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.