# CitiXsys

> CitiXsys develops iVend Retail, a retail management platform connecting point of sale, inventory, loyalty, eCommerce and ERP systems. It serves mid-market and enterprise retailers through certified implementation partners, with company-reported use in more than 90 countries.

- **Founded:** 2002
- **Headquarters:** New York, United States
- **Founders:** Kamal Karmakar (Founder; identified as CEO in the 2019 financing announcement)
- **Products:** iVend Retail POS, iVend Cloud, Retail Inventory Management, iVend Loyalty and Promotions, ERP Connectors and iVend API
- **Notable:** Announced a US$60 million Goldman Sachs-led financing in November 2019., Company reports deployments in more than 90 countries., Housatonic’s 2018 announcement reported more than 1,500 retailer customers.

## Products & services

- **iVend Retail POS** — Store and mobile checkout with customer, pricing and transaction functions; supports offline operations.
- **iVend Cloud** — Subscription deployment with application and infrastructure management and support.
- **Retail Inventory Management** — Inventory visibility and movement management across retail locations.
- **iVend Loyalty and Promotions** — Customer rewards and promotion management integrated with retail transactions.
- **ERP Connectors and iVend API** — Connections to SAP, Sage and Microsoft Dynamics systems, plus APIs for other applications.
- **eCommerce Integrations** — Integrations offered for Shopify, Magento, WooCommerce and BigCommerce.
- **Consulting and Managed Services** — Implementation, integration, support and cloud management delivered with regional partners.

## Achievements

- Announced a US$60 million Goldman Sachs-led financing in November 2019.
- Company reports deployments in more than 90 countries.
- Housatonic’s 2018 announcement reported more than 1,500 retailer customers.
- Published customer cases document SAP Business One integration at MonkeySports and POS standardisation at Nictus.

## Latest updates

- **2026-06** — Published “Why Loyalty Performs Better with Better Retail Data,” focusing on the information behind rewards programmes.
- **2026-06** — Published “Why Mobile POS Is Only as Good as the Stock View Behind It.”
- **2026-05** — Published “Mobile POS System: What Actually Matters on the Shop Floor.”

## Links

- Website: https://ivend.com/
- LinkedIn: https://www.linkedin.com/company/citixsys/
- Twitter/X: https://twitter.com/iVendRetail
- Facebook: https://www.facebook.com/iVend.Retail/

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Profile page: https://yespress.io/citixsys
Published by YesPress — https://yespress.io
Last updated: 2026-10-26