GeWeTe

Name

GeWeTe

Legal name

GeWeTe Geldwechsel- und Sicherheitstechnik GmbH

Website

https://gewete.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Cash Handling Equipment

NAICS

Computer Terminal and Other Computer Peripheral Equipment Manufacturing (334118)

akta.pro primary industry

Cash Drawers, Cash Handling & Coin/Bill Counters (HDACAKAE)

akta.pro secondary industry

Cash & Coin Processing / Cash Centers (FSAMAOAF)

Keywords

• Cash handling equipment
• Money changer machines
• Automated pay stations
• Cash recycler systems
• Sports betting terminals

Headquarters

HQ city

Mechernich

HQ country

Germany

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Cash Handling Equipment Sales: Sale of specialized cash handling machines including money changers, cash centers, cash recyclers, automated pay stations, and related equipment. One-time hardware sales with associated software licenses for proprietary applications.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

GeWeTe manufactures and sells professional cash-handling machines, including money changers, cash centers, cash recyclers, automated pay stations, cash desks, and special machines such as foreign-currency exchangers, donation automats, and a Bitcoin ATM. The portfolio is complemented by proprietary software applications (Easy Selection, Easy Pay, Easy Ticket, EasyNetCash) that run on the hardware for ticket processing, cashless payments, and custom sales workflows. Systems are sold to operators in casinos, sports betting, amusement arcades, retail, car washes, and leisure facilities.

Product overview

GeWeTe Geldwechsel- und Sicherheitstechnik GmbH is a subsidiary of the Gauselmann Group, headquartered in Mechernich, Germany, specializing in professional cash-handling systems. The company offers a comprehensive portfolio of over 40 distinct products organized into five main categories: Money Changers (WGS series including WGS 102/103, WGS 110, WGS 115, WGS 170, WGS 200, WGS 300, WGS 102 NET, WGS 103 Arcade), Cash Centers (Cash-Center line ranging from Compact to Premium models plus Cash-Center-Smart), Cash Recyclers (Mini-Coin-Recycler, Cash-Recycler, Cash-Recycler-Premium, Maxi-Cash-Recycler), Automated Pay Stations (KAS series from KAS 102/103 to KAS 700, plus KAS Slim Arcade), and Special Machines (Exchanger currency converter, VKA 100 medal vending, SPA 100/300 donation automatons, Bitcoin-Automat). The ecosystem is extended through software applications including Easy Selection, Easy Pay, Easy Ticket, and EasyNetCash for customized pay station applications. Products serve diverse verticals including gaming arcades, casinos, sports betting, retail, car washes, and amusement parks, with connectivity to Casino Management Systems, betting platforms (CASHPOINT, XTiP, and 40+ others), and ArcadePilot.

