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Originally published by Tech Arenatech
May 6, 2026
16h ago
Cloud9 Acquires Mtickets in Move to Merge Digital Banking, Ticketing and Event Finance
Cloud9 has acquired Mtickets to integrate digital banking, ticketing, and event financing, aiming to transform how consumers access events and how organisers fund and scale experiences across East Africa...
✨ Key Highlights
Cloud9 has announced the acquisition of Mtickets to create an integrated ecosystem for ticketing, payments, and event finance.
- The merged entity aims to offer consumers a seamless experience for discovering and attending events, including rewards like cashback and early-bird deals.
- Key individuals involved are Tesh Mbaabu, Founder and CEO of Cloud9, and Brian Bogonko, Founder & CEO of Mtickets.
- For event organizers, the acquisition brings tailored credit solutions to fund upfront costs, along with an integrated financial stack for payments, collections, and payouts.
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