minuteKEY Closes on Growth Financing to Fund Further Expansion and Innovation

By | October 1, 2014

minuteKEY Inc., the world’s first self-service kiosk for accurately duplicating keys, today announced that it secured growth financing in the amount of up to $30 million

Source: money.cnn.com

“This new capital infusion gives minuteKEY the ability to continue to aggressively pursue our business plan, and we’re pleased that Main Street shares our enthusiasm and confidence in this business,” said minuteKEY CEO Randy Fagundo. “It’s rewarding to see the acceptance of our service grow among retailers and consumers. Today we have thousands of kiosks on the ground and recently cut our 20 millionth key; we look forward to substantially growing those numbers in the future.”

Author: News Editor

Kiosk manufacturer experience since 1993. Engineer for Verizon Bill Pay kiosks while at KIS in Colorado. Extensive device knowledge for printers, scanners, currency, PCI, ADA, touch screen technology, outdoor, biometrics such as fingerprint and IRIS. Runs and manages the current kiosk association, KMA. Works with U.S. Access Board on ADA and accessibility. PCI SSC participating organization. Member of National Retail Federation (NRF) and National Restaurant Association.