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Entity types
Location
Dufourstrasse 47, 8008 Zürich, Switzerland
Zürich
Switzerland
Employees
Scale: 11-50
Estimated: 20
Engaged corporates
13Added in Motherbase
6 years, 1 month agoSonect reduces today's cost of cash, while paving the way to a digital future.
SONECT CONNECTS PEOPLE
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.
❝We connect people who possess cash with people who need cash.❞
We are a team of payment industry experts, banking veterans, IT gurus, sales & marketing champions with a common mission: easy cash, everywhere by leveraging the power of sharing economy.
We follow three core principles:
Enabler ◄ Companion ► Community
☛ Enabler
Possessing cash means freedom. We believe that cash withdrawals should be available everywhere and to everybody. We constantly seek for new innovative ways to make our services easier and more flexible to our customers. In order to make life easier, we improve the way cash withdrawals work.
☛ Companion
As a Swiss company, we offer our services as reliable and professional as the banks in our country – but without the typical bank attitude: We focus on the use and feel of our customers and communicate as easy as possible. To our customers, we are a reliable, solid companion through their daily life that we understand our customers’ needs.
☛ Community
Cash usually means social interactions. Cash connects people. We want to bring people together and build a strong community. Our goal is to let people discover local stores and businesses and help them knowing their surroundings better.
🤝 Join our team and have an impact: https://www.sonect.net/jobs/
Fintech, VirtualATM, Mobile Payment, Payment, App Development, Financial Services, Mobile Wallet, and ATM
Corporate | Type | Tweets | Articles | |
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Financial Times Media, Newspaper Publishing | Financial Times Media, Newspaper Publishing | Other 26 Aug 2023 | | |
Money20/20 Events Services | Money20/20 Events Services | Other 30 Jun 2024 | | |
The LHoFT - Luxembourg House of Financial Technology Financial Services | The LHoFT - Luxembourg House of Financial Technology Financial Services | Other 24 May 2018 | | |
Credit Suisse Bank | Credit Suisse Bank | Other 1 Dec 2021 8 Sep 2022 | | |
Mastercard Finance, IT Services and IT Consulting | Mastercard Finance, IT Services and IT Consulting | Other 22 Oct 2022 | | |
Plug and Play Tech Center Startup accelerator & VC, Venture Capital and Private Equity Principals | Plug and Play Tech Center Startup accelerator & VC, Venture Capital and Private Equity Principals | Other 6 Dec 2022 | | |
Impact Hub Startup accelerator & VC, Civic and Social Organizations | Impact Hub Startup accelerator & VC, Civic and Social Organizations | Other 17 Sep 2018 | | |
STATION F Startup accelerator & VC, Software Development | STATION F Startup accelerator & VC, Software Development | Other 6 Dec 2022 | | |
SwissCognitive | AI Ventures, Advisory & Research Startup accelerator & VC, Technology, Information and Internet | SwissCognitive | AI Ventures, Advisory & Research Startup accelerator & VC, Technology, Information and Internet | Not capitalistic Not partnership Event 29 Nov 2019 | | |
Visa Finance, IT Services and IT Consulting | Visa Finance, IT Services and IT Consulting | Other 19 Jul 2019 22 Oct 2022 | | |