Amsterdam’s Tiqets lands €25M loan to refinance existing venture debt: Know more

Amsterdam-based Tiqets, a ticketing platform, announced that it has secured €25M in a loan from ABN AMRO.

The funding will be utilised to refinance existing venture debt, providing cost savings and more flexibility for future growth.

ABN AMRO focuses on supporting clients across industries through innovative financial solutions.

With a focus on digital transformation, ABN AMRO aims to stimulate technological advancement and growth in the digital industry in the Netherlands and Northwest Europe.

Bas Janssen, Senior Banker Digital Clients at ABN AMRO, says, “We are proud to collaborate with Tiqets, a company that fits our strategic theme of ‘digital transformation’. Tiqets is strongly positioned in the travel experiences market and we see great potential for further growth. This financing underlines our commitment to driving technological transformation within the digital sector and fits in with our mission to support Dutch tech.”

Tiqets: Digital platform for cultural and tourism experiences

Founded in 2014, Tiqets is an online platform connecting thousands of museums, attractions, and tour operators to millions of travelers globally.

Since its inception, the company has raised over €100M in equity through multiple funding rounds, with Airbnb leading the latest Series C round in 2019.

The Amsterdam-based platform is available in 60+ countries, 1,000+ cities, and 17 languages.

In the last decade, the Dutch company has provided over 50M experiences to its customers globally, including access to key heritage sites, hidden gems, iconic museums, and unique tours.

The company currently employs 200+ people worldwide in cities like Bangkok, Barcelona, Paris, Rome, London and Philadelphia.

Stef Pillen, CFO of Tiqets, says, “This refinancing marks a milestone for Tiqets, allowing us to strengthen our current initiatives and unlock new growth opportunities. With greater financial flexibility, we can continue to innovate, improve the accessibility of culture, and expand the capabilities of our platform. Our partnership with ABN AMRO is a crucial step in this journey, and we are proud to jointly build on our mission to make culture more accessible to everyone.”