Cashmaster Blog: Cash Management Insights & Expert Advice

Cashmaster grows Northeastern European presence with SKOLD partnership

Written by Lisa Fitzpatrick | 05-Feb-2026 10:40:41

Cashmaster has expanded its Northeastern European presence through a new reseller partnership with technology specialist SKOLD. Under the agreement, SKOLD will become an authorised reseller of the Cashmaster One range in Latvia and Lithuania, supporting businesses looking to improve accuracy, control, and confidence in cash handling.

 

The partnership reflects our continued investment in the region, combining proven cash management technology with SKOLD’s strong local expertise and established customer relationships.

 

Martin Petersen, Group Technology and Marketing Director at Cashmaster, said
“Latvia and Lithuania are strategically important markets for Cashmaster as we continue to build our presence across Northeastern Europe. SKOLD’s technical capability and understanding of local customer needs make them a strong partner as we scale our operations in the region. This partnership gives us a solid platform for sustained growth.”

 

With SKOLD as a regional partner, Cashmaster is well placed to support retailers and cash handling businesses with secure, reliable, and scalable cash management solutions across Latvia and Lithuania.