SONECT

📍 Zurich, Switzerland🗓 Founded 2016👥 34 employees💰 Last funded Oct 2023
IT Services and IT Consulting🌐 sonect.net
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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/
6
Total investors
2
Early stage
3
Mid stage
1
Late stage
2016
Founded

Investors

6 investors
All
Early stage
Mid stage
Late stage
Investor geography4 countries
Switzerland
3
Sweden
1
Germany
1
Italy
1
Investor activity2017–2023 · investors recorded per year
20172201912021220231
Recent (last 2y)Earlier
Frequently asked questions
Who invested in SONECT?
SONECT has 6 investors on record on gritt.io, including 2 early-stage backers, 3 mid-stage and 1 late-stage investors.
When did SONECT last raise funding?
The most recent investment in SONECT recorded on gritt.io was in October 2023.
When was SONECT founded?
SONECT was founded in 2016.
What industry is SONECT in?
SONECT operates in IT Services and IT Consulting. Find similar IT Services and IT Consulting investors on gritt.io.
Where is SONECT based?
SONECT is headquartered in Zurich, Switzerland.