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CashTech: GardaWorld launches Sesami, a Tech-Enabled Cash Solutions Provider

Categories : Cash does not require a technology infrastructure, Cash ensures competition among payment instruments
February 8, 2022
Tags : Automation, cash management company, CashTech, Teller Cash Recyclers
With the acquisition of Tidel and Gunnebo’s cash processing business, newly-formed Sesami Cash Management Technologies aims to offer integrated and automated cash management solutions.
Communication Team / Equipo de Comunicación

This post is also available in: Spanish

GardaWorld, one of the leading security and cash management companies globally, has announced the creation of Sesami Cash Management Technologies, an innovative cash ecosystem performance and technology company. Sesami will operate as an independent entity of GardaWorld and will be led by Stéphane Gonthier, who joined GardaWorld in 2016 as CEO of its cash services business.

With global capabilities, Sesami is an open, integrated and sophisticated business intelligence platform offering customizable services, including software, intelligent devices and managed services for end-to-end cash ecosystems and cash automation operations.

Sesami has acquired Dallas-based Tidel, a North American provider of cash automation solutions, and has signed a definitive agreement for the acquisition of Sweden-based Gunnebo Group’s cash management business, comprising automated cash processing solutions, software and related services, active in EMEA, LATAM and APAC for a combined consideration of approximately C$900M. With the integration of these two cash management and cash automation service providers, Sesami’s platform will be powered by cutting-edge software and a portfolio of intelligent devices with the capability to serve clients globally. Darren Taylor, CEO of Tidel, will lead Sesami’s intelligent devices business, and Christian Weisser, President of Gunnebo Cash Management, will lead Sesami’s managed services business.

“The cash services industry is rapidly evolving and Sesami is poised to revolutionize it with a new, unique and tech-enabled service delivery model which is open, integrated, comprehensive and customizable. Only Sesami can offer clients a holistic view of the performance and management of the entire cash ecosystems, and this is a game changer for both clients, and the industry,” said Stephan Crétier, Founder, Chairman, President and Chief Executive Officer of GardaWorld.

Integration of  Tidel and Gunnebo Cash Management

Tidel and Gunnebo cash management will be joining Sesami, bringing with them a team of over 300 software, cash automation and product specialists and a comprehensive portfolio of cash automation solutions, including smart safes and cash recyclers, all of which optimize the full cash ecosystem of financial institutions and consumer businesses.

As the cash industry evolves, there is a growing need to engage in a global revolution to integrate and completely digitalize operations. Sesami was created to address this market opportunity head-on. As an agile, one-stop shop for consumer businesses and financial institutions looking to optimize and outsource their cash management activities, Sesami offers a trustworthy integrated solution to customers for cash ecosystem management.

In addition to providing real-time connection to its customers’ cash ecosystems, Sesami integrates the full spectrum of cash management products and services. These include advisory, business intelligence and analytics; a comprehensive and customizable software suite for tracking, forecasting and data aggregation; managed product maintenance, cash-in-transit and processing services delivered by best-in-class third-party cash operators wherever our clients operate; and a vast array of leading intelligent cash automation and security device options, including Tidel and Gunnebo Cash Management solutions.


This post is also available in: Spanish