With an eye on a fresh start after two tumultuous years and hoping to gain a stronger international presence, Malvern-based USA Technologies relisted on Nasdaq and is planning to rebrand as Cantaloupe, writes Jeff Blumenthal for the Philadelphia Business Journal.

Sean Feeney, who was installed as CEO of the fintech company in May following a proxy fight, said the name change will take place sometime in 2021 and will include a new logo, website, and ticker symbol.

At this time, the company generates a small percentage of its revenue from customers outside of the U.S. Before it starts to expand its presence in Asia, Latin America, and the Caribbean, the company will change its name in order to not have such a strong domestic connotation.

The company also announced that its application for relisting its stock on Nasdaq was approved.

“Being relisted represents a new start for the company,” said Feeney. “If we wanted to, it also would allow us to raise additional capital, though we don’t have plans to do that at this time.”

Read more about USA Technologies in the Philadelphia Business Journal here.

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