AURESYS

What AURESYS does

Auresys is a Singapore-headquartered technology firm founded in 2004 that builds integrated unattended-retail and payment solutions for gas stations, convenience retail, vending operators and other unattended businesses. The company's offering combines proprietary hardware (the Chameleon IoT device, the Neu Series and other vending machines, the AI Chiller Machine), three software platforms — VMS (Vending Management System) for multi-vendor fleet management, NeuPoS for hybrid attended/unattended fuel-and-retail point-of-sale, and BAS (Business Automation Solution) for enterprise operations with SAP/ERP integration — plus the consumer-facing iAskGenie mobile app for QR-code payments, food ordering, money transfers and face recognition.

The business operates across six APAC countries (Singapore, Malaysia, Taiwan, India, Australia and Japan) through wholly-owned subsidiaries and serves an installed base of 987+ clients and 1,200 connected vending machines, with 23,000+ iAskGenie app users. Revenue is generated through a mix of hardware sales and leases of vending machines and payment terminals, subscription software (VMS, NeuPoS, BAS), transaction fees from mobile app payments, and enterprise professional services for turnkey integration and payment reconciliation.

The company is privately held, appears to be founder-controlled (Nashid Martin, Founder; Konne Backfi, CEO), has not disclosed external venture or private-equity funding in the source material, and has not publicly reported revenue. Its competitive positioning rests on a multi-vendor interoperability platform (Japanese, MDB and retail machines under one VMS), deep regional payment integration (Ingenico, 2C2P, EZ-Link, EasyCard, iCash, Touch 'n Go), and an in-house R&D lab covering mechanical, firmware, cloud and data engineering.

Name

AURESYS

Legal name

Auresys Pte Ltd

Website

https://auresys.biz

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Auresys is a Singapore-founded technology firm (est. 2004) that builds integrated unattended-retail hardware, vending-management software (VMS), hybrid fuel/retail PoS (NeuPoS) and the iAskGenie mobile payment app for gas stations, convenience retail and vending operators across six APAC countries.

Ownership category

akta.pro rank

Product category

Unattended Retail Automation

NAICS

Vending Machine Operators (445132), Convenience Retailers and Vending Machine Operators (44513), Computer and Peripheral Equipment Manufacturing (33411)

SIC

Retail-Convenience Stores (5412), Wholesale-Professional & Commercial Equipment & Supplies (5040)

akta.pro primary industry

Automated/Unattended Convenience Stores (Smart/Checkout-Free) (CRAHABAK)

akta.pro secondary industries

Unattended & Self-Service Payments (Kiosks, Vending, Parking, EV Charging) (FSAMADAE), POS Payment Software & Middleware (Terminal OS, Apps, Device Management) (FSAMADAC), POS Terminals & All-in-One Retail Computers (HDACAKAA)

Keywords

• Vending machines
• Unattended retail
• Point of sale
• Payment terminals
• Business automation

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Vending Machine Hardware Sales: Sale of various vending machines including Neu Series, Can and Pet machines, Hot/Cold Cup machines, Snack Combo machines, Chiller machines, Coffee machines, and custom machines.
2. Software Subscriptions: Subscription-based software solutions including VMS, PoS solutions, and BAS Business Automation Solution with monthly and annual pricing tiers.
3. Mobile App Payments: QR code payments and transaction processing through the iAskGenie app for vending, food ordering, and money transfers.
4. Payment Terminal Solutions: Payment card readers and terminals for business payment transactions with cashless payment management solutions.
5. Professional Services: Enterprise integration and consulting on payment, AI, data, cloud, infrastructure, and payment reconciliation. Turnkey solution implementation and field support services.
6. Purchase/Lease of Machines: Wide selection of vending machines available for purchase or lease.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels3 records

Core offering

Auresys manufactures and sells vending machines (Neu Series, Can/PET, Chiller, Coffee, Snack Combo, AI Chiller), IoT devices (Chameleon), and PoS systems (NeuPoS hybrid, NEU Kiosk/POS), complemented by its proprietary VMS (Vending Management System), BAS (Business Automation Solution) enterprise software, and the iAskGenie consumer mobile payment app. The company delivers turnkey unattended retail automation combining hardware, software, AI computer vision, and integrated payment processing for gas stations, convenience stores, F&B, clinics, and corporate deployments across Asia-Pacific.

