Tiqets Secures €25M Loan to Boost Growth Plans
Netherlands-based travel tech company Tiqets has secured a €25 million loan from Dutch banking group ABN AMRO, aimed at refinancing its existing venture debt and setting the stage for future expansion. The new loan arrangement is expected to deliver considerable savings while giving Tiqets the flexibility to pursue long-term growth initiatives in the online travel experience sector.
Tiqets, known for its platform that allows travelers to book tickets for museums and cultural attractions around the world, views the refinancing as a key strategic milestone. The company’s chief financial officer Stef Pillen said the financing will support both ongoing commitments and new growth opportunities. In a post on LinkedIn, Pillen emphasized that the enhanced financial flexibility will allow the company to innovate further, make culture more accessible, and improve the platform’s capabilities.
Founded in 2014, Tiqets has become a prominent player in the global tours and activities market. Its platform connects travelers to popular venues such as the Vatican Museums, Sagrada Familia, the Louvre, and the Empire State Building. In 2019, Tiqets secured $60 million in Series C funding, led by Airbnb, which helped accelerate its international expansion and product development.
The latest funding round was backed by ABN AMRO, which said the deal reflects its commitment to digital transformation in the Netherlands and across North-west Europe. Ben Janssen, a senior banker at ABN AMRO focused on digital clients, said Tiqets is leading innovation in the travel experience space and holds significant potential for continued growth. He added that the financing aligns with the bank’s broader strategy of supporting Dutch tech companies driving progress in digital sectors.
Tiqets’ business model leverages technology to improve how travelers discover and access cultural experiences. The platform simplifies the booking process for a range of attractions, from iconic landmarks to local museums, helping both international tourists and local visitors engage with destinations more easily. As travel demand rebounds and the digital travel sector evolves, Tiqets is positioned to scale its operations, enter new markets, and continue enhancing the user experience.
The €25 million loan marks a turning point for the company, enabling it to consolidate its financial position while also preparing for future strategic moves. With the support of ABN AMRO and previous backing from major investors like Airbnb, Tiqets is strengthening its foundation as a tech-driven cultural access platform.
The deal also highlights ABN AMRO’s growing focus on supporting innovation within the Dutch and European digital economies. The bank has increasingly prioritized partnerships with tech startups and scaleups that are reshaping traditional industries through digital solutions. For Tiqets, this partnership represents more than financial support—it serves as a vote of confidence in its mission to expand global access to cultural attractions through technology.
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