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News

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What is Sonect? How does Sonect work?
SONECT converts every shop into a “virtual ATM” – reducing cost of cash distribution for banks and easing up in store cash management for merchants via a location based on-demand service that allows its users to withdraw cash everywhere using smartphone.
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The light bulb moment: How the idea of Sonect came up
Bern, 2015 - It's winter in the de facto capital of Switzerland. On a Friday night, IT Project Manager Sandipan Chakraborty finally arrives at home, after an exhausting day at work. He is welcomed by his wife and while he takes off his jacket, she asks him: ''Sandipan, did you remember to withdraw cash? You know we have to pay our babysitter.'' Of course - he forgot.
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Fabio's erste Arbeitswoche im Startup-Gewässer #SonectTeam
Fintech, Innovation, Startup und Entrepreneurship - diese Begriffe verbreiten sich wie Gewässer um die ganze Welt. Doch was steckt genau dahinter? Meiner Ansicht nach sind diese Begriffe genauso unentdeckt und unberechenbar wie die hohe See. Mit dieser Einstellung begann ich meine erste Woche bei Sonect. Rückblickend hat sich das bestätigt und so erlebte ich eine interessante, abwechslungsreiche und vor allem herausfordernde Woche.
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Loomis and Sonect announce global partnership
Loomis and Sonect AG (“Sonect”) have reached an agreement to enter into a partnership. The partnership is very much in line with Loomis strategy to offer advanced digital solutions to customers and build a bridge between physical and digital payments. Sonect will be able to build on Loomis existing customer base and know how in cash management to make cash available for consumers in many more locations than today. Sonect’s digital solution fits very well into Loomis existing service offerings such as CIT, CMS and SafePoint.
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SONECT secures victory in the 2018 Innovation Jam Final
SONECT and Belleron were announced as the winners of this years final. Each fintech company was given seven minutes to demonstrate their solution live on stage. The winners faced strong competition from eight other fintech companies with diverse solutions ranging from frictionless secure authentication, smart regtech and blockchain to (spurred by the GDPR) privacy by design.
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