fellowship
  • Konga Unveils “All In All, Everything ×2 – Category Month” Shopping Campaign
  • Nigeria’s Fintech Growth Hinges On Regulator–Operator Partnership, Stakeholders Say
  • NCC Moves To Strengthen Cybersecurity Framework As Telecoms Face Growing Threats
Facebook X (Twitter) Instagram
Digital Times NigeriaDigital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Digital Times Nigeria
Home » Tix.Africa Closes Six-Figure Pre-Seed Round To Scale Events Products
Business

Tix.Africa Closes Six-Figure Pre-Seed Round To Scale Events Products

Gbenga OWOYEMIBy Gbenga OWOYEMI7 July 2021No Comments3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
TIX
Share
Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp

Tix.Africa, a self-service ticketing platform for event creators in Nigeria, has secured six-figure pre-seed funding, led by HoaQ, with participation from a number of private equity investors.

The funding will enable Tix Africa to build its technology to scale its events apps while it plans to expand operations to Ghana and East Africa in the coming months.

Tix.Africa launched in 2019 to solve the challenges of ticketing live events in Lagos. The founders have successfully run the Eat Drink Lagos Food Festival since 2015.

As a result of encountering challenges of accurately collating guest details, payments and ticketing the events, the founders built Tix to plug the gap in user data readily available to event organizers under the company’s original name of Festival Coins.

The platform currently makes it easy for organisers to create and monetize live or virtual events, enabling the creation of a customizable event page, secure payment collection via Paystack, and giving guests a seamless way to book and attend live events.

TIX 2
Tix.Africa product

The new capital raised will be deployed to expand Tix.Africa’s development team, revamping its organiser mobile app, developing additional products, and launching Tix Pro -a paid version of Tix offered on a recurring subscription basis.

The company also plans to scale operations to Kenya, Ghana, Uganda, and Egypt in the second half of 2021.

Tix.Africa CEO, Folayemi Agusto, said of the pre-seed capital raised: “Nigeria has some of the best events you can attend – no one does private gatherings or public events and festivals like us.

“We want to continue providing the best tech-enabled solution for event organisers and attendees so that each event is a seamless, accessible experience from the moment tickets are booked, right through to arriving and gaining entry to the actual event.

READ ALSO  NITDA @GITEX Africa Reiterates Need For Regional Collaboration

“The new capital will enable us to scale quickly and to integrate the currently separate products and services we offer, including an app offering event attendees a marketplace where they can buy, trade and resell tickets securely.

“We’re really excited to expand our platform to other markets across the continent, potentially enabling users to attend events they may otherwise not have known about.”

The hospitality and event sector in Sub Saharan Africa is worth tens of billions of dollars and was one of the sectors significantly impacted by COVID-19 lockdown measures.

Since lockdown restrictions began to ease, Tix.Africa has also been working on offering virtual events integrated with Zoom. The company’s revenue grew 90% year-on-year in H1 2021 and the team is working on developing Tix Africa’s own native virtual meeting space for its users.

As part of its new development, Tix will also enable users to store balances in a digital wallet and transfer this balance between events for payments on the company’s RFID wristbands.

Joe Kinvi, Managing Partner at HoaQ added: “We are delighted to back a truly enterprising and innovative team. Folayemi and Nosa deeply understand this space and have built Tix Africa to cater for the markets they will be serving.

“We are confident that their vision to adapt their offering and expand their tech team and product offerings will fuel their continued growth and development in the coming years.”

 

 

#Events Products #Folayemi #Nosa #Pre-Seed Round #Startup #Tix.Africa business Featured Nigeria
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleInternet Exchange Points Critical To Improving Internet Access In Africa- Report
Next Article Fidelity Bank Denies Probing Former MD, Describes Report As False
Gbenga OWOYEMI
  • Website

Related Posts

Nigeria Must Claim Its Seat In Global AI Economy, Experts Warn At GITEX 2025

4 September 2025

NITDA DG Calls For Pan-African AI Collaboration At GITEX Nigeria 2025

3 September 2025

Zinox, KongaCares Partner To Unveil Groundbreaking “Computerize Nigeria” initiative At GITEX Nigeria

3 September 2025

Konga Unveils “All In All, Everything ×2 – Category Month” Shopping Campaign

2 September 2025

LG Electronics Puts Community First With Free Solar-Powered Water And Laundry Facilities In Abeokuta

27 August 2025

SquirrelPR, Syncthesis Innovation Hub In Strategic Partnership To Empower Web3 Startups In Africa

25 August 2025

Comments are closed.

Categories
About
About

Digital Times Nigeria (www.digitaltimesng.com) is an online technology publication of Digital Times Media Services.

Facebook X (Twitter) Instagram
Latest Posts

Just In: MTN Apologises As Fibre Cut Cripples Services In Enugu, Benue States

6 September 2025

Nigeria Must Claim Its Seat In Global AI Economy, Experts Warn At GITEX 2025

4 September 2025

NITDA DG Calls For Pan-African AI Collaboration At GITEX Nigeria 2025

3 September 2025
Popular Posts

Building Explainable AI (XAI) Dashboards For Non-Technical Stakeholders

2 May 2022

Building Ethical AI Starts With People: How Gabriel Ayodele Is Engineering Trust Through Mentorship

8 January 2024

Gabriel Tosin Ayodele: Leading AI-Powered Innovation In Web3

8 November 2022
© 2025 Digital Times NG.
  • Advert Rate
  • Terms of Use
  • Advertisement
  • Private Policy
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.