Sonect
Sonect is a location based matchmaking platform connecting those who want to withdraw cash, with those who want to deposit it.
Sonect is a Swiss company that converts every shop into a “virtual ATM”. This reduces cost of cash distribution for banks and eases up in store cash management for merchants via a location-based on-demand service. Users of the platform can withdraw cash from any of the participating shops using a smartphone. Sonect builds a community around local businesses and helps them generate physical leads while banks save up to 50% in running their ATM operations and optimize their presence. Sonect also helps banks expand their services into new regions and increase financial inclusion without any significant capital investment.
Target Customers
Financial Institutions
Current Customers
NA
Industry Verticals
Related Blog Articles
Company Overview
Founders
Location:
Zürich, Zurich, Switzerland
Founded:
Aug 2016
No. of Employees
7 per Crunchbase
Current Money Raised
US$ 8.5M Series A via Crunchbase
Contact Information
Last updated on September 16th, 2020
