Thai fintech firm Synqa acquires local event creator platform provider

Thai fintech firm Synqa has acquired a majority stake in Eventpop, an event creator platform provider. Financial details of the deal, however, weren’t discussed.

Founded in 2015, Bangkok-based Synqa is the parent company of Omise, which specializes in fintech services such as online payments and blockchain tech, and Opn, which focuses on digital transformation.

Eventpop, an end-to-end platform for event organizers and promoters, brings in software and hardware solutions expertise to improve customer service experience.

Jun Hasegawa, Synqa founder and group CEO / Photo credit: Synqa

While the events industry was hit hard by the pandemic, Eventpop banked on its existing technologies such as online-to-offline solutions and platform user experience specialization to explore other spaces.

The two companies worked together multiple times prior to the acquisition, said Jun Hasegawa, Synqa’s founder and CEO. Their most recent team-up was for an omnichannel ecommerce platform that is slated to be released at the end of the year.

“By collaborating in prior projects, we were able to have a deeper understanding of each other’s strengths. By combining forces, I believe we can grow to become a stronger company,” said Hasegawa.

See also: Demystifying Omise parent Synqa’s plans to disrupt payment networks

Formerly known as Omise Holdings, Synqa raised US$80 million in series C funding in June 2020.