soCash

Banks have now rolled out more digital solutions for both businesses and consumers.

Over the last five years, Hari Sivan and his team have turned convenience stalls in HDB heartlands into “human ATMs”. People enter clutching their phones and exchange a few words with cashiers before leaving with pieces of red $10 or blue $50 notes tu

Government and banks team up to bring financial services to migrant workers

SINGAPORE (July 22): soCash, the Singapore-headquartered fintech startup, announced that it has raised US$6 million ($8.2 million) in its series B funding round.

SINGAPORE (19 June): POSB, DBS and Standard Chartered bank customers may now withdraw cash from their accounts at all 7-Eleven stores in Singapore via the soCash app, without the need for an ATM card or PIN code.

SINGAPORE (Nov 15): Two Singapore-based fintech companies – Silent8 and SoCash – have been named among the top 50 most promising fintech companies in the world.

Hari Sivan is a former banker who founded a cash withdrawal company. He thinks we are not going cashless anytime soon.