Cashlogy Turns 10: A Decade of Digital Innovation in Malta

Cashlogy’s Decade of Innovation: Kintech Celebrates 10 Years in Malta

Imagine, if you will, the bustling streets of Valletta on a sunny afternoon. The Three Cities’ skyline shimmers in the distance, and the hum of activity is palpable. Now, picture this: a decade ago, in the heart of Malta’s capital, an idea was born that would revolutionize the way we handle money. That idea was Cashlogy, and it’s been making waves ever since.

From Concept to Reality: Kintech’s Vision

In 2012, Kintech, a local software development company, saw a gap in the market. With the rise of digital technology, they envisioned a world where cash was no longer king. Thus, Cashlogy was born, a digital wallet that allows users to manage their money, pay bills, and make transactions seamlessly. The journey began at Kintech’s headquarters in Msida, a stone’s throw from the iconic Dragonara Casino.

Cashlogy was launched in 2013, initially as a mobile app for Android and iOS. It started small, with a team of dedicated developers and a visionary CEO, Mario Aquilina. Today, it’s hard to imagine Malta without Cashlogy. From the bustling markets of Marsaxlokk to the trendy cafes of St. Julian’s, it’s become a part of our daily lives.

Growing with Malta: A Decade of Milestones

Cashlogy’s growth mirrors Malta’s own evolution over the past decade. As the island embraced digital transformation, so did Cashlogy. Here are a few key milestones:

• 2015: Cashlogy introduced QR code payments, allowing users to pay bills and make transactions simply by scanning a code.
• 2017: The launch of Cashlogy Business, a platform enabling businesses to accept digital payments, was a breakthrough. It was rolled out at popular locales like the Spinola Bay promenade and the Three Cities’ waterfront.
• 2020: Cashlogy responded to the COVID-19 pandemic by introducing contactless payments, further enhancing safety and convenience.
• 2022: Cashlogy reached a significant milestone – processing over €1 billion in transactions. This was celebrated at a event held at the historic Casino Maltese in Valletta.

Today, Cashlogy boasts over 100,000 users, processing millions of euros annually. It’s not just a success story; it’s a testament to Malta’s potential as a tech hub.

: Cashlogy’s Next Chapter

As Cashlogy marks its 10th anniversary, it’s not resting on its laurels. Mario Aquilina, now a seasoned entrepreneur, shares his vision: “We’re excited about the future. We’re exploring new technologies, like blockchain, to enhance security and transparency. We’re also expanding our reach, with plans to enter new markets.”

Cashlogy’s journey is a testament to Malta’s potential. It’s a story of innovation, resilience, and growth. As we look to the future, one thing is clear: Cashlogy will continue to shape the way we handle money in Malta and beyond.

Cashlogy’s 10th anniversary celebrations are ongoing. Follow their journey on social media and join in the festivities. #Cashlogy10