SoCash addresses cash logistic issues for banks by adding a peer to peer and social element. Every shop is transformed into a scalable digital, cash distribution network where users can utilise the shared economy to improve cash circulations. SoCash bridges the gap between the bank and customer using a mobile app as customers have the fexibility to safely access their cash regardless of the time or location
Nium allotted 7,440 ordinary shares — priced at $1,680.07 apiece — worth $12.5 million to an SPV owned by SOCASH shareholders.
International platform for modern money movement, Nium today announced the expansion of real-time payment services in Malaysia.
Digital payments startup Nium is in discussions to make a $400 million acquisition to help it expand across Europe, Co-Founder and CEO Prajit Nanu said.
Nium acquires the Singapore-based alternative payments network Socash to unlock digital commerce payment acceptance across Asia’s emerging markets. The payment and card issuance provider has …
Money transfer player Nium has entered a deal to acquire Socash, a platform for turning cash into digital payments.
Nium, the global platform for modern money movement, today announced a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform.
The acquisition is expected to close in Q3 2022, subject to customary regulatory conditions.
This Tuesday’s The Fintech Times Bi-Weekly News Roundup brings you the latest appointments, partnerships and funding rounds. Job moves SmartStream Technologies announced the appointment of …
International platform for modern money movement, Nium confirmed today that the company has signed a definitive agreement to acquire Socash.