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Overview
Vaultex is a United Kingdom cash-management company owned jointly by HSBC and Barclays. The company counts, verifies, stores, redistributes, and settles physical cash for financial and commercial customers. It serves banks, retailers, cash carriers, and organizations that rely on physical currency operations. Its operating model centers on secure processing centers supported by logistics, engineering, technology, risk, and control functions. Teams work across cash operations, engineering, technology, security, risk, finance, maintenance, and management.
About Vaultex
Industries
Financial Services
Company Size
1-10
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
2007
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Simplify's Take
What believers are saying
- The March 2026 Kilmarnock NCS go-live should lift efficiency and lower risk.
- Virtual Cash Centre cut 28,000 vehicle miles and 35 tonnes emissions annually by 2026.
- Vaultex's 2024 Solar Learning Lab partnership strengthens brand with ESG-minded clients.
What critics are saying
- Cash volumes keep falling, forcing Vaultex to right-size Technology and Change after 2025.
- Mastercard's Vocalink control and UK payments digitization pressure Vaultex's long-term cash franchise.
- If UK cash usage declines faster, Vaultex's core processing network becomes structurally redundant.
What makes Vaultex unique
- Vaultex is a UK-leading cash management provider with six active VCC sites, 2025.
- Its 2025 NCS application for Kilmarnock reduced risk and improved operations.
- Vaultex Consulting sells cash-strategy expertise to banks, retailers, and central banks.
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Benefits
Life Insurance
Disability Insurance
Paid Holidays
Employee Discounts
Mental Health Support
Performance Bonus
Mentorship Program
Training Programs
Company News
Vaultex has partnered with Utelize to support Computer Aid's Solar Learning Labs programme - an initiative that brings technology hubs to communities in remote areas around the world.
This week, Vaultex UK Limited were thrilled to have been awarded Good Business Pays' prestigious Fast Payer Award for 2023.
Vaultex is Hiring for 13 Jobs on Simplify!
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About Vaultex
Industries
Financial Services
Company Size
1-10
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
2007
Vaultex is Hiring for 13 Jobs on Simplify!
Find jobs on Simplify and start your career today