Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Key facts
Counted staff
13
self-reported band not used
Founded
2016
10 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
None on record
Company type
Privately Held
self-reported
Description
SOCASH creates the next-gen distribution for Digital banks and payment platforms.
Banks need channels and distribution - to acquire customers , sell products, process payments & deliver services, but the current infrastructure is capital intensive and inefficient. On the other spectrum is the neighbouhood retailer with idle capacity. SOCASH connects these shops and offers a highly scalable and responsive network of retailers, delivering the spectrum of cash management, payment solutions and financial services. This is achieved by blending retail networks, payment solutions and banks with SOCASH platform
The platform offers business payment solutions, solves cash management and enables customer onboarding via its ever growing network of retailers. The platform drives convergence of payments with cash and takes banking to where customers are.
We are among fast growing fintech, HQ'd Singapore and expanding our markets across Asia and beyond. As Asia drives up consumption , the next billion are demanding ever increasing access to financial services, which the current network of ATMs and Branches are unable to deliver.
With over 20,000 shops on our network and working across Asia, we are working towards a future where banking is delivered on an ubiquitous scale embedded in the community in a cost effective manner.
The platform has achieved global sales and is growing with the demand from Digital banking revolution. Generates recurring from platform licences, transaction fees and FX. Products have profitable unit economics. SME lending product in pipeline.
The company has raised USD 12.5M capital, most recently a USD 6 Million a strategic round from Glory Ltd (Japan), Standard Chartered and Vertex Ventures.
Locations
Country footprint
Show as table · Offices in 1 country
| Countries | 1 |
|---|---|
| Primary country | SG |
All codes: SG
Addresses
- SG30, Cecil Street , #19-01, Prudential Towers, Singapore; Singapore, Singapore 089109Primary
Grid intelligence Members
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
4 employee profiles on record · names withheld.
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FAQ
How many people work at SOCASH PTE LTD (Acquired by NIUM)?
13 counted staff profiles at January 2026. The brand's self-reported band sits above that count and is not published as a headcount.
Where does SOCASH PTE LTD (Acquired by NIUM) have offices?
One address on record, Singapore only. Primary: 30, Cecil Street, #19-01, Prudential Towers, Singapore 089109.
Has SOCASH PTE LTD (Acquired by NIUM) raised funding?
None linked to this brand.
What does SOCASH PTE LTD (Acquired by NIUM) list as its specialties?
Seven tags on the brand's own list, among them payments and fintech.
Which companies are listed alongside SOCASH PTE LTD (Acquired by NIUM)?
4 profiles list SOCASH PTE LTD (Acquired by NIUM) as a peer — 82nd percentile in Banking. It lists ten peers of its own. DataExpert Singapore lists it back.