SONECT
SONECT enables every shop in the neighborhood to act as a “virtual ATM” using just a smartphone or its POS-system. It democratizes the process of cash distribution in order to reduce the “cost of cash”. SONECT is a location-based matchmaking platform that connects those who want to withdraw cash with those who want to deposit cash – typically a local shop owner. It builds a community around local businesses and helps them generate physical leads. Using SONECT: • local shops wil... l not only have less cash to manage at the end of the day but also earn a commission & attract new customers by offering a new service and having access to an additional marketing channel • individuals can avoid an extra trip to the ATM and withdraw money without fees at the click of a button – wherever they are: in a restaurant, a bar, their favorite local shop, … • banks can reduce ATM operation costs & complement their ATM network – or even enter new markets without investing significant capital. On top of that, they can leverage a new revenue channel and get closer to their customers.
SONECT
Industry:
Banking Finance Financial Services FinTech Mobile Apps Mobile Payments Payments
Founded:
2016-08-01
Address:
Zürich, Zurich, Switzerland
Country:
Switzerland
Website Url:
http://www.sonect.net
Total Employee:
11+
Status:
Active
Contact:
+41 76 778 57 55
Email Addresses:
[email protected]
Total Funding:
15.91 M USD
Technology used in webpage:
3 To 9 CcTLD Redirects
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Current Advisors List
Current Employees Featured
Founder
Investors List
Italian Angels for Growth
Italian Angels for Growth investment in Series A - Sonect
SixThirty
SixThirty investment in Series A - Sonect
Loomis
Loomis investment in Series A - Sonect
AC Ventures
AC Ventures investment in Series A - Sonect
FIS
FIS investment in Series A - Sonect
Finnovista
Finnovista investment in Venture Round - Sonect
Kinled Holding
Kinled Holding investment in Venture Round - Sonect
SixThirty
SixThirty investment in Convertible Note - Sonect
Loomis
Loomis investment in Convertible Note - Sonect
The FIS FinTech Accelerator in Partnership with The Venture Center
The FIS FinTech Accelerator in Partnership with The Venture Center investment in Non Equity Assistance - Sonect
Newest Events participated
Participated in F10 FinTech Incubator & Accelerator's Program Demo Day
on 2021-12-02 as contestant
Participated in Finance 2.0 2019
on 2019-05-28 as speaker
Participated in World Innovations Forum Lucerne Switzerland
on 2018-06-06 as contestant
Participated in Money20/20 Europe 2018
on 2018-06-04 as exhibitor
Official Site Inspections
http://www.sonect.net Semrush global rank: 1.6 M Semrush visits lastest month: 15.85 K
- Host name: 104.26.4.191
- IP address: 104.26.4.191
- Location: United States
- Latitude: 37.751
- Longitude: -97.822
- Timezone: America/Chicago
