SOCASH builds digital cash circulation platform for banks. The goal is to convert every shop and individual into a ‘virtual ATM’ to build an intelligent network of micro cash processing centres. We use technology to de-construct the vintage supply chain of cash and generate efficiencies in liquidity management using machine learning. Our platform connects banks to retailers and enables circulation of cash beyond traditional ATMs and branches, using the power of mobile devices. We are building the O2O network for the banks embracing digital. We completely eliminate the need for cards, expensive ATM switches and inefficient cash logistics services. The network scales ubiquitously because we are not constrained by the availability of POS machines or related infrastructure. Benefits for banks include digitally scalable network without capital expenditure, significant savings in liquidity & operational costs. No bank wants to send its hard-earned customer to a competitor’s ATM!


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