What Kuario does

Kuario B.V. is a Netherlands-based payment institution sub-agent that operates a cloud-based platform for unattended self-service environments, with its registered office in Haarlem and operations spanning all 30 EEA countries under a PSD2 sub-license held via Intersolve BV. The company's core product is the HybridPay Terminal (HPT25), a single MDB-compatible hardware device that accepts all cashless payment methods — open-loop cards and wallets, QR codes, and closed-loop campus and staff cards — while feeding real-time telemetry into a centralised cloud Management Dashboard. The platform also includes the KUARIO mobile app, an MFP Kiosk for self-service printing on Ricoh/Epson/HP/Konica Minolta/Xerox devices, a Smart Connector retrofit for legacy machines, a POSCloud API and Payment Gateway for third-party integrations, and PDQ/SLIM PDQ solutions for small mobile merchants.

Kuario generates revenue through a mix of hardware sales (HPT25 terminals and Smart Connectors), per-transaction payment processing fees, monthly platform subscriptions covering software, support, and cloud usage, and API/gateway licensing revenue from managed print service platforms and third-party POS integrations. The go-to-market combines direct enterprise field sales — anchored by large deals such as the exclusive 350-terminal rollout with Theo Automaten across Berlin U-Bahn and Berlin Brandenburg Airport — with a growing global network of value-added reseller partners and integration partnerships with MFP manufacturers and MPS platforms (PaperCut, SafeQ, uniFlow, DocuPRO). The company is a subsidiary of Ximedes Payment Products B.V. (XPP), which provides the regulatory and financial infrastructure underpinning Kuario's PSD2-licensed activities.

The platform serves vending operators, universities and schools, libraries, offices and coworking spaces, student housing, EV charging networks, events, and small mobile vendors, with primary customer segments being vending fleet operators and the education sector. Notable customers include Theo Automaten, Wageningen University & Research, Austrian Post, Swiss Post, BMW, LMU Munich, Studentenwerk Bonn, Seeberger, Zucchetti, Southampton City Council, and Mölndals Libraries. The company is ISO 27001 certified, built to PSD3 and GDPR standards, and is a member of the European Vending & Coffee Service Association (EVA) and the German BDV payments committee.

Name

Kuario

Legal name

KUARIO B.V.

Website

https://kuario.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Kuario B.V. is a PSD2-licensed Dutch payment institution sub-agent that provides a cloud-based platform unifying cashless payments, telemetry, and fleet management for unattended self-service environments — primarily serving vending operators, universities, and managed-print deployments across Europe.

Ownership category

akta.pro rank

Product category

Unattended Payment Processing Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199), Computer Terminals (3575), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)

Keywords

• Unattended payment processing
• Vending management platform
• Cashless self-service
• Campus payment solutions
• MFP print kiosk

Headquarters

HQ city

Nieuw-vennep

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Transaction/Payment Processing Fees: Kuario charges transaction fees on each cashless payment processed through its platform. The platform consolidates all payment methods under one contract, with clearing and settlement handled by KUARIO and payouts to the operator's bank account.
2. Platform Subscription Fees: Monthly subscription fees covering software licenses, updates, 24/7 support, and cloud platform usage. Includes site management, outlet management, product and price management, membership management, monitoring, and reporting.
3. Hardware Sales (HybridPay Terminal HPT25): Sale of the HybridPay Terminal (HPT25) hardware device, which integrates with existing vending machines and self-service devices.
4. Payment Gateway & API Services: Revenue from POSCloud API and payment gateway integrations enabling external systems to process cashless payments through the KUARIO platform.
5. Managed Accounts & Enterprise Services: Additional services including managed accounts, automated payouts (every other week), and integration with enterprise identity providers (Azure AD, EntraID, eduGAIN).

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Kuario provides a regulated, cloud-based cashless payment and fleet management platform for unattended self-service environments. Its HybridPay Terminal (HPT25) accepts open-loop (cards, mobile wallets, QR) and closed-loop (campus/staff ID) payments on a single MDB-compatible device, feeding real-time sales, telemetry, and remote pricing control into a centralised Management Dashboard with automated clearing, settlement, and a single consolidated payout to operators.

