Sonect - the ATM on your smartphone
Sonect is a location based match making platform that connects those who want to withdraw cash with those who want to deposit cash - typically, a local shop owner. We do this by converting every shop into a “virtual” ATM - as a virtual ATM any shop can pay out cash to their customers via our app solution. Sonect is now the largest cash withdrawal network in Switzerland and plans its European expansion for the immediate future. Our solution democratizes the process of cash distribution so that a significant portion of the value chain can be eliminated in order to make the process faster, cheaper and safer. Or put differently: What UBER is to Taxis, AirBnB is to Hotels, Sonect is to ATMs.