Fintech soCash expands network with Sheng Siong, Prime partnership

Customers will be able to withdraw cash from 82 supermarket branches across Singapore.

Singapore-headquartered cash withdrawal fintech soCash has partnered with Sheng Siong and Prime supermarket that will see users of the fintech’s digital cash circulation platform be able to withdraw cash from around 82 supermarket branches across Singapore, according to a press release.

The partnership will enable soCash users to withdraw cash through a first-of-its-kind cash machine at Prime supermarket branches in the country, providing greater convenience for shoppers.

Also Read: How fintech startup soCash breaks the cashless mold

In collaboration with Sheng Siong, users can now withdraw cash from the supermarket’s 62 branches nationwide. To withdraw cash in any of Sheng Siong’s branches, users can place an order via the soCash app and select a nearby outlet to collect the cash from.

The collaboration will see soCash’s digital cash circulation platform increase to more than 1,500 touchpoints across the island.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Private fund tokens may be the future of investing
Kinexys seeks to keep a token’s sensitive financial information from prying eyes.
More tax perks could drive Philippine SMEs to go ‘green’
The Southeast Asian nation’s 1.1 million small businesses can be a target for green loans. 
Asia struggles with G20 payment targets
The ultimate goal is for cross-border payments to achieve “the speed of the internet.”