Product overview

KUARIO offers an all-in-one payment and management platform for unattended self-service environments. The portfolio consists of the core HybridPay Terminal (HPT25) hardware combined with the Management Dashboard cloud platform and KUARIO App mobile wallet, forming the unified payment infrastructure. Supporting products include the MFP Kiosk for multifunction printer self-service, Smart Connector for cloud-enabling existing machines, PDQ/SLIM PDQ for mobile merchant payments, POSCloud API for external system integration, Payment Gateway for third-party managed print services, and Global Print Driver for BYOD printing. All products share the central Management Dashboard for fleet management, unified reporting, and consolidated settlement under one contract.

Differentiator

Problem solved

Functional benefit

Brands

• HybridPay Terminal (HPT25): A payment terminal accepting all cashless payment methods (cards, mobile wallets, QR codes, closed-loop cards) on a single device for vending machines and self-service environments.
• Management Dashboard
• KUARIO App
• MFP Kiosk
• KUARIO PDQ
• Smart Connector
• POSCloud API
• Global Print Driver

Products and services

• HybridPay Terminal (HPT25) A single payment terminal that accepts all cashless payment methods (open-loop cards, mobile wallets, QR codes, and closed-loop campus/staff cards) on MDB-compatible vending machines and self-service devices, combining payments, user identification, and telemetry in one device for unattended environments. Targeted at vending operators and institutional buyers.
• Management Dashboard Cloud-based centralised management platform for monitoring fleet performance, managing machine configurations, products, and pricing across all connected devices, with real-time transaction data, sales reports, telemetry, and automated clearing and settlement reporting. Used by operators and administrators to manage their entire self-service fleet.
• KUARIO MFP Kiosk Embedded software application for multifunction printers (MFPs) that enables self-service printing, copying, scanning, and payment directly at the device. Users select and pay for print jobs at the MFP without requiring account setup or pre-purchase of credit. Installed on Ricoh, Epson, HP, Konica Minolta, and Xerox devices and used by libraries, universities, offices, and coworking spaces.
• PDQ-POS (KUARIO PDQ / KUARIO SLIM PDQ) Mobile payment solution that turns a smartphone or tablet into a QR code-based payment terminal for small businesses and mobile vendors. Includes the streamlined SLIM PDQ variant designed for mobile entrepreneurs such as food trucks, farmers market vendors, and ice cream sellers.
• Smart Connector Cloud-connected device installed inside vending machines and self-service equipment to enable mobile payments via QR codes and Bluetooth, accept RFID badges (company, campus, student cards), and provide telemetry and remote machine monitoring without replacing existing infrastructure.
• POSCloud API API that connects cash registers, vending machines, and self-service kiosks to the KUARIO payment cloud for real-time cashless transaction processing, with unified reporting, automated clearing, and one consolidated payout across payment methods through a single integration.
• Payment Gateway Payment integration layer connecting external systems to the KUARIO platform for cashless payment processing across devices and services, with centralised transaction reporting and automated clearing and settlement. Integrates with managed print service platforms including PaperCut, SafeQ (Ysoft), UniFlow, and DocuPRO.
• KUARIO Global Print Driver Cloud-connected print driver providing global follow-you printing across KUARIO-enabled MFP devices, with secure print release and brand-independent cross-model printing. Supports Windows, macOS, Linux, and Chrome OS.
• KUARIO Link Terminal Terminal device for linking RFID cards and badges to user KUARIO accounts, enabling users to pay at KUARIO-enabled machines using their existing company, campus, or student cards.

Quantifiable outcome

• €18–32 net margin improvement per vending machine per month (based on 2024 BDV Operator Study benchmarks)
• +3 more outcomes