Product overview

Auresys is a technology firm established in 2004 providing bespoke and integrated enterprise solutions encompassing Unattended Automation, Digitalisation, Payments, Cloud Hosting, and Business Intelligence with enhanced AI capabilities. The product portfolio centers on a unified platform-plus-modules architecture combining: (1) Core Software Platforms: VMS (Vending Management System) for multi-brand vending machine management with dynamic routing and analytics; NeuPoS for hybrid attended/unattended gas station retail; BAS (Business Automation Solution) for enterprise operations automation with ERP integration. (2) Mobile App: iAskGenie for cashless payments, food ordering, and face recognition. (3) Hardware Products: Multiple vending machine types (Neu Series, Can/PET, Hot-Cold Cup, Chiller, Coffee, Snack Combo, Cool Drinks, Snack Candy) plus AI Chiller Machines for unattended retail. (4) IoT/Smart Devices: Chameleon IOT device plus AI Retail Boxx and NEU Boxx for autonomous retail concepts. The company operates across Singapore, Malaysia, Taiwan, India, Australia, and Japan with 20+ years of experience.

Differentiator

Problem solved

Functional benefit

Brands

• Chameleon: An Auresys IoT device that enables unmanned businesses with digital application, payments and smart backend solutions for commercial washing machines, EV charging, vending machines, car wash, photocopier, and fuel pumps.
• AI Retail Boxx
• NEU Boxx
• NEU Kiosk / NEU POS
• NeuPoS
• iAskGenie
• BAS (Business Automation Solution)
• VMS (Vending Management System)

Products and services

• VMS (Vending Management System) Integrated common platform that generates reports from all makes of Japanese machines, MDB machines and retail machines. Features dynamic routing, precise prekitting, warehouse management, tech tickets, and in-depth analytics with 8+ report types. Designed for vending operators managing multi-brand machine fleets.
• NeuPoS (New Generation Pump PoS) First 2-in-1 hybrid system for gas stations that switches between Attended and Unattended PoS modes for fuel and retail. AI-powered car detection, customer behavior analysis, self-checkout for fuel pump, remote CCTV surveillance, and crowd management. Designed for gas station and forecourt retail operators.
• BAS (Business Automation Solution) Customizable enterprise solution for daily business operations automation. Manages stock, optimizes inventory and logistical movement, handles payments reconciliation, and integrates with ERP/SAP/MSD 365 backend systems. Designed for enterprise clients needing operational automation.
• iAskGenie Mobile App Mobile application for vending machine payments, food ordering, face recognition authentication, QR code payments, money transfers, and ticketing. Available on Android and iOS with 23,000+ users across 1,200 machines. Supports white-label and branding for partners.
• Chameleon IoT Device Auresys IoT device enabling unmanned businesses with digital applications, payments and smart backend solutions. Compatible with commercial washing machines, EV charging, vending machines, car wash, photocopiers, and fuel pumps. Designed for operators of unattended machines.
• AI Retail Boxx Auresys curated unattended system for autonomous retail concepts, designed for retailers like convenience stores. Features AI-powered automation and self-checkout capabilities.
• NEU Boxx Auresys curated unattended system for autonomous retail. Complements AI Retail Boxx for convenience store retail automation.
• NEU Kiosk / NEU POS Kiosk and Point of Sale solution for service-oriented businesses like F&B, clinics, and logistics companies.
• AI Chiller Machine Advanced auto checkout AI-powered chiller machine for 24/7 unattended sales in unattended retail environments.
• Neu Series Machine (APL4-5000) Snack/combo vending machine model APL4-5000, manufactured since 2017. Dimensions H1830 x W825 x D1095mm, 365kg weight, 220V power, 420 item capacity with 6 trays.
• Can and Pet Machine Vending machine for canned beverages and PET bottles.
• Hot/Cold Cup Machine Vending machine for hot and cold beverages dispensed in cups.
• Chiller Machine Refrigerated vending machine for chilled beverages and food items.
• Coffee Machine Vending machine for freshly brewed coffee and hot beverages.
• Snack Combo Machine Combo vending machine for snacks and beverages.
• Cool Drinks Machine Refrigerated vending machine for cool/cold drinks.
• Snack Candy Machines Vending machine for snacks and candy items.
• Custom Machines Customized vending machine solutions built to specification by Auresys R&D team for specialized retail, medical, gaming, FMCG, dairy, frozen, and hot food applications.
• Enterprise Integration & Consulting Services Professional services including integration and consulting on payment, AI, data, cloud, infrastructure, and payment reconciliation. Turnkey solution implementation and field support services for enterprise clients.
• Payment Card Readers & Terminals Payment card readers and terminals for business payment transactions with cashless payment management solutions. Available for any business requiring payment transaction capabilities.

