Glownet, a pioneering force in event technology and cashless payment solutions, has reported an extraordinary 622% revenue growth over the past two years. This significant milestone is largely attributed to the successful launch of innovative products and features that have revolutionized the event industry.
Key Drivers of Growth
Glownet’s rapid expansion can be attributed to its cutting-edge, fully integrated ecosystem that enhances event profitability and improves attendee experiences. The company’s comprehensive suite of solutions includes:
- White-label Ticketing: Enables direct-to-consumer purchasing within minutes, real-time reporting, and tailored integrations with API headless plugins.
- Cashless Payments: Provides secure, contactless transactions that have been shown to increase on-site attendee spending by up to 30%.
- Wallets: Allows attendees to manage their entire experience seamlessly from their smartphones, storing tickets, linking payments, earning rewards, and tracking balances in one convenient place.
- Access Control: Features automated systems for smooth gate entry, accommodating multiple ticket agents at events while enhancing security measures.
- Real-Time Data Analytics: Offers live dashboards for operational insights and data-driven decision-making.
- Offline-First Resilience: Designed to operate independently of internet connectivity, ensuring uninterrupted ticketing, payments, and access control even during unexpected network outages.
Strategic Global Expansion
Glownet’s channel partner network, “Powered by Glownet,” continues to accelerate its global footprint by empowering partners with white-label ticketing and robust cashless digital wallet and access control solutions. Notable partners include Tapaygo, POSuna, Verve Media, Blueticket, MobileMoney, Differnt, and ihjoz. The company has also expanded its direct installations into high-growth markets across various sectors, including sports, tourism and travel, attractions and theme parks, and beach clubs and resorts.
“Our explosive growth reflects the trust that event organizers and venue operators place in our technology,” said Sami Tueni, CEO of Glownet. “As we continue expanding globally, our focus remains on delivering innovation, increasing operational efficiency, and unlocking new revenue streams for our partners.”
About Glownet
Glownet is a global leader in experiential digital products that bridge the gap between the digital and real worlds. The company has built the world’s first experiential product stack encompassing ticketing, payments, and operational tools for partners and operators in the events, leisure, and tourism industries. With real-time data and analytics, Glownet has powered over 12,000 projects in more than 50 countries worldwide, driving revenue of over $150 million for its partners.
