CashGuard
CashGuard is a StrongPoint-owned product line of automated cash handling systems for retail checkouts, with 35,000+ units deployed across Europe. It serves grocery chains, fuel and convenience stores, QSR, pharmacies, and public transport operators via hardware plus cloud-based cashflow monitoring.
- Company typePrivate
- Founded1994
- HeadquartersKista, Sweden
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What CashGuard does
CashGuard is a cash handling product line developed and operated by StrongPoint, a Norway-based retail-technology company with an investor-relations infrastructure suggesting public-company scale. The CashGuard solution was introduced in 1994 and consists of six hardware variants (Core, Uni, Premium, Unico, Compact, and Retail Suite – CashGuard) that automate coin and banknote counting, recycling, and change dispensing at the retail checkout. Units are built with steel construction for secure cash storage and integrate with retailer POS systems via APIs provided by StrongPoint, with installation handled by StrongPoint's deployment team. Cloud-based dashboards provide real-time cash-level visibility per checkout, store, or full chain. CashGuard is sold through direct enterprise sales and a reseller/partner network across at least eight European countries (Sweden, Norway, Estonia, Spain, Latvia, Lithuania, UK & Ireland, Finland), with pricing on a quote basis rather than published tiers.
The revenue model combines hardware unit sales with what appears to be a recurring software/services layer (cloud storage, continuous software updates, dashboard analytics, and support). The installed base is reported at 35,000+ systems worldwide, and named customers include major grocery chains (ICA, Coop Sweden, Rewe, Willy:s, Meny, Spar, Kiwi, Rema 1000, Coop Norge, Alimerka), convenience and fuel retailers (Circle K, OkQ8), quick-service restaurants (McDonald's), and individual pharmacies and hospitality venues. The most recent product move is the June 2025 launch of CashGuard Uni, a compact, low-cost unit targeting smaller-format retailers and price-sensitive segments. CashGuard is operationally a sub-scale team (1–10 employees in the firmographic record) within the broader StrongPoint portfolio, which spans POS, self-checkout, electronic shelf labels, warehouse automation, and e-commerce fulfillment.
CashGuard firmographics
Firmographics- Name
- CashGuard
- Legal name
- StrongPoint
- Website
- https://cashguard.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- CashGuard is a StrongPoint-owned product line of automated cash handling systems for retail checkouts, with 35,000+ units deployed across Europe. It serves grocery chains, fuel and convenience stores, QSR, pharmacies, and public transport operators via hardware plus cloud-based cashflow monitoring.
- Ownership category
- akta.pro rank
CashGuard industry classification
Industry- Product category
- Retail Cash Management Systems
- akta.pro primary industry
- Cash Drawers, Cash Handling & Coin/Bill Counters (HDACAKAE)
- akta.pro secondary industries
- Retail Cash Deposit & Smart Safe / Cash Recycling Solutions (FSAMAOAG), Retail Cash Handling Controls & Safe Management Support (BPAKAJAK)
Keywords
Where CashGuard is headquartered
LocationHeadquarters
- HQ city
- Kista
- HQ country
- Sweden
- HQ region
- Europe
Markets served
CashGuard business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales
Revenue model
- Hardware Sales - CashGuard Machines: Sale of CashGuard cash management hardware units including CashGuard Core, CashGuard Uni, CashGuard Premium, CashGuard Unico, Retail Suite, and Compact models. These are physical machines installed at checkout points in retail environments.
- Software and Cloud Services: Cloud-based software services including continuous software updates, data storage, dashboard analytics, and monitoring capabilities. Revenue likely generated through ongoing subscription or support contracts.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
CashGuard product offering
Product offeringCore offering
CashGuard provides automated cash management hardware units (Core, Uni, Premium, Unico, Compact, and Retail Suite) that are installed at retail checkout points to automatically count coins and banknotes, deliver change, and securely store cash in steel-constructed vaults. The machines are paired with cloud-based software that provides real-time cash flow dashboards, analytics, and POS system integration via APIs. The offering is targeted at grocery chains, pharmacies, gas stations, restaurants, and public transport operators to reduce shrinkage, eliminate manual cash handling errors, and improve checkout efficiency.
Product overview
CashGuard is a comprehensive cash management product line by StrongPoint consisting of six distinct solutions: CashGuard Core (foundational automated counting and security), CashGuard Uni (compact standalone or furniture-integrated unit), CashGuard Premium (advanced-tier with steel construction and full note/coin handling), CashGuard Unico, CashGuard Compact (space-efficient variant), and Retail Suite – CashGuard (integrated with the Retail Suite platform). All solutions automate cash handling at the checkout by automatically counting coins and banknotes, calculating change, securing cash to prevent theft, and providing real-time cloud-based monitoring via dashboards. The product line targets retailers across sectors including grocery, pharmacy, bakery, gas stations, restaurants, and public transport.
Differentiator
Problem solved
Functional benefit
Brands
- CashGuard Core: Standard cash management solution providing secure cash storage, automatic counting, and real-time cash level monitoring at checkout.
- CashGuard Uni
- CashGuard Premium
- CashGuard Unico
- Retail Suite – CashGuard
- Compact
Products and services
- CashGuard Core Foundational CashGuard cash management solution that automatically counts coins and banknotes at checkout, provides real-time cash level monitoring, and secures cash to eliminate theft and shrinkage. For retail environments requiring automated cash handling.
- CashGuard Uni Compact, simple, and reliable cash management solution designed to boost efficiency and enhance security at a low cost. Easy to install and can be used as a standalone desktop unit or integrated into checkout furniture. For retailers seeking affordable automated cash handling.
