Socash

SoCash was a Singapore-based fintech company that built an alternative payments network allowing consumers to withdraw cash from participating retail shops, cafes, and grocery stores instead of traditional ATMs. Its platform turned everyday merchants into digital ATMs by enabling QR-code-based cash withdrawals, eliminating the need for bank cards or PINs. SoCash partnered with major banks and financial institutions to extend their cash distribution networks and offered business payment solutions, cash management services, and customer onboarding tools. The company was acquired by Nium in April 2022 to add local cash acceptance capabilities to Nium's global money movement platform.