Cantaloupe, Inc. Honored with Two Prestigious Technology Association of Georgia Awards for Innovation and Impact in Fintech

Rhea-AI Summary

Cantaloupe (Nasdaq: CTLP) has been awarded two prestigious honors by the Technology Association of Georgia (TAG): the TAG Fintech ADVANCE award and the Innovation Driven Company award. The company received the ADVANCE award at Fintech South conference on August 28, and the Innovation award at the 2024 TAG Technology Awards on November 6. These recognitions highlight Cantaloupe's significant contributions to Atlanta's fintech community and its role in advancing self-service commerce through innovative payment solutions and technology.

Positive

• Recognition in fintech innovation strengthens market position
• Strong presence in Atlanta's strategic fintech hub
• Successful expansion in enterprise-level solutions (>$50M revenue category)

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• None.

Cantaloupe Awarded the TAG Fintech ADVANCE Award and the Innovation Driven Company Award

ATLANTA--(BUSINESS WIRE)-- Cantaloupe, Inc. (Nasdaq: CTLP), a global leading provider of end-to-end technology solutions for self-service commerce, has been recognized by the Technology Association of Georgia (TAG) with two significant awards: the TAG Fintech ADVANCE award and the Innovation Driven Company award. These accolades celebrate Cantaloupe’s presence in the Atlanta financial technology community and are a recognition of the impact that Cantaloupe is making in the sector.

Ravi Venkatesan, CEO of Cantaloupe, Inc., along with Gaurav Singal, chief technology officer, accept one of two awards presented to them recently from the Technology Association of Georgia. The awards were for Innovation and Impact in Fintech. (Photo: Business Wire)

The TAG Fintech ADVANCE award was presented at the Fintech South conference on August 28, and the 2024 Innovation Driven Company award was presented at the 2024 TAG Technology Awards on November 6.

“We are thrilled to be honored by TAG with these two awards,” noted Ravi Venkatesan, CEO of Cantaloupe, Inc. “Cantaloupe’s strong presence in the Atlanta community, coupled with our commitment of innovation, have been essential to our success. Most of the world’s payments are run through an Atlanta-based company and this statistic highlights the profound impact of technology on our lives and underscores the need for businesses to stay ahead of the curve. In fact, the move toward self-service retail with cashless and contactless payments has been at the forefront of our innovation.”

The TAG Fintech ADVANCE Award acknowledges U.S.-based fintech companies making significant strides in advancing financial services through innovation. The award criteria was open to mature companies with strong ties to Georgia and the ADVANCE Award recognizes those who have shown leadership in tech-driven solutions that are reshaping the industry. Cantaloupe’s cutting-edge technology and dedication to advancing the fintech landscape distinguished the company from other contenders.

The 2024 TAG Technology award for an Innovation Driven Company in the Enterprise category (for companies with over $50 million in revenue), honors companies across Georgia that have leveraged technological innovation to drive excellence and standout success across diverse industries.

“Receiving the TAG Technology Award is a meaningful recognition of our work in developing groundbreaking technologies that enhance the consumer experience,” noted Gaurav Singal, chief technology officer of Cantaloupe, Inc. “This award also showcases our dedication to empowering businesses with tools that not only drive efficiency but also enhance customer engagement.”

These recognitions affirm Cantaloupe’s strategic direction and strong market position in self-service commerce. With a comprehensive suite of services, including micro-payments processing, cloud software solutions, IoT technology, and innovations in point-of-sale, Cantaloupe continues to empower businesses and redefine the customer experience.

These prestigious awards also highlight Cantaloupe’s influence in the Georgia tech landscape and the growing role of fintech in driving economic and technological progress. As Cantaloupe expands its reach and enhances its offerings, it remains a committed partner to enterprises seeking efficient and innovative solutions in the fast-evolving self-service and fintech sectors.

For more information, visit www.cantaloupe.com.

About Cantaloupe Inc.

Cantaloupe, Inc. (Nasdaq: CTLP), is a global technology leader powering self-service commerce. Cantaloupe offers a comprehensive suite of solutions including micro-payment processing, self-checkout kiosks, mobile ordering, connected point of sale systems, and enterprise cloud software. Handling more than a billion transactions annually, Cantaloupe’s solutions enhance operational efficiency and consumer engagement across sectors like food & beverage markets, smart automated retail, hospitality, entertainment venues and more. Committed to innovation, Cantaloupe drives advancements in digital payments and business optimization, serving over 30,000 customers in the U.S., U.K., EU countries, Australia, and Mexico. For more information, visit cantaloupe.com or follow on LinkedIn, Twitter (X), Facebook, Instagram or YouTube.

About the Technology Association of Georgia (TAG)

TAG drives innovation among Georgia’s technology community, inspires tech leaders, and fosters inclusivity through four foundational pillars: Connect, Promote, Influence and Educate. TAG serves more than 30,000 members statewide through regional chapters in Metro Atlanta, Augusta, Columbus, Macon/Middle Georgia, and Savannah. TAG hosts more than 150 events each year and serves as an umbrella organization for 18 professional societies, including the TAG Fintech Society. For more information visit the TAG website at www.tagonline.org.

Cashtag $CTLP
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View source version on businesswire.com: https://www.businesswire.com/news/home/20241115704463/en/

Jenifer Howard | 202-273-4246

jhoward@jhowardpr.com

media@cantaloupe.com

Source: Cantaloupe Inc.

FAQ

What awards did Cantaloupe (CTLP) receive from TAG in 2024?

Cantaloupe received two awards from TAG: the TAG Fintech ADVANCE award and the 2024 Innovation Driven Company award in the Enterprise category.

When did Cantaloupe (CTLP) receive the TAG Fintech ADVANCE award?

Cantaloupe received the TAG Fintech ADVANCE award at the Fintech South conference on August 28.

What category did Cantaloupe (CTLP) win the TAG Innovation Driven Company award in?

Cantaloupe won in the Enterprise category, which is for companies with over $50 million in revenue.