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Sokin
Global business payments
- 21-100 employees
- Fintech
- B2C
- Payments
- Foreign exchange
- SaaS
- eCommerce
- Holborn, London, UK
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Company mission
To lower the friction and price of moving money around the world for businesses.
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Our take
Cross-border payments can lead to hidden costs, complicated fee structures and slow transaction times for companies operating across multiple countries. Sokin aims to remedy this through its fintech platform. Sokin enables businesses to transfer, hold and exchange money across 75 currencies. The ultimate mission of Sokin is to reduce the barriers to payments without inducing extra costs.
With high-profile backing from former footballer Rio Ferdinand, Sokin has steadily grown its customer base since its founding in 2019. With products focused on bulk payments, multi-currency and global accounts for businesses, it claims to be 51% cheaper on consumer payments based on average digital remittance costs. Clients include Fulham Football Club, part of the first wave of corporate customers the company has attracted.
Having achieved angel investment in 2021, Sokin has since partnered with Mastercard and has expanded globally. Here’s to hoping it can continue to navigate the complex compliance regulations in what has grown into a 200 nation-strong customer base.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- 28 day annual leave (plus 8 days bank holiday)
- 1 additional day's leave to celebrate your birthday
Leadership
Vroon Modgill
(CEO)Previously CEO and Global CFO at Cryptocurrency Payments Company, Finance Director at Borro, Senior Financial Controller at BLME and Financial Controller at JB Drax Honore.