NuSource Financial
NuSource Financial provides ATM/ITM hardware distribution, branch transformation, security, and managed services to U.S. financial institutions, primarily credit unions, as Hyosung's largest national distributor and software integrator. Now operates as a Convergint subsidiary.
- Company typePrivate
- Founded1999
- HeadquartersEden Prairie, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What NuSource Financial does
NuSource Financial, founded in 1999 and headquartered at 9749 Hamilton Road in Eden Prairie, Minnesota, is a U.S.-focused transaction-solutions provider to financial institutions (FIs), primarily credit unions and community banks. The company was acquired by Convergint from Mosaic Capital Partners in November 2025 and now operates as a wholly-owned subsidiary ("A Convergint Company").
Its core technology is the distribution, integration, and lifecycle support of self-service hardware: NuSource describes itself as the largest national distributor of Hyosung ITM/ATMs and the largest national software integrator for Hyosung, with 680 ITM installations cumulatively across the U.S. The product surface extends beyond ATMs into Branch Transformation consulting, Security Solutions (surveillance, access control, monitoring), Managed Services under a "No-Risk SLA Performance Guarantee," Automated Safe Deposit, Pharmacy Technology, and Maintenance Services staffed by in-house professional service engineers with remote-connectivity diagnostics. An e-commerce storefront at store.nusourcefinancial.com sells parts and consumables (cassettes, thermal paper, cleaning supplies, carriers, HID credentials) sourced from manufacturers including Hyosung, NCR, Magner, Fortis, and HID.
The business model is a mix of hardware resale (ATM/ITM equipment and parts), professional services (branch transformation consulting, installation, integration, training), and recurring managed services under SLAs, targeted at U.S. FIs via a consultative, sales-led go-to-market with phone and direct sales channels (888-786-7560, 952-942-9191), supported by content marketing, ITM Roundtables, and case-study references. As of the latest website disclosure, NuSource employs 75 people and displays a Net Promoter Score badge alongside the "World Class Service" title and Hyosung Diamond Award.
NuSource Financial firmographics
Firmographics- Name
- NuSource Financial
- Legal name
- NuSource, LLC
- Website
- https://nusourcefinancial.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- NuSource Financial provides ATM/ITM hardware distribution, branch transformation, security, and managed services to U.S. financial institutions, primarily credit unions, as Hyosung's largest national distributor and software integrator. Now operates as a Convergint subsidiary.
- Ownership category
- akta.pro rank
NuSource Financial industry classification
Industry- Product category
- Financial Technology Services
- NAICS
- All Other Support Services (561990)
- akta.pro primary industry
- Corporate Cash Management & Treasury Services (FSAMAOAA)
- akta.pro secondary industry
- Captive/Global In-House Center (GIC) Setup & Managed Services (BPAEAMAK)
Keywords
Where NuSource Financial is headquartered
LocationHeadquarters
- HQ city
- Eden Prairie
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
NuSource Financial business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- ATM/ITM Equipment Sales: Sale of ATM and ITM equipment including Hyosung systems, hardware components, and accessories for financial institutions.
- Branch Transformation Services: Consultative solutions for transforming financial institution branches, including technology implementation and operational optimization.
- Managed Services: Ongoing managed services for ATM/ITM maintenance, security solutions, and operational support.
- Parts and Supplies: E-commerce sale of replacement parts including cassettes, carriers, paper, cleaning supplies, and maintenance accessories.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Product parts and supplies with unit pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
NuSource Financial product offering
Product offeringCore offering
NuSource Financial is a transaction solutions company that serves U.S. financial institutions with consultative branch transformation, ATM/ITM equipment distribution and integration (Hyosung), managed services, security solutions, and an e-commerce parts store. The company operates as the largest national distributor of Hyosung ITM/ATMs and the largest national software integrator for Hyosung, delivering end-to-end technology implementation, maintenance, and operational support to credit unions and banks.
