CashTech : Singapore’s soCash raises $6 million for regional expansion
Guillaume Lepecq
July 25, 2019
SoCash, a Singaporean startup that turns shops into virtual bank branches, via a mobile app, has raised $6 million in funding, led by cash automation company Glory, with the participation of venture capital funds.
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Guillaume Lepecq and Ron Delnevo
July 24, 2019
For the first time, some researchers are claiming that the number of installed ATMs may have marginally declined worldwide, with key markets such as China, the USA, Japan, Brazil and India experiencing a lag in growth. However, in no way is this correlated to a decline in cash demand. The decline seems to be limited to a few major markets and could well be due to structural factors.
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