StrongPoint ASA introduced a new solution, 'CashGuard Connect', the world's first fully automated end-to-end cash management solution eliminating the need for store staff to handle cash. 'CashGuard Connect' was specifically designed to address the cash-handling challenges faced by grocery retailers. The new solution is operational and being tested in a store checkout of the grocery retailer Mercadona, which has more than 1,660 supermarkets in Spain and Portugal. Following the setup of an industrialized production, the solution is set to be made available to grocery retailers by the end of 2025, providing them the opportunity to drive substantial efficiency savings in their
cash management operations. The front and back-end elements of the solution can be sold separately or installed as a complete end-to-end solution depending on the unique needs of the store and its infrastructure. The solution was developed by StrongPoint Cash Tech S.L., a joint venture currently owned 60% by StrongPoint.