Turn machine payments into finance-ready operating records.
VEND links machine identity, payment activity and service events into a verified operating ledger for reconciliation, settlement and financing—without changing how consumers pay.
Partner-reported CoinUp operating footprint as of August 2026. These figures do not represent VEND revenue, active users or full VEND integration.
Why VEND exists
The real economy runs on machines, but the records around them remain fragmented.
Physical machines deliver recurring, measurable services. Yet payment, machine activation, maintenance, settlement, accounting and financing data often live in separate systems. That makes reconciliation slow and machine-level performance difficult for partners to verify.
Fragmented operations
Operators reconcile separate systems without one consistent machine-level operating record.
Capital without visibility
Capital providers often underwrite an operator or property rather than the current performance of each productive machine.
VEND begins with real utility, distribution and cashflow—then builds the financial layer around them.
What VEND is
A cross-operator registry, verification, reconciliation and financial-infrastructure layer for machine commerce.
VEND connects machine identity, consumer payment activity and service events into a standardized operating record. Consumers keep using familiar local payment methods; VEND works behind that experience.
Connects a real productive asset
Documents paid demand
Reconciles machine activity
Supports partner workflows
What is live today
The current boundary between working proof, production development and future evaluation.
VEND connects selected live stores, machines, payments and service events in its operating POC today. Those records power machine-level proof pages, store reports and working operator/admin dashboards. VEND is now expanding store coverage and productionizing reconciliation, settlement and partner workflows.
Connected operating layer
- Selected live store connections
- Machine and store registry
- Transaction and service-event ingestion
- Machine proof pages and operating reports
- Operator and admin dashboards
Production rollout
- Additional store onboarding
- Broader automated ingestion
- Production reconciliation workflows
- Operator APIs and controls
- Partner compliance workflows
Financial infrastructure
- Stablecoin settlement workflows
- Working-capital financing workflows
- Equipment financing workflows
- Eligible asset-pool reporting
- Partner servicing and monitoring
Distribution and CoinUp
CoinUp is VEND's initial operating environment—not the same product.
CoinUp's KLO and MLO systems operate laundromats and manage customers, machines and store activity. VEND standardizes selected machine and payment events from CoinUp—and eventually other operators—for verification, reconciliation, settlement reporting and financing workflows across partners and markets.
CoinUp's footprint provides an initial path to deployment. It does not imply that every CoinUp location, user or machine is already connected to VEND.
How the operating record works
A payment becomes useful when it can be reconciled to a machine, service event and operating entity.
- 1Consumer uses a machine
- 2Payment reference is recorded
- 3Service event is matched
- 4Store and machine are reconciled
- 5Operating report is produced
The result can support operating reconciliation today and, where partners and legal structures permit, settlement reporting, financing eligibility, asset-pool monitoring and auditable servicing later.
Architecture
Modular infrastructure separates operating records from regulated financial activity.
Machine & operator layer
Machines, stores, operators, telemetry and service events
Payment & settlement layer
Card, QR, bank and eligible partner-led settlement workflows
Registry & verification layer
Consistent machine, store, transaction and operator references
Reporting & workflow layer
Reconciliation, operating reports, partner APIs and monitoring
Partner application layer
Eligible settlement and financing structures implemented by regulated partners
Personal and commercially sensitive information can remain offchain. Only necessary proofs, references or aggregated records are committed for shared verification.
Why blockchain and stablecoins
Selective infrastructure for shared verification and eligible settlement—not a consumer requirement.
Blockchain
Used selectively when independent organizations need tamper-evident references to the same machine, payment, settlement or servicing record. Not every machine event or customer record is placed onchain.
Stablecoins
May support back-end treasury conversion, cross-border settlement, payouts or distributions where commercially and legally appropriate. Consumers continue paying through familiar methods.
VEND is provider-neutral. Providers, conversion partners and settlement structures will be selected by market, regulatory eligibility and commercial fit. If partner-led financing products are introduced, shared references may also support capital deployment, distributions, repayments and servicing records.
Business model
Infrastructure and workflow fees are paid by the organizations that use VEND.
Operators & machine networks
Integration, reporting, dashboard and recurring software fees.