Product overview
NuSource Financial is a strategic partner for financial institutions across the United States, providing a comprehensive suite of technology solutions and services. The company operates as the largest national distributor of Hyosung ITM/ATMs and largest national software integrator for Hyosung. Their core offerings include Branch Transformation services, Security Solutions, ATM/ITM management, Managed Services, Pharmacy Technology, Automated Safe Deposit solutions, and Maintenance Services. The product portfolio is complemented by an e-commerce store (store.nusourcefinancial.com) selling parts and consumables including cash cassettes, thermal receipt paper, cleaning kits, carriers, keys, ink cartridges, credentials, and security bags from manufacturers such as Hyosung, NCR, Magner, Fortis, and HID.
Differentiator
Problem solved
Functional benefit
Products and services
- Branch Transformation Consultative solutions for modernizing financial institution branches through technology integration and operational efficiency improvements. Targets credit unions and banks seeking branch transformation.
- Security Solutions Comprehensive security services for financial institutions including surveillance, access control, and monitoring systems.
- ATM/ITM Services Installation, maintenance, management, and support for Automated Teller Machines and Interactive Teller Machines, positioning NuSource as the largest national distributor and software integrator for Hyosung.
- Managed Services Comprehensive managed services providing ongoing support, optimization, and monitoring of financial technology systems with a No-Risk SLA Performance Guarantee.
- Pharmacy Technology Technology solutions for pharmacy operations within financial institution settings or related healthcare financial services.
- Automated Safe Deposit Automated solutions for safe deposit box management and security in financial institutions.
- Maintenance Services Professional maintenance and repair services for ATM and banking equipment, including in-house service engineers and rapid response support.
- ATM/ITM Parts and Consumables Replacement parts, consumables, and accessories for ATM and banking equipment including cassettes, thermal paper, cleaning supplies, carriers, keys, ink cartridges, credentials, and security bags.
Quantifiable outcome
- 680 ITM installations completed
- +3 more outcomes
Companies that use NuSource Financial
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles1 record
NuSource Financial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
NuSource Financial partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered acquisition - now parent company and core/flagship.
- Convergintacquisition - now parent companyConvergint acquired NuSource Financial LLC from Mosaic Capital Partners in November 2025. NuSource is now 'A Convergint Company.' The acquisition expands Convergint's presence in the financial services technology sector.
- Hyosungcore/flagshipNuSource is the Largest National Distributor of Hyosung ITM/ATMs and Largest National Software Integrator for Hyosung. The partnership involves distribution and integration of Hyosung interactive teller machines and ATM technology for financial institutions.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
NuSource Financial competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
NuSource Financial social profiles
Digital presenceNuSource Financial financial estimates
Financial estimateRevenue estimate
Valuation estimate
NuSource Financial leadership team
Management profileNumber of profiles
NuSource Financial funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NuSource Financial M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NuSource Financial
What does NuSource Financial do?
NuSource Financial is a transaction solutions company that serves U.S. financial institutions with consultative branch transformation, ATM/ITM equipment distribution and integration (Hyosung), managed services, security solutions, and an e-commerce parts store. The company operates as the largest national distributor of Hyosung ITM/ATMs and the largest national software integrator for Hyosung, delivering end-to-end technology implementation, maintenance, and operational support to credit unions and banks.
Is NuSource Financial a public or private company?
NuSource Financial is a private company. It is classified as corporate owned and is currently acquired.
When was NuSource Financial founded?
NuSource Financial was founded in 1999. It employs 51 to 100 people.
Where is NuSource Financial based?
NuSource Financial is headquartered in Eden Prairie, United States, in the North America region.
How does NuSource Financial make money?
Four revenue lines are on record. ATM/ITM Equipment Sales are the primary driver. The others are branch Transformation Services, managed Services and parts and Supplies.
Does NuSource Financial have an API?
No public API is recorded for NuSource Financial.
What industry is NuSource Financial in?
NuSource Financial's product category is Financial Technology Services. Its primary akta.pro industry code is FSAMAOAA, Corporate Cash Management & Treasury Services, with a secondary code of BPAEAMAK, Captive/Global In-House Center (GIC) Setup & Managed Services. Its NAICS code is 561990.