Cloud9 Acquires M-Tickets to Unlock Credit and Financial Tools for Event Organizers

Nairobi, Kenya — 4th May, 2026 — Cloud9, the digital banking fintech company building an "everything-money app" for young Africans, today announced the acquisition of Mtickets, a leading digital ticketing platform powering events across East Africa.

Over the years, Mtickets has built a strong footprint in Kenya's events ecosystem, powering ticketing for thousands of events and serving hundreds of thousands of users annually, while enabling event organizers to seamlessly sell, distribute, and manage tickets digitally.

The partnership brings together seamless ticketing, integrated payments, and access to financing — creating a more powerful ecosystem for both consumers and event organizers, while laying the foundation to expand into travel and entertainment ticketing, including air, bus, rail, pay-per-view(PPV) and cinema, with pilots already underway.

For consumers, the experience of discovering and attending events is about to get significantly easier and more rewarding. With Cloud9 integration, users will benefit from:

• Seamless ticket purchases through the Cloud9 Money app
• Faster, more secure payments across events, entertainment and travel
• Exclusive access and cashback rewards, including early-bird offers and curated experiences
• A more connected financial experience tied to how they already spend, socialize, and live

By combining ticketing with embedded financial services, Cloud9 and Mtickets aim to remove friction from the entire event journey — from discovery to checkout to attendance — while unlocking new financial opportunities for both consumers and organizers.

Unlocking Growth for Event Organizers

For event organizers, the partnership goes beyond ticketing — it introduces access to capital and an integrated digital banking platform designed to help them scale.

Cloud9 will begin rolling out credit solutions tailored specifically for event organizers, backed by dedicated capital set aside for this purpose.

This will enable organizers to:

• Fund venues, talent, and production upfront
• Manage cash flow more effectively across ticket sales cycles
• Scale larger, higher-quality events with reduced financial risk

In addition, event organizers will benefit from an integrated financial stack designed to simplify operations and unlock growth, featuring:

• Digital bank accounts, collections, and payouts built specifically for event-driven businesses
• Tools to track inflows, manage expenses, and smooth irregular event-based income cycles
• Streamlined ticketing and payments in one platform
• Better visibility into sales and performance
• A growing base of digitally native consumers

"This partnership is about making everyday experiences better for consumers and more sustainable for the people behind them. For our customers, it means simpler, more rewarding ways to pay for and access events. For event organizers, it means access to the financial tools they've historically lacked — especially credit. We've set aside capital specifically to support them because we believe the events ecosystem deserves better infrastructure to grow." — Tesh Mbaabu, Founder & CEO, Cloud9

"Mtickets has always focused on making it easier for people to access events and for organizers to reach their audiences. Partnering with Cloud9 allows us to take that further — by integrating payments and unlocking financing, we're giving organizers the full stack of tools to build bigger and better experiences, while making the process smoother for customers." — Brian Bogonko, Founder & CEO, Mtickets

About Mtickets

Founded in 2014, Mtickets is a leading digital ticketing platform in Kenya that enables event organizers to create, manage, and sell tickets online. The platform supports a wide range of events — including concerts, festivals, conferences, sports, cinema and cultural experiences — and has processed over 1 million tickets since inception.

Known for its ease of use and reliability, Mtickets has become a trusted partner for organizers seeking to digitize ticket sales and reach broader audiences.

About Cloud9

Banking in Africa is fundamentally broken for the 400 million young people who actually drive the continent's economy. Traditional banks are slow, expensive and completely disconnected from how this generation lives, spends, and earns.

Cloud9 is the digital banking platform built specifically for them — Africa's underbanked, mobile-native youth. In under 5 minutes, anyone can open a global multi-currency account and instantly start spending, saving, investing, and accessing credit — all in one simple app.

For More Information

• Email: press@cloud9.money
• Contact: +254722523528