Entity
  • SONECT

    Created in 2016
  • BETA

    Up & running (A)
    Existing signals show a regular activity
  • Social networks

    290 924 4,972
  • Activities

  • Technologies

  • Entity types

  • Location

    Dufourstrasse 47, 8008 Zürich, Switzerland

    Zürich

    Switzerland

  • Employees

    Scale: 11-50

    Estimated: 20

  • Engaged corporates

    13
    4 10
  • Added in Motherbase

    6 years, 2 months ago
Description
  • Value proposition

    Sonect 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 interactions BETA
Corporate TypeTweets Articles
Financial Times
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Media, Newspaper Publishing
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26 Aug 2023


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6 Dec 2022


Impact Hub
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17 Sep 2018


STATION F
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Startup accelerator & VC, Software Development
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6 Dec 2022


SwissCognitive | AI Ventures, Advisory & Research
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Not capitalistic
Not partnership
Event

29 Nov 2019


Visa
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Finance, IT Services and IT Consulting
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Finance, IT Services and IT Consulting
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19 Jul 2019

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