Differentiator

Problem solved

Functional benefit

Products and services

• WGS 102/103 Compact money changer that accepts banknotes and coins and dispenses coins, featuring a 7-inch TFT color touchscreen with high reliability in cash processing.
• WGS 110 Wall-mounted money changer for car wash applications that converts banknotes and coins into coins and tokens, featuring IP54 splash-proof protection.
• WGS 115 Carwash money changer with token selling for wall installation, featuring outdoor capability (IP54), high cash processing performance, and rear-fill design for enhanced security.
• WGS 170 High-capacity money changer for large coin volume applications, converting banknotes and coins into coins with a 7-inch color TFT touchscreen display.
• WGS 200 High-performance money changer for dispensing large quantities of coins with very high coin capacity, easy operation, and intelligent coin feeding and rapid emptying systems.
• WGS 300 Compact all-rounder money changer with banknote and coin processing, flexible installation options, and optional EC-card terminal.
• WGS 102 NET Staff-operated payout machine for dispensing 10-cent and 20-cent coins via network connection, allowing coin-to-coin exchange.
• WGS 103 Arcade Contactless payment solution for arcade halls with RFID card reader for charging Arcade Cards, featuring 7-inch TFT touch display and 100% ArcadePilot integration.
• Exchanger (Waehrungswechsler) Foreign exchange exchanger that converts banknotes of different currencies into a base currency, accepting notes from various currencies and dispensing base currency banknotes and coins plus receipt.
• VKA 100 Medal vending machine with optimal medal presentation on 7-inch LCD touchscreen display, high security, compact design, and optional banknote or coin acceptance.
• Cash-Center-Compact-7" LCD Touch Compact solution for casino ticket systems and sports betting management, supporting ticket handling for casino and AGC markets, automatic sports betting payment and refunds, and coin/banknote acceptance.
• Cash-Center-Slim Compact solution for casino ticket redemption and sports betting handling with small footprint, supporting ticket redemption for casino and AGC markets.
• Cash-Center-Compact Compact money changer for sports betting, cashless systems, and ticket systems with automatic sports betting deposits and payouts, secure cash processing, and real-time statistical data access.
• Cash-Center Modular money changer with PC and database technology, high-tech coin dispenser with premium equipment and 15-inch touchscreen LCD display.
• Cash-Center-Deluxe Premium cash-handling solution with bill and coin exchange in coins and banknotes, up to 2,900 banknote capacity, illuminated aluminum strips, 24-inch touchscreen LCD, and casino management system connectivity.
• Cash-Center-Compact-Casino Cash handling solution for the casino sector with high banknote capacity, Ticket TiTo management, jackpot payout, winning ticket processing, and casino management system connectivity.
• Cash-Center-Premium Premium cash-handling solution for casino sector with extra-large 27-inch LCD touchscreen, up to 12,000 banknote capacity, TITO ticket management, and full casino management system connectivity.
• Cash-Center-Smart Compact machine for sports betting, cashless systems, and ticket processing with ticket acceptance for casino winnings, automated ticket and sports betting payouts, and compact housing.
• Cash-Recycler-Compact Most compact recycling system with 7-inch LCD touchscreen for coin and banknote recycling in gaming venues.
• Mini-Coin-Recycler Additional money changer with banknote recycling via Merkur Dispenser 100 or JCM iPRO-RC, accepting up to 200 coins at once and recycling up to 2 coin values.
• Cash-Recycler Coin recycling system combined with PC and database technology, modular money changer with high-quality equipment.
• Cash-Recycler-Premium Premium coin recycler with large 19-inch LCD touchscreen, illuminated aluminum arch, up to 7 coin hoppers, and up to 2,700 banknote capacity.
• Maxi-Cash-Recycler Maxi cash center with coin recycling for up to 2 coin values and banknote recycling for up to 3 banknote values, featuring 15-inch LCD touchscreen.
• Cash-Desk-Betting Staff-operated cash handling for betting shops with money changing, staff accounts, sports betting, automated winning payouts, customer card deposits and withdrawals, and connectivity to 40+ betting providers.
• Cash-Center-Backloader 24/7 cash handling for sports betting with through-the-wall kiosk installation, customer card deposits and withdrawals, betting slip payment, and e-wallet function.
• Cash-Desk ECO Economical pay station for stationary retail with counter placement and security, designed to save staff time and reduce cash handling.
• Cash-Desk-Retail Pay station for retail with under-counter installation capability, designed for automated point-of-sale payment with reduced cash handling.
• Cash-Desk XS Pay station for small retail shops with automated point-of-sale payment, banknote and coin dispensing, operating as self-service or cashier-operated checkout.
• KAS 400 Pay station with practical, elegant housing suitable for medium cash volumes, available with 7-inch or 15-inch touchscreen color display.
• KAS 450 Customer-oriented pay station that processes all payment types while ensuring hygiene, dispensing banknotes and coins with 171/47/60 cm dimensions.
• KAS 102/103 Highly compact pay station with 7-inch TFT touchscreen color display, modular design, accepting coins and banknotes and dispensing coins and receipts.
• KAS 300 Automation of payment with 7-inch TFT touch color display, modular construction concept, accepting and dispensing coins and banknotes with optional EC-card terminal.
• KAS 600 Versatile pay station with robust housing for optimal break-in protection and double locking system (WTU-capable), processing 178/73/46 cm dimensions.
• KAS 700 All-inclusive pay station with high capacity, optimal security, processing all payment types, 15-inch TFT color touchscreen, and double locking system.
• KAS Slim Arcade Automated, staff-friendly payment solution for arcades with 15-inch TFT touch color display, Arcade Card dispensing and charging, RFID card dispenser for 250 cards, and one or two coin hoppers.
• SPA 100 Donation automaton with individual configuration options for any installation location, available for wall mounting or with stand, with intuitive touchscreen operation.
• SPA 300 Donation automaton with individual configuration options, contactless card payment capability, optional cash payment, donation receipt issuance, and customizable front design.
• Bitcoin-Automat Cryptocurrency ATM for buying and selling Bitcoin and other cryptocurrencies, suitable for installation in gastronomy settings.
• Easy Selection (Software Application) Touchscreen-based shopping list application running on Linux for automated pay stations, accepting coins, banknotes, and debit cards for ticket-based purchases.
• Easy Pay (Software Application) Payment automation solution for retail environments, enabling automated payment without cash contact for staff with secure cash storage and automatic end-of-day reconciliation.
• Easy Ticket (Software Application) Custom amount entry application for ticket and payment processing, accepting coins, banknotes, and EC-cards with receipt printing on touchscreen.
• EasyNetCash Web-based application development platform enabling rapid creation of custom sales applications for GeWeTe pay stations, with GeWeTe handling payment processing.