- CashGuard Premium Premium-tier cash management solution featuring advanced automation, steel-constructed secure storage, and full note and coin handling with automatic change calculation. For retail environments requiring advanced cash handling capabilities.
- CashGuard Unico CashGuard variant offering secure cash management with automated counting and change provision at checkout. For retailers needing automated cash handling.
- CashGuard Compact Space-efficient cash management unit designed for retailers requiring secure, automated cash handling in compact checkout environments. For space-constrained retail stores and small checkouts.
- Retail Suite – CashGuard CashGuard solution integrated within the Retail Suite platform, offering automated cash handling at checkout with real-time monitoring and control. For retailers using the broader StrongPoint Retail Suite.
Quantifiable outcome
- 35,000+ CashGuard systems installed worldwide
- +4 more outcomes
Companies that use CashGuard
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles4 records
CashGuard technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
CashGuard partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights5 records
CashGuard competitors and assessment
Company assessmentBroad incumbents
- Diebold Nixdorf: Diebold Nixdorf is a broad retail and banking technology incumbent supplying POS systems, self-checkout, and cash recycling hardware. It overlaps with CashGuard through integrated cash automation products sold to grocery, fuel, and convenience retailers.
- Toshiba Global Commerce Solutions: Toshiba Global Commerce Solutions is a major POS hardware and software provider to large grocery and retail chains globally. Its broader retail technology portfolio overlaps with CashGuard at the checkout, including POS-integrated cash handling.
- NCR Corporation: NCR is a global POS and retail technology incumbent offering POS hardware, software, and self-checkout with integrated cash management capabilities. It competes broadly with CashGuard by offering cash handling as part of a wider POS suite for grocery and large retail chains.
Direct peers
- APG Cash Drawer: APG Cash Drawer manufactures cash drawers and POS peripheral hardware, including integrated cash management solutions for retail. It is a direct competitor to CashGuard in POS-side cash handling and recycling hardware serving grocery, hospitality, and retail verticals.
- Glory Global Solutions: Glory Global Solutions is a leading global manufacturer of cash handling, recycling, and automation equipment for retail and financial institutions. It directly competes with CashGuard in automated coin/banknote recycling, smart safes, and POS cash management hardware for grocery and retail checkout.
- Tellermate: Tellermate specializes in cash counting, cash management software, and float prediction tools for retail and hospitality. It overlaps with CashGuard in retail cash management, particularly in cash counting devices and software used at the back office and checkout.
- SuzoHapp: SuzoHapp is a supplier of cash handling components, currency validators, recyclers, and POS peripherals to OEMs and operators in gaming, retail, and vending. It is comparable to CashGuard in hardware-focused cash automation components and is often integrated into competitor solutions.
- Volumatic: Volumatic provides cash counting, cash management, and counterfeit detection equipment to retail and banking customers in the UK and Europe. It competes with CashGuard in store-level cash handling automation and secure cash storage products for retailers.
Others
- Loomis: Loomis provides cash-in-transit, smart safe, and cash management services for retailers and financial institutions. While Loomis operates upstream in cash logistics rather than at-checkpoint hardware like CashGuard, both serve the same retail customers with adjacent cash-handling and shrinkage-reduction offerings.
- Gunnebo: Gunnebo provides safe storage, cash handling, and physical security solutions to retail, banking, and cash-in-transit operators. It is thematically adjacent to CashGuard through secure cash storage and retail cash handling controls, though it does not directly compete in POS-side cash recycling automation.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
CashGuard social profiles
Digital presenceCashGuard financial estimates
Financial estimateRevenue estimate
Valuation estimate
CashGuard leadership team
Management profileNumber of profiles
CashGuard funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CashGuard 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 CashGuard
What does CashGuard do?
CashGuard provides automated cash management hardware units (Core, Uni, Premium, Unico, Compact, and Retail Suite) that are installed at retail checkout points to automatically count coins and banknotes, deliver change, and securely store cash in steel-constructed vaults. The machines are paired with cloud-based software that provides real-time cash flow dashboards, analytics, and POS system integration via APIs. The offering is targeted at grocery chains, pharmacies, gas stations, restaurants, and public transport operators to reduce shrinkage, eliminate manual cash handling errors, and improve checkout efficiency.
Is CashGuard a public or private company?
CashGuard is a private company. It is classified as corporate owned and is currently operating.
When was CashGuard founded?
CashGuard was founded in 1994. It employs 1 to 10 people.
Where is CashGuard based?
CashGuard is headquartered in Kista, Sweden, in the Europe region.
How does CashGuard make money?
Two revenue lines are on record. Hardware Sales - CashGuard Machines are the primary driver. The others are software and Cloud Services.
Who are CashGuard's main competitors?
Broad incumbents on record are Diebold Nixdorf, Toshiba Global Commerce Solutions and NCR Corporation. Direct peers are APG Cash Drawer, Glory Global Solutions, Tellermate, SuzoHapp and Volumatic. Others are Loomis and Gunnebo.
Does CashGuard have an API?
Yes. StrongPoint provides APIs that enable CashGuard to integrate with POS systems. The installation team sets up the system and connects it to the POS; the IT department only needs to enable CashGuard in the POS. No public API documentation URL or developer portal is specified.
What industry is CashGuard in?
CashGuard's product category is Retail Cash Management Systems. Its primary akta.pro industry code is HDACAKAE, Cash Drawers, Cash Handling & Coin/Bill Counters, with a secondary code of FSAMAOAG, Retail Cash Deposit & Smart Safe / Cash Recycling Solutions.