Stay tuned with CashEssentials news ! - beyond payments
By subscribing, you accept our Privacy Policy.
×
×

The CashTech Innovation Awards – Enter your Submissions

Categories : Cash does not require a technology infrastructure, CashTech, Innovation contributes to the efficiency of cash
March 18, 2025
Tags : CashTech, Fintech, Innovation
The CashTech Innovation Awards recognize innovations that enhance access to and acceptance of cash; as well as improve the overall efficiency of the cash cycle. CashTech is at the intersection of cash and technology. It brings together innovative companies that leverage new technologies to improve cash services.

What is CashTech?

CashTech represents the intersection of cash and technology. It unites innovative companies that new technologies to improve cash services. This includes:

As banks reduce their cash infrastructure (branches, ATMs, and cash centers) in many advanced economies, CashTech has emerged as a vital complement to traditional cash distribution and circulation channels. Innovators are also enabling consumers to pay in cash for online shopping.

CashTech Innovation Awards 2025

The CashTech Innovation Awards  will honor significant advancements in leveraging digital technology to ensure a sustainable, reliable, and accessible future for cash. The awards are divided into three categories:

  1. Best CashTech – Open to all organizations.
  2. Best CashTech Innovator – Open to start-ups and companies founded after 2019.
  3. Best CashTech Start-Up – Open to start-ups founded after 2023.

The judging panel will consist of members from the CashEssentials Steering Committee.

Awards Ceremony

The CashTech 2025 awards will be presented at a special ceremony during the Future of Cash Conference in Warsaw, scheduled for November 3-5, 2025.

Winners of the 2023 Awards

 Best CashTech Innovator Winner: Managecash Personal

Otokod Technologies from Türkiye created Managecash Personal,  an app-based solution enabling consumers to seamlessly access cash from shops or individuals using a QR code. No POS terminal or hardware is required. A consumer needing cash opens the app, locates the nearest shop or person with available cash, presents a QR code, and receives the money.

Managecash is a spinoff of Otokod Technologies, providing vertical solutions in various industries since 1990. Managecash offers a suite of solutions to automate and track cash operations throughout the cash supply chain. This includes Managecash Business, a marketplace application that connects businesses and cash-in-transit companies to collect and transfer cash to the bank, and Managecash Enterprise, an end-to-end cash automation solution for cash-in-transit companies and banks.

Best CashTech Start-Up Winner: Cash Perks

Cash Perks offers a unique and convenient method for providing instant access to cash to anyone, anytime and anywhere. This cost-effective solution facilitates cash disbursement through SMS. Recipients can then use the credentials provided within the text messages to withdraw allocated funds immediately at local ATMs nationwide without needing a bank card or app. Currently available at approximately 17,000 ATMs in the United Kingdom, Cash Perks enables 95% of the UK population to collect cash from an enabled ATM within a mile.

Cash Perks is primarily used for distributing welfare funds and emergency payments by local government, social housing providers, and charities. The rising cost of living has amplified the demand for swiftly delivering financial support to struggling households to alleviate hardship, especially for the estimated 1.7 million adults in the United Kingdom who do not have a bank account and the additional 14 million who rely on unauthorized bank overdrafts each year.

Best CashTech Award Winner: Donation Dollar by the Royal Australian Mint

The Donation Dollar was first released in 2020 as a vehicle for all Australians to engage in a moment of generosity, prompted by a simple $1 coin. The intention is to promote charitable behaviour and to provide a tangible, accessible way for people – who have the means – to enjoy the benefit of giving a small amount more frequently.

One Donation Dollar has been minted for every Australian as a reminder of the importance of giving back. Donation Dollars have been distributed through the banks since September 2020, with an estimated six million currently in circulation. The coin is designed to be instantly recognisable with the words Give to Help Others and a green centre with a gold ripple design emanating from the centre, symbolising each donation dollar’s ongoing impact on those who need it most. After being released, the Donation Dollar generated an additional $55m in incremental charitable giving, which will only increase in future years.

Please submit your nomination  12 October 2025 here

Related