Pension Fund

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NCR Atleos

Delivering exceptional ATM & ITM solutions, NCR Atleos empowers financial institutions & retailers to expand access & optimize branch operations.

NCR Atleos logo

NCR Atleos

Delivering exceptional ATM & ITM solutions, NCR Atleos empowers financial institutions & retailers to expand access & optimize branch operations.

General information

Firm type

Pension Fund

Year founded

2023

Location

Region

North America

Country

United States

City

Atlanta

Corporate office

864 Spring Street NW, Atlanta, GA 30308, United States

Additional offices

Chennai, India

Principals

Timothy C. Oliver

President and Chief Executive Officer

Joseph E. Reece

Chairman of the Board

Sector focus

FinTechPrivate CreditReal Estate

Frequently asked questions

How did NCR Atleos originate as a standalone company?

NCR Atleos was created in October 2023 through a tax-free spin-off from NCR Corporation, which split its ATM and interactive-teller-machine business from its digital-commerce unit. Tim Oliver, previously NCR's banking segment head, became president and CEO of the new public company, listed on the NYSE as NATL. The remaining digital-commerce and point-of-sale business continued as NCR Voyix.

What is the Allpoint network and how does it contribute to Atleos' business?

Allpoint is the world's largest surcharge-free ATM network, with access points across the United States, United Kingdom, Canada, Mexico, and Australia. Atleos earns interchange and surcharge revenue from transactions on Allpoint ATMs placed in retail locations such as CVS, Walgreens, and 7-Eleven stores. The network gives smaller financial institutions a physical cash-access footprint without building proprietary branch infrastructure.

Does NCR Atleos make venture-capital investments?

Yes, Atleos maintains a venture-capital allocation targeting financial-technology startups, though specific portfolio companies, check sizes, and commitment vehicles are not publicly disclosed. This allocation sits alongside its core business of owning and operating ATM hardware and managed services. The unit was inherited from NCR Corporation's broader innovation strategy and continues under the independent Atleos structure.

What is Atleos' connection to cryptocurrency?

Atleos owns LibertyX, a Bitcoin ATM solution acquired in 2021 when the business was still part of NCR Corporation. LibertyX enables Bitcoin purchases at thousands of ATMs across the United States, integrating cryptocurrency access into Atleos' existing physical kiosk network. The LibertyX brand and Bitcoin rails remained with Atleos after the 2023 spin-off.

What is the Brink's Company acquisition and what happens next?

In February 2026, The Brink's Company agreed to acquire NCR Atleos for $6.6 billion in an all-cash transaction that includes assumed debt. The deal combines Atleos' ATM network and managed-service contracts with Brink's existing cash-logistics, vaulting, and armored-transport operations. Completion is subject to Atleos shareholder approval and customary regulatory clearances; upon closing, Atleos will cease to operate as an independent public company.

Who makes investment decisions at NCR Atleos?

Timothy C. Oliver, as president and CEO, is the senior-most executive responsible for capital-allocation decisions, including venture investments and infrastructure deployment. The board, chaired by SilverBox Capital managing partner Joseph E. Reece, oversees strategic transactions such as the Brink's acquisition. Day-to-day deployment of ATMs and managed-service contracts falls under Oliver's operating team rather than a dedicated CIO or investment committee.

What is the NCR Atleos Foundation?

Atleos maintains a corporate philanthropic arm, the NCR Atleos Foundation, which was established as part of the 2023 spin-off from NCR Corporation. The foundation's specific grantmaking focus, assets, and giving levels have not been publicly detailed. It is structurally separate from Atleos' hardware-deployment and venture-investment operations, following standard corporate-foundation governance separations.

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