- CEO
- Jason Siemens
- Full Time Employees
- 27
- Sector
- Technology
- Industry
- Software - Application
- Address
- 150 King Street West Toronto ON Canada M5H 1J9
- IPO Date
- Feb 28, 2017
- Business
- NamSys Inc. provides cloud-based software solutions for currency management and cash processing primarily serving the banking, merchant, financial institutions, cash-in-transit providers, and smart safe industries across North America. Its core products include the Cirreon Smart Safe platform for smart safe monitoring and remote management, Cash in Transit logistics software that manages routes and captures proof of delivery digitally, Cash Vault Management solutions for credit reconciliation and cash inventory optimization, Deposit Tracking for real-time monitoring of digital deposit data, and Online Change Orders for efficient change order processing. The company’s platforms operate on a subscription-based SaaS model designed to improve operational efficiency, accuracy, and security in cash handling processes. Founded in 1997 and headquartered in Toronto, Canada, NamSys also offers legacy system upgrades, consulting, training, and maintenance services.
In the last two years, NamSys has focused on expanding its cloud-based offerings and modernizing legacy systems, emphasizing scalable and cost-effective subscription solutions. Significant recent developments include the appointment of Michael Robb to its Board of Directors in 2024, emphasizing growth and strategic expertise, and amendments to its stock option plan in 2025 to comply with TSX Venture Exchange regulations. The company has seen increasing adoption of its Cirreon CIT application by large customers during 2024, contributing to improved revenue performance. NamSys also attained new security certifications in 2025, reinforcing its commitment to secure cash processing technology and strengthening its position in the currency management software market.
NamSys operates primarily in North America, targeting retail, banking, cash logistics, and government sectors, with main assets labeled under the Cirreon and Currency Controller brands. Its offerings encompass fully integrated, cloud-based platforms that connect financial institutions, retailers, armored carriers, and smart safe operators to optimize cash flow and reduce processing errors while providing real-time data and analytics. NamSys is recognized for transforming cash processing through technology innovation and subscription-based pricing, supporting the evolution of cash handling ecosystems in the modern era.