Cash Solutions
Cash Solutions is a Riyadh-based provider of end-to-end cash management hardware, software, and managed services serving Saudi Arabia's central bank, commercial banks, CIT operators, and large corporates across retail, telecom, and other sectors.
- Company typePrivate
- Founded2015
- HeadquartersRiyadh, Saudi Arabia
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Cash Solutions does
Cash Solutions Co. is a Riyadh-based private provider of end-to-end cash management solutions serving the Saudi Central Bank (SAMA), Saudi commercial banks, cash-in-transit (CIT) companies, and large corporates across telecommunications, retail, food and beverage, energy, logistics, and healthcare. The firm operates a full hardware line (banknote counters and sorters, coin processors, card printers, self-service kiosks, and the proprietary Numus smart till and smart safe) layered with software from partner platforms Transtrack CashWebCommunity (CWC) for end-to-end cash supply chain workflow and Aurionpro for customer experience, digital signage, and queue management, plus in-house consultation and managed services covering reconciliation, forecasting, ATM engineering, CIT integration, and the SAMA Multi-Bank Cash Centre program.
The business combines multiple revenue streams: hardware sales, professional consultation, managed services, software licensing, and a subscription-based Numus cash-as-a-service offering that bundles smart tills and safes with CIT collection and bank pre-crediting. Go-to-market is direct enterprise sales with no public pricing, targeting large anchor contracts; the firm reports 550+ installations across the Kingdom of Saudi Arabia and lists most major Saudi banks plus marquee brands including STC, Mobily, Zain, McDonald's, Coca-Cola, Othaim, and SAMA as customers.
Strategic positioning is anchored by the SAMA prime consultant mandate, technology partnerships with Transtrack International (Amsterdam) and Aurionpro, and a reference partnership with UK cash processor Vaultex. Founded circa 2015 and employing 251-500 staff, Cash Solutions is positioned as the leading domestic end-to-end cash management provider in Saudi Arabia, though public information is largely dated to 2018-2019 and no revenue, funding, or recent headcount data are disclosed.
Cash Solutions firmographics
Firmographics- Name
- Cash Solutions
- Legal name
- CASH SOLUTIONS CO
- Website
- https://cscl.sa
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Cash Solutions is a Riyadh-based provider of end-to-end cash management hardware, software, and managed services serving Saudi Arabia's central bank, commercial banks, CIT operators, and large corporates across retail, telecom, and other sectors.
- Ownership category
- akta.pro rank
Cash Solutions industry classification
Industry- Product category
- Cash Management Solutions
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Finance Services (6199), Calculating & Accounting Machines (No Electronic Computers) (3578)
- akta.pro primary industry
- Cash & Coin Processing / Cash Centers (FSAMAOAF)
- akta.pro secondary industries
- Cash Logistics & CIT (Cash-in-Transit) Services (FSAMAOAE), Cash Drawers, Cash Handling & Coin/Bill Counters (HDACAKAE), Corporate Cash Management & Treasury Services (FSAMAOAA)
Keywords
Where Cash Solutions is headquartered
LocationHeadquarters
- HQ city
- Riyadh
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices1 record
Markets served
Cash Solutions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Hardware Sales: Sale of cash handling equipment including counters, sorters, coin wrappers, self-service kiosks, smart safes, and smart tills.
- Consultation Services: End-to-end consultation for cash management including cash center development, operational assessments, and process optimization.
- Managed Services: Managed services including reconciliation, forecasting, ATM engineering, CIT integration, and online portal services.
- Software Licensing: Software solutions including CashWebCommunity (Transtrack), queue management, digital signage, and Aurionpro products.
- Numus Cash as a Service: Plug and play cash payment service providing smart tills and safes with CIT collection and pre-crediting to bank accounts.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Cash Solutions product offering
Product offeringCore offering
Cash Solutions designs, supplies and operates end-to-end cash management solutions for central and commercial banks, cash-in-transit (CIT) companies, and large corporates in Saudi Arabia. Its offering combines proprietary cash-handling hardware (banknote counters, sorters, coin processors, smart tills, smart safes, self-service kiosks, card printers) with software platforms (Numus cash-as-a-service, Transtrack CashWebCommunity workflow management, Aurionpro banking platform, queue management and digital signage), delivered alongside consultation and managed services covering the full cash supply chain.
Product overview
Cash Solutions offers a comprehensive cash management ecosystem combining software platforms and hardware solutions. The software portfolio includes Aurionpro (enterprise banking and customer experience solutions), CashWebCommunity by Transtrack International (end-to-end cash supply chain management), and Numus (cash-as-a-service with smart tills and safes). The hardware portfolio encompasses cash handling equipment (counters, sorters, coin processors), card solutions (printers), self-service kiosks (payment, ticketing, card/SIM issuance), and queue/digital signage systems. These are complemented by consultation services and E2E cash supply chain solutions covering Multi-Bank Cash Centre operations and additional services including ATM management, reconciliation, and valuables storage.
Differentiator
Problem solved
Functional benefit
Brands
- Numus: Fully automated, plug & play cash payments service from till to bank, providing smart tills and smart safes for retailers
Products and services
- Aurionpro Global technology solutions platform providing customer experience products (queue management, digital signage, self-service kiosks, feedback systems), digital payments, enterprise security, and banking solutions including cash management, cards and payments, and loan services. Offered to banks and large enterprises in Saudi Arabia.