Named customers11 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature12 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Theo AutomatencoreChannel Partner/ Reseller/ Distributor · 12 May 2026Theo Automaten GmbH (Berlin-based specialist vending operator with more than 28 years of experience and 45+ employees) selected KUARIO as its exclusive partner for cashless payment processing across 350 HybridPay Terminals (HPT25) in the Berlin U-Bahn network (175 stations) and at Berlin Brandenburg Airport (BER). Once complete, the rollout will serve approximately 550 million annual transit passengers and 26 million air travellers. This represents one of the largest contiguous unattended payment projects in Germany to date.
• SECANDAcoreStrategic or Co-development Partner · 7 April 2026SECANDA and KUARIO formed a strategic partnership to advance the digital campus for universities and student services organisations in Germany. SECANDA provides an open platform connecting physical and digital campus touchpoints (identity, access, services, communication, marketing, integrated payments). KUARIO complements this as the payment and processing platform, replacing fragmented systems with a unified, centrally managed approach. Together they offer a certified, bank-licensed payment infrastructure from a single source. The partnership targets all relevant campus touchpoints — dining, vending, printing, and other services.
• iTSminorChannel Partner/ Reseller/ DistributoriTS is listed as a value-added reseller partner of KUARIO, contributing to the company's global partner network for device management, authentication and payment solutions.
• LoQitminorChannel Partner/ Reseller/ DistributorLoQit is listed as a value-added reseller partner of KUARIO, contributing to the company's expanding global network of resellers.
• European Vending & Coffee Service Association (EVA)minorStrategic or Co-development PartnerKuario is a member of the EVA, staying closely connected to fee structures, regulations, and the day-to-day realities vending operators face. Membership informs product development and keeps KUARIO aligned with industry standards.
• Bundesverband der Deutschen Vending-Automatenwirtschaft (BDV)minorStrategic or Co-development PartnerKuario is a member of the BDV (German Vending Association). Stefan Rosenau, Senior Account Executive at KUARIO, sits on the BDV payments committee. BDV membership connects KUARIO with German vending operators and informs regulatory compliance, including fiscalisation, accessibility (EAA), and telemetry standards.
• XPP (Ximedes Payment Products B.V.)coreOthersKuario B.V. is a subsidiary of XPP (Ximedes Payment Products B.V.), headquartered in Haarlem, the Netherlands. XPP is a payment product provider modernising payments through personalised, omnichannel, and embedded payment solutions across public transit, financial institutions, and unattended services. XPP provides the regulatory and financial infrastructure (via Intersolve BV) that enables KUARIO's Payment Institution Agent status.
• Intersolve BVcoreOthersIntersolve BV is the regulated E-Money Institution in the Netherlands under whose Payment Institution sub-license KUARIO operates. KUARIO is a sub-licensed Payment Institution Agent. Intersolve provides the financial and regulatory liability for KUARIO's activities in the European market, including safeguarding funds on a segregated payment account at a Tier 1 bank in the Netherlands under supervision by the National Bank of the Netherlands.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Nayax: Israel-based publicly traded provider of cashless payment, telemetry, and management solutions for unattended retail (vending, kiosks, EV charging, laundromats). Direct competitor to KUARIO in the European unattended payment space with a similar MDB-compatible terminal + cloud platform architecture.
• Cantaloupe: US-listed provider of cashless payments, telemetry, and fleet management for vending and unattended retail. Closest publicly traded analog to KUARIO's HybridPay + Management Dashboard offering, though more US-skewed.
• Crane Payment Innovations (CPI): Provider of cashless payment devices (including MEI and Coinco brands) and bill/coin validators for vending and self-service. Comparable as a long-standing MDB-compatible payment hardware supplier serving vending operators.
• PayRange: Mobile payment app and hardware solution for vending machines and unattended retail in North America. Comparable to KUARIO's Smart Connector / HybridPay approach of retrofitting existing machines with mobile-first cashless payments.

Broad incumbents

• Worldline (Ingenico): European payment terminal giant formed via the Ingenico acquisition. Overlaps with KUARIO in unattended terminals (Self series) and merchant acquiring, though it serves a much broader portfolio and is not specialised in vending or campus self-service.
• Verifone: Global payment terminal manufacturer with unattended, petroleum, and merchant portfolios. Adjacent incumbent that could expand into KUARIO's vending and kiosk territory through terminal hardware plus services.
• Adyen: Large omnichannel payment processor serving enterprise merchants in-store, online, and on platforms. Comparable at the processing/settlement layer that underpins KUARIO's clearing and one-payout model, though Adyen is a broader incumbent rather than a vending specialist.
• PAX Global Technology: Major global payment terminal manufacturer (A920, A50, etc.) with hardware used in retail, hospitality, and unattended environments. Comparable at the hardware layer of KUARIO's HPT25, though PAX is a broad incumbent rather than a vertical specialist.

Emerging players

• Parlevel Systems: US-based vending management platform providing back-office, routing, and cashless tools to operators. Comparable as a smaller, niche player focused on vending fleet tooling — overlapping with KUARIO's Management Dashboard rather than its terminal hardware.
• SumUp: Mobile POS and card-reader provider targeting SMB merchants across Europe, including small vendors and food trucks — a customer segment KUARIO addresses via PDQ-POS. Comparable as a competitor for the small-merchant unattended / mobile acceptance use case.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/kuario
• YouTubeyoutube.com/channel/kuario
• Facebookfacebook.com/kuario
• LinkedInlinkedin.com/company/kuario
• Instagraminstagram.com/kuario

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kuario