Quantifiable outcome

• Save up to 15 minutes per machine serviced through precise prekitting
• +2 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability10 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core.

• IngenicocoreTechnology or IntegrationPayment terminal provider partnership for card readers and payment terminals used in vending machines and unattended retail solutions.
• 2C2PcoreTechnology or IntegrationPayment solutions partner providing payment gateway and processing services for cashless transactions.
• EZ-LinkcoreTechnology or IntegrationTransit card provider partnership enabling contactless payment solutions through stored value cards.
• EasyCardcoreTechnology or IntegrationTransit card partnership for payment integration with contactless card systems.
• iCashcoreTechnology or IntegrationPayment solutions partner for digital payment systems integration.
• TNG (Touch 'n Go)coreTechnology or IntegrationMalaysian contactless payment provider partnership for regional payment solutions.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Nayax: NASDAQ-listed (NYAX) Israeli provider of cashless payment and telemetry solutions for unattended retail, including vending machines, kiosks, and electric vehicle charging. Direct competitor to Auresys' core payment and VMS business for vending and unattended retail across APAC and globally.
• Cantaloupe: NASDAQ-listed (CTLP) provider of integrated solutions for unattended retail, including cashless payments, IoT telemetry, and enterprise software for vending and micro markets. Direct competitor to Auresys' VMS, payment, and IoT (Chameleon) offerings.
• Invenda Group: Swiss-based smart vending machine manufacturer and IoT platform provider for unattended retail. Directly comparable to Auresys' vending hardware (Neu Series, AI Chiller) plus VMS platform approach, with strong European presence.
• 365 Retail Markets: Provider of unattended retail technology for micro markets, vending, and foodservice including POS, payment, and inventory management. Closely comparable to Auresys' BAS and NEU Kiosk/NEU POS offerings for service-oriented businesses.

Emerging players

• Standard AI: US-based computer vision company enabling checkout-free retail experiences using ceiling-mounted cameras. Comparable to Auresys' AI Retail Boxx and NEU Boxx autonomous retail concepts, with a more advanced AI-only focus.
• Trigo: Israel-based computer vision company specializing in checkout-free grocery retail with Tesco, REWE, and other major retailers. Comparable to Auresys' AI Retail Boxx autonomous retail concept in the checkout-free retail space.
• AiFi: Provider of AI-powered autonomous retail solutions using computer vision and sensor fusion for checkout-free stores. Comparable to Auresys' AI Retail Boxx autonomous retail concept, with similar focus on frictionless shopping experiences.

Broad incumbents

• Verifone: Established global POS hardware and payment solutions provider across retail, hospitality, and unattended retail. Broad incumbent comparable to Auresys' payment terminal and POS business, particularly in enterprise sales.
• Crane Payment Innovations: A Crane NXT (NYSE: CXT) business providing cash and cashless payment solutions, including coin/bill validators and cashless readers, for vending, retail, and financial services. Broad incumbent versus Auresys' payment terminal business.
• PAX Global Technology: Hong Kong-listed (HKEX: 0327) global POS terminal manufacturer with strong APAC presence. Comparable to Auresys' POS hardware offerings (NeuPoS, NEU POS) and competes in the same unattended retail and merchant payment markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/auresys

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 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 AURESYS