Who owns Coinstar?
Apollo Global Management
On July 2, 2013, Coinstar, as Outerwall, started trading on the NASDAQ as OUTR, changing its name from Coinstar. As of 2016, it is now owned by Apollo Global Management.
Who manufactures Coinstar?
In addition, Volex’s global footprint will allow Coinstar to provide procurement and manufacturing services closer to our end customers’ locations.” Volex will handle all aspects of the manufacturing of large scale kiosks for Coinstar in all worldwide regions, including North America, Europe and Asia.
Does Coinstar have a competitor?
The alternative to CoinStar is to visit a local banking branch and ask for paper sleeves that you can use to roll your own coins. Then you can deposit them in your account or exchange them for paper money.
How much does it cost to buy a Coinstar?
Just pour your coins into the kiosk and let us do the work. Choose one of our three convenient options: get cash, which has an 11.9% fee (fees may vary by location), select a NO FEE eGift Card, or make a donation to your favorite charity.
Is Coinstar a franchise?
Coinstar last year was one of the few franchise business outside of quick-serve restaurant sector to turn to the whole-business securitization model for financing.
Does Amazon own Coinstar?
Amazon today announced an integration with Coinstar, which is adding Amazon Cash deposit capability at its coin-counting kiosks. Founded in 1991, Coinstar operates nearly 20,000 kiosks. The company was previously owned by Outerwall, which was acquired by Apollo Global Management in 2016.
Who is the CEO of Coinstar?
Erik E. Prusch (Jul 31, 2015–)
What’s better than Coinstar?
The fee-free restaurant and retail options include:
- Home Depot.
How do you use a Coinstar machine?
Just pour your coins into a machine and let us do the work.
- Take your coins to a Coinstar machine. A 11.9% coin processing fee applies.
- Remove dirt, debris, and other objects from coins. Add coins to the tray.
- When the machine is done counting, you’ll receive a cash voucher. Get cash for your voucher at the cashier.
What is a Coinstar® kiosk?
Coinstar® kiosks turn the coins you toss in a jar into something you really want–like cash, a NO FEE eGift Card, or a charity donation. Ready to find a Coinstar kiosk? 20,000 kiosks in four countries means there’s likely a Coinstar kiosk located in a grocery store near you.
What is Coinstar and how does it work?
The company also operates Coinstar Exchange for gift cards. Coinstar’s kiosks are in the front of stores (between the cash registers and the exit/entrance). The company has more than 60,000 kiosks offering a variety of services in the US, UK, Ireland, Canada, Puerto Rico, and Mexico.
How did Coinstar become one of the fastest growing companies?
This meant that all the customer had to focus on was how they were going to spend the cash they got back. By 1992, the kiosk was ready for its first installation and Coinstar was subsequently named one of the fastest growing companies in the US.
Where can I find Coinstar coin-cashing?
The typical Coinstar coin-cashing kiosk is green (blue in the UK) and the size of a large vending machine. They are located at grocery stores, drug stores, larger merchants, banks or other retail locations. The coin-counting service is available in the US (including Puerto Rico), Canada, Ireland, and the UK.