Cantaloupe Celebrates 30 Years of Innovation

Cantaloupe 30 years

2021 Marks A Year of Innovation with Next-Generation Technology, Payment Methods and Research on Future of Autonomous Retail.

Cantaloupe Inc., a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, announced the celebration of 30 years of innovation, collaboration with leading technology partners and research insights into the future of autonomous retail.

Cantaloupe

“Thirty years ago, we changed the face of unattended retail by offering vending machine operators the first cashless card readers, ushering in the era of self-service vending,” said Sean Feeney, CEO of Cantaloupe. “Innovation continues to be the foundation of Cantaloupe. From connecting mobile wallets with next-generation loyalty programs, including crypto payment acceptance, to touchscreen points-of-sale, and integration of machine learning, we continue to optimize and streamline operations for our customers in the global marketplace.”

Cantaloupe, which rebranded from USA Technologies in 2021, has continued to grow its connections, client base, and revenue. The company reported more than 1.1 million active points of sale connected to its platform at the end of the fiscal first quarter of 2022 (reported in November 2021), and nearly 21 thousand active customers during the same period. This represents a 17 percent growth over the previous year. Further, the company delivered revenues in the first quarter of $45.8 million, an increase of 24.1% year over year, for that quarter.

For more information visit https://www.cantaloupe.com/, or call 800-766-8728.