How they describe themselves: We create the path into a digital financial future – we do that by developing a global platform for cash transactions, which are easy to use and accessible for everyone, everywhere.
How they describe their product/innovation: Withdraw money at Shops like pharmacies, bakeries or coffee shops – getting cash was never easier and more convenient! Sign up with your bank account or use a credit card to load your wallet and withdraw money right where you need it!
How does it work?
- Find one of over 2,500 Sonect shops
- Request the amount
- The shop scans the barcode and confirms your transaction
- Take your cash and you are on your way!
Sonect, your cash wherever you are.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions