Sesami acquires FinTech Planfocus

By Edlyn Cardoza

Sesami Cash Management Technologies, a global cash ecosystem integrator and technology company, announced the acquisition of Planfocus Software GmbH, a global FinTech offering highly advanced cash optimization technology.

“With this acquisition, Sesami becomes the global leader in cash optimization solutions, with an unrivaled technology stack now scaled up with the addition of planfocus’ ground-breaking cash optimization software,” said Steph Gonthier, CEO of Sesami. “Integrated with our enterprise cash ecosystem software platform, planfocus’ AI-based technology and strong team will further enable Sesami to deliver the only true end-to-end technology-enabled cash ecosystem solution to financial institutions and consumer businesses,” he added.

Founded in 2004 and based in Munich, Germany, Planfocus’ cash optimization software solutions help reduce logistics and cash holding costs while improving availability and service levels for customers. The technology empowers financial institutions and consumer businesses worldwide to drive process optimization and deliver tangible cost and service efficiencies throughout their cash ecosystem.

“We are extremely proud to join forces with Sesami, a cutting-edge innovator and disruptive global leader, to offer a true end-to-end and fully integrated cash software solution that enables financial institutions and consumer businesses to seamlessly manage and outsource their entire cash ecosystem As part of Sesami, we will now truly scale our next-generation technology and bring our unrivaled cash optimization solutions to a broader global customer base,” said Dr. Joachim Walser, CEO and co-founder of planfocus.

The integration of planfocus further expands Sesami’s global customer portfolio to include some of the world’s leading financial institutions and consumer companies. Integrating its existing technology stack will also expand its cash optimization offering to its customer base. Currently, planfocus optimizes the operations of over 78,000 bank branches, ATMs and cash handling centers, driving over €300 billion in physical cash shipments each year.