Payment & settlement partners
Reconciliation APIs, payout workflows and settlement-reporting fees.
Capital & structuring partners
Data, monitoring and servicing fees for eligible structures implemented through licensed partners.
Fees may be structured per connected location, machine, transaction, settlement workflow or financed asset, depending on the product.
From machine cashflow to eligible financial products
Machine cashflow can become an underwriting input; it is not itself an investment product.
VEND can help document productive-machine cashflow. A licensed partner and enforceable legal agreement would define any investor rights, eligibility, capital deployment and repayment obligations.
These are future partner-led applications under evaluation. VEND does not currently offer a public investment product.
Participants and compliance
VEND supplies common technology and records while regulated entities perform regulated activities.
Infrastructure with licensed partners
Any issuance, investor onboarding, custody, payment service or capital deployment would be performed under a defined legal structure with appropriately regulated partners.
Operators
Connected records, reconciliation and operating history
Payment & settlement partners
Acceptance, conversion, payouts and reporting
Capital partners
Eligible cashflow data and performance monitoring
Regulated partners
Structuring, onboarding, custody and capital deployment
Auditors & servicers
Consistent records for reporting and administration
Consumers
Familiar local payment experiences
Roadmap
The sequence starts with verified operations, then adds partner-led workflows.
Selected verification
Machine, transaction and operating-report references
Automated operations
Ingestion, identifiers, reconciliation and operator workflows
Eligible payout workflows
Local payment records connected to partner-led settlement
Defined financial structure
Equipment or working-capital pilot with regulated partners
Broader network
Additional operators, countries and machine categories
How VEND measures progress
Current evidence is separated from the metrics VEND intends to publish.
Current footprint & POC activity
- Partner-reported CoinUp operating footprint
- Selected VEND-indexed machines and transaction references
- Machine proof pages and operating reports
Metrics VEND intends to publish
- Connected locations and machines
- Verified transaction volume and reconciliation rate
- Settlement time and workflow completion
- Financed assets and repayment performance, if launched
Frequently asked questions
What is live today?
Selected stores are connected to the current POC. Live capabilities include machine and store registries, transaction and service-event ingestion, machine-indexed proof pages, operating reports and operator/admin dashboards. VEND is expanding coverage and productionizing reconciliation, APIs and partner workflows.
How is VEND different from CoinUp's KLO and MLO systems?
CoinUp's systems operate laundromats and manage customers, machines and store activity. VEND converts machine and payment events from CoinUp—and eventually other operators—into a standardized financial and settlement-ready record across partners and markets.
Is VEND a payment or lending company?
No. Payments are a source of operating data and settlement activity. VEND provides registry, verification, reconciliation and workflow infrastructure. Regulated partners would perform any licensed payment or financing activity.
Does VEND currently offer an investment product?
No. This public overview describes infrastructure and potential partner-led applications. Any future financial product would require a defined legal structure, jurisdictional eligibility and regulated partners.
Is every CoinUp location connected to VEND?
No. CoinUp's network is VEND's initial distribution and operating environment. Current VEND indexing and integration cover selected POC data only.
Does the consumer need a crypto wallet?
No. Consumers continue using familiar local payment methods. Blockchain and stablecoin functions, where appropriate, operate selectively behind the scenes.
Are physical machines placed onchain?
No. VEND records references connected to machine identity, activity and verification. The equipment remains in the real world, and customer or commercially sensitive data can remain offchain.
What would an investor own?
That would depend on the legal structure, such as a loan, note, fund interest, revenue-participation right or SPV interest. A token alone does not create an enforceable claim.
Will VEND issue a token?
No token issuance has been confirmed. VEND's operating layer does not require a token. One would only be considered if a necessary coordination function emerged that contracts, equity, stablecoins or conventional software economics could not serve more effectively.
The long-term vision
Make productive machines visible, verifiable and financeable across operators and markets.
Laundromats are the starting point. The same infrastructure can extend to vending, charging, kiosks, lockers and other unattended machines with measurable revenue—without requiring consumers to adopt new payment behavior.
Operating records for the next generation of machine commerce.
Make machine cashflow verifiable—and ready to move.
Connect machine networks to trusted operating records, settlement workflows and finance-ready infrastructure.