SESAMI BECOMES GLOBAL LEADER IN CASH OPTIMIZATION SOFTWARE SOLUTIONS WITH PURCHASE OF FINTECH PLANFOCUS

Planfocus’s AI-based software for cash optimization significantly expands Sesami software solutions that offer and expand the existing global customer portfolio

AMSTERDAM, 9 August 2022 /PRNewswire/ – Sesami Cash Management Technologies (“Sesami”), a global cash ecosystem integrator and technology company, is pleased to announce its acquisition of Planfocus software GmbH (“planfocus”), a leading global fintech offering a 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’ leading software solutions for cash optimization help reduce logistics expenses and cash holding costs, while improving availability and service levels for customers. The technology empowers financial institutions and consumer businesses worldwide to increase process optimization and bring 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 theirs. As part of Sesami, we will now be able to truly scale our next-generation technology and bring our unmatched cash optimization solutions to a broader global customer base,” said Dr. Joachim WalserCEO 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. The integration into the existing technology stack will also expand the cash optimization offering for the existing customer base. Planfocus currently optimizes the operations of over 78,000 bank branches, ATMs and cash handling centers, running over 300 billion euros in physical cash shipments each year.

ABOUT SESAME

Sesami, an independent unit of Garda World Security Corporation, is the only true end-to-end global cash ecosystem platform, offering software, intelligent devices and managed services that help financial institutions and consumer businesses optimize the performance of their cash ecosystem through a single custody solution provider. For more information visit www.sesami.io

SOURCE Sesame