ALVARA Cash Management Group

ALVARA Cash Management Group is a provider of software solutions to all players in the cash cycle to manage, automate and monitor cash management. ALVARA stands for protection and security in all processes in all payments. We develop tailor-made IT solutions and services for our customers for the integrated management of payment transactions, from the customer in the retail sector through the value-added service provider to the financial institution.

1 past transactions

IT Kompetenz

Acquisition in 2020
IT Kompetenz GmbH, founded in 1995 and headquartered in Hamburg, Germany, specializes in developing software solutions for managing, monitoring, and optimizing cash logistics processes. The company provides field-tested applications designed to enhance cash management for retailers, value transporters, and banking institutions. Their software enables efficient recording and tracking of cash and cash flows through cloud-based systems, facilitating automation and control in cash logistics operations. As of June 2020, IT Kompetenz operates as a subsidiary of ALVARA Cash Management Group AG.
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