Since its inception this year in May, Nigerian online ticketing startup PayPass has witnessed an impressive growth, with over 2,000 people using the platform and more than 60 events listed.
PayPass has designed a portal where users can create their own events, share them on social media and have their audience register and pay for tickets, with payments processed via third-party payment processor Paystack.
Co-founder Funsho Olaniyi commented:
“A standard event ticketing platform for Nigerians with a good user experience is our drive. Making ticket payments seamless is also a core feature.”
The self-funded startup, which is looking for investors, has so far seen commendable growth, and has over 10,000 users registering for more than 60 events, including festivals, conferences and talks. An upcoming feature is PayPass Campaign Manager, a sub-domain for advertisers.
They are currently focused on college events in Nigeria, though they hope to spread more with time.
They charge a 10 per cent fee on paid tickets and nothing on free tickets. Event setup is free and easy, it can be done by anyone.
Fellow co-founder Joshua Igba said there were competing platforms in the market, but none of these were focused on college events like brand campus tours, faculty programmes and student off-campus programmes.
He said PayPass is looking to raise a US$250,000 round to rent physical space, produce branding materials, and expand into Ghana, Kenya and South Africa.
For now, they are focused on their local community, which is easier reached by word of mouth. That is, they take as many events as they get, while gradually expanding our reach.
The funding will be majorly used for investment in college events, hiring new engineers and also for covering more ground by setting up advertising campaigns.
