minuteKEY Closes on Growth Financing to Fund Expansion

By | July 5, 2022

Last Updated on July 5, 2022 by Craig Allen Keefner

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: Craig Allen Keefner

Craig Allen Keefner is an industry analyst, content strategist, and longtime authority on self-service kiosks, digital signage, unattended payment systems, and interactive technology. He manages content and industry strategy for Kiosk Industry and The Industry Group, with a focus on kiosk software, hardware-software integration, accessibility, payment compliance, healthcare kiosks, restaurant self-service, and emerging AI automation. Craig has covered the self-service and kiosk industry since the 1990s, tracking how public-facing terminals move from concept to field deployment. His work combines industry research, vendor analysis, operator conversations, standards tracking, trade show coverage, and practical experience with the real-world constraints of kiosk deployments. https://www.linkedin.com/in/kiosk