minuteKEY Closes on Growth Financing to Fund Expansion

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: Staff Writer

Craig Keefner -- With over 40 years in the industry and technology, Craig is widely considered to be an expert in the field. Major early career kiosk projects include Verizon Bill Pay kiosk and hundreds of others. Craig helped start kioskmarketplace and formed the KMA. Note the point of view here is not necessarily the stance of the Kiosk Association or kma.global