SONECT, a pioneer in digital cash solutions and banking enablement, is pleased to announce its strategic plan to expand through a franchise model across the European Union and other international markets. As access to cash and digital banking become increasingly essential, SONECT’s model aims to connect more local businesses and communities by turning stores into safe and accessible cash points.
The company offers a win-win solution for local businesses, enabling retailers and non-financial organisations to offer cash withdrawals directly in-store or a selection of banking services. With this franchise approach, SONECT is set to take this unique model to new heights, aiming to meet the growing demand for convenient cash and banking solutions across the EU and globally.
“We see huge potential in expanding through a franchise network. It allows us to build an international community of local partners, each committed to improving the convenience and security of access to cash and banking services,” said Konstantinos Birtachas, CEO of SONECT. “With this model, we are empowering local entrepreneurs to help us foster innovation and drive economic growth. Our vision is to make our services universally available – anywhere, anytime.”
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SONECT can be connected to existing banking apps to allow bank users to withdraw cash directly from retailers and chain stores. Additionally, SONECT has a standalone app that allows people to send money anywhere in the world via Cashlinks and withdraw cash from partner endpoints.
The Switzerland-based company is seeking franchisees who are passionate about digital financial solutions, committed to customer service and willing to take part in this transformative journey. Franchisees will gain access to SONECT’s advanced platform, support resources and the opportunity to succeed in creating accessible cash points within their communities.
SONECT is a Swiss technology company and EMI known for leading the way in combining physical and digital cash access. Through the Sonect app, which can be downloaded from anywhere in Europe via the App Store or Google Play Store, users can locate nearby merchants offering cash withdrawals, turning local stores into cash access points. Currently operational in Switzerland and Italy, Sonect has ambitious plans for global expansion in the European Union and other countries.
SOURCE: PRNewswire