Quantifiable outcome
- 550+ installations across the Kingdom of Saudi Arabia
Companies that use Cash Solutions
Customer profileNamed customers20 records
Segments4 records
Ideal customer profiles3 records
Cash Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Cash Solutions partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- VaultexcoreVaultex is the largest UK cash processor, processing 40% of UK cash in 2017. It is a joint venture between Barclays and HSBC. Cash Solutions highlights Vaultex as a partner for international consulting services, with additional services including consultancy, forecasting, and managed services to optimize customers' cash management.
- Transtrack InternationalcoreTranstrack International provides CashWebCommunity (CWC), a modular standard software product for end-to-end cash management within the cash supply chain. The company is based in Amsterdam, active globally with over 350 team members, and focuses on cash center lifecycle, cash management, forecasting, optimization, and call management.
- AurionprocoreAurionpro is a global technology solutions leader with 1,340+ domain and technology experts across North America, Asia and Europe. Recognized among top 100 technology solutions providers for Financial Services companies and as a global FinTech 100 company. Provides customer experience products, digital payments, enterprise security, and banking solutions.
- SAMA (Saudi Central Bank)coreCash Solutions is SAMA's prime consultant for the Multi-Bank Cash Centre project, providing strategic guidance on the design and implementation of multi-bank cash centers to improve efficiency and reduce duplication across the Saudi banking ecosystem.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Cash Solutions competitors and assessment
Company assessmentBroad incumbents
- Brink's: Global leader in cash-in-transit, ATM services, and integrated cash management. Operates in MEA and competes for CIT, ATM cash management, and end-to-end cash supply chain contracts.
- NCR Atleos: ATM and banking hardware spun out of NCR. Provides ATM hardware, software, and services globally, directly competing for Saudi bank cash-management and ATM-cassette contracts.
- Loomis: Sweden-based global provider of cash handling, cash-in-transit, and security services. Competes in integrated cash logistics and managed cash services across multiple regions including the Middle East.
- Diebold Nixdorf: Global leader in connected commerce, ATMs, and banking technology. Competes in Saudi banking hardware and software with a much broader portfolio including ATMs, branch automation, and managed services.
Direct peers
- Aurionpro: Global banking technology and customer-experience solutions provider. Strategic partner to Cash Solutions, but also offers overlapping digital banking, payments, and enterprise security software to banks worldwide.
- GLORY: Japan-based global leader in cash handling technology, manufacturing banknote counters, sorters, recyclers, and self-service kiosks. Closest direct competitor with overlapping product portfolio and active presence across the Middle East and Africa.
- Transtrack International: Amsterdam-based provider of CashWebCommunity end-to-end cash supply chain software. Currently a strategic technology partner to Cash Solutions, but operates independently as a direct competitor in cash-center software in other markets.
- Magner International: US-based manufacturer of banknote counters, fitness sorters, and coin processing equipment. Direct competitor in the same cash-handling hardware category that Cash Solutions distributes and supports in KSA.
- Vaultex: UK's largest cash processor (40% of UK cash), joint venture between Barclays and HSBC. Strategic consulting partner to Cash Solutions and a direct cash-operations peer for cross-border advisory mandates.
Emerging players
- Cassioli: Italian provider of cash handling, cash-in-transit, and warehouse automation solutions. Competes in automated cash logistics and handling equipment with an emerging global footprint including Middle East.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Cash Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cash Solutions leadership team
Management profileNumber of profiles
Profiles1 record
Cash Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cash Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cash Solutions
What does Cash Solutions do?
Cash Solutions designs, supplies and operates end-to-end cash management solutions for central and commercial banks, cash-in-transit (CIT) companies, and large corporates in Saudi Arabia. Its offering combines proprietary cash-handling hardware (banknote counters, sorters, coin processors, smart tills, smart safes, self-service kiosks, card printers) with software platforms (Numus cash-as-a-service, Transtrack CashWebCommunity workflow management, Aurionpro banking platform, queue management and digital signage), delivered alongside consultation and managed services covering the full cash supply chain.
Is Cash Solutions a public or private company?
Cash Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Cash Solutions founded?
Cash Solutions was founded in 2015. It employs 251 to 500 people.
Where is Cash Solutions based?
Cash Solutions is headquartered in Riyadh, Saudi Arabia, in the Middle East region.
How does Cash Solutions make money?
Five revenue lines are on record. Hardware Sales are the primary driver. The others are consultation Services, managed Services, software Licensing and numus Cash as a Service.
Who are Cash Solutions's main competitors?
Broad incumbents on record are Brink's, NCR Atleos, Loomis and Diebold Nixdorf. Direct peers are Aurionpro, GLORY, Transtrack International, Magner International and Vaultex. Cassioli is listed as an emerging player.
Does Cash Solutions have an API?
No public API is recorded for Cash Solutions.
What industry is Cash Solutions in?
Cash Solutions's product category is Cash Management Solutions. Its primary akta.pro industry code is FSAMAOAF, Cash & Coin Processing / Cash Centers, with a secondary code of FSAMAOAE, Cash Logistics & CIT (Cash-in-Transit) Services. Its NAICS code is 52232 and its SIC code is 6199.