Banking
Posted: 4 years ago

TBC Takes over Controlling Interest in TKT.GE

TBC has grown the 26% stake in TKT.GE to 55% and taken over the controlling interest.

TBC had bought the 26% stake a year ago.

The deal fully satisfies the payments business, ecosystem development and regional expansion strategy of TBC.

TKT.Ge online platform was founded in 2015 and for 3 years it became a market leader through minimum capital and strong team, establishing various technological innovations. TKT.Ge has changed the consumer conduct. Initially, only 30% of tickets were sold online, but now the figure has reached 80%.

Thanks to permanently developing platform and experienced, professional team, TKT.GE has successfully held about 3 000 events, including with the participation of the world-class artists. In the near future, TKT.Ge plans to enter Uzbek market and offer various innovations to Georgian consumers.

“We are interested in the markets, where TBC plans to enter as a digital bank. One of the blocks of our product is to offer various services to retail sector on new markets”, TKT.GE director general Levan Kiladze said.

“TKT.GE and TBC have joint visions and synergies in strategy aiming at simplifying the consumers’ life and making our services maximally comfortable through various technological decisions. TBC payment ecosystem strategy coincides with future plans of TKT.Ge. Therefore, we believe we will offer pleasant innovations to our consumer”, TBC director general Vakhtang Butskhrikidze noted.