Quantifiable outcome

• 60,000+ systems installed worldwide
• +2 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature7 records

Partnerships

Eleven partnerships are on record, tiered core and major.

• Gauselmann GruppecoreStrategic or Co-development PartnerParent company of the GeWeTe subsidiary. Provides access to the large European-wide service network that supports GeWeTe customers with service and maintenance.
• CASHPOINTcoreTechnology or IntegrationSports betting partner. GeWeTe systems are connected to CASHPOINT betting platform for automated payout processing.
• XTiPcoreTechnology or IntegrationSports betting partner. GeWeTe systems are integrated with XTiP betting platform for automated betting winnings payout.
• SUZOHAPP France SASmajorChannel Partner/ Reseller/ DistributorFrench distribution partner. Stéphane Ravallec manages sales operations for France.
• Euro Counters OymajorChannel Partner/ Reseller/ DistributorFinnish distribution partner. Raija Söderling manages sales operations for Finland.
• YPEX Eurosales B.V.majorChannel Partner/ Reseller/ DistributorDutch distribution partner. Paul Hutten manages sales operations for Netherlands.
• GZT Geldzähltechnik GmbHmajorChannel Partner/ Reseller/ DistributorAustrian distribution partner. Josef Anfang manages sales operations for Austria.
• Servi Cash Equipamentos Electrónicos, Lda.majorChannel Partner/ Reseller/ DistributorPortuguese distribution partner. Ricardo Santos manages sales operations for Portugal.
• Cashpro Sweden ABmajorChannel Partner/ Reseller/ DistributorSwedish distribution partner. Johan Pöyhönen manages sales operations for Sweden.
• Merkur Win srlmajorChannel Partner/ Reseller/ DistributorItalian distribution partner for GeWeTe products. Located in Cinisello Balsamo, Milan.
• 40+ European Betting ProvidersmajorTechnology or IntegrationSystem connections with over 40 European sports betting providers beyond CASHPOINT and XTiP.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Glory Global Solutions: Global market leader in cash handling technology, including banknote recyclers, coin systems, and cash center solutions. Directly comparable to GeWeTe across money changing, recycling, and cash management product lines serving retail, gaming, and financial institutions.
• Suzohapp: Manufacturer and distributor of cash handling components and complete cash management solutions. Also serves as GeWeTe's French distribution partner, competing head-to-head in European gaming and amusement markets.
• Crane NXT: Major cash automation and payment solutions provider (formerly including MEI and CPI). Overlaps directly with GeWeTe in cash validation, recycling, and casino/betting payment terminals, and competes for similar regulated-vertical customers.
• GRG Banking: Manufacturer of ATMs, cash recyclers, and intelligent financial self-service equipment. Comparable to GeWeTe in cash handling hardware and automated teller/pay-station form factors, though with a stronger financial-institution focus.
• JCM Global: Cash and ticket handling specialist focused on gaming, casino, and retail. GeWeTe already integrates JCM iPRO-RC technology in its banknote recyclers, making JCM a closely adjacent competitor and technology partner.
• Fujitsu Frontech: Manufacturer of cash handling equipment, currency recyclers, and POS modules for retail and financial customers. Direct competitor in banknote/coin recycling technology similar to GeWeTe's recycler product line.
• Innovative Technology: UK-based cash handling and validation technology provider focused on amusement, gaming, and retail. Directly comparable to GeWeTe in banknote validation, recycling, and amusement-arcade solutions across European markets.

Regional players

• Hess Cash Systems: German cash handling equipment manufacturer focused on banknote and coin processing. A close regional competitor to GeWeTe within the German-speaking market, particularly in retail and amusement segments.

Emerging players

• Asahi Seiko: Japanese manufacturer of coin and banknote handling equipment, with growing presence in Europe. Comparable in coin recycler and validator technology to GeWeTe's product portfolio.

Broad incumbents

• NCR Corporation: Large incumbent in retail POS, ATMs, and payment technology. Overlaps with GeWeTe in retail cash-handling pay stations (KAS series) but operates at a much broader scale across the full retail technology stack.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@gewete-cashhandlingtechnol7249
• LinkedInde.linkedin.com/company/gewete-geldwechsel-sicherheitstechnik-gmbh
• Xx.com/gewetespain

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 GeWeTe