Sokin: Funding, Investors & Team (Aug 2026)
Sokin is a worldwide financial service provider that allows individuals and businesses to make international payments and transfers at their convenience, regardless of their location. In 2021, Sokin introduced its consumer app, making it the first global payments platform to use a subscription model for international money transfers. Unlike other popular brands that charge a transaction fee ranging from 5% to 7%, Sokin's global multi-currency account allows customers to conduct transactions in over 38 different currencies without hidden fees. Sokin aims to provide a cost-effective alternative to the complex traditional international payments system, offering low-cost currency exchange rates for easy and transparent money transfers. Whether you need to send money home, manage international payments for your business, or engage in cross-border e-commerce, Sokin offers a solution for your needs with their Personal, Enterprise, and Pay services. Sokin promises global payments with a fixed fee, no commission, and a hassle-free experience.
Sokin has raised $80.9M across 2 funding rounds on record, the most recent a Series B of $50.0M announced in Dec 2025.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Sokin Company Profile and Key Stats
Latest funding round on record: Dec 2025.
Sokin Funding Rounds
Sokin raised $30.9M in an undisclosed round announced in Jul 2024.
1.4 years later, a Series B of $50.0M was announced in Dec 2025.
Sokin Founders and Leadership Team
Contact details for the Sokin team: 1 of 1 has an email address on file.
Start 14-day free trial →Sokin Funding Compared to Other Financial Services Startups
Sokin's latest round of $50.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Sokin Funding FAQs
What does Sokin do?
Sokin is a worldwide financial service provider that allows individuals and businesses to make international payments and transfers at their convenience, regardless of their location. In 2021, Sokin introduced its consumer app, making it the first global payments platform to use a subscription model for international money transfers. Unlike other popular brands that charge a transaction fee ranging from 5% to 7%, Sokin's global multi-currency account allows customers to conduct transactions in over 38 different currencies without hidden fees. Sokin aims to provide a cost-effective alternative to the complex traditional international payments system, offering low-cost currency exchange rates for easy and transparent money transfers. Whether you need to send money home, manage international payments for your business, or engage in cross-border e-commerce, Sokin offers a solution for your needs with their Personal, Enterprise, and Pay services. Sokin promises global payments with a fixed fee, no commission, and a hassle-free experience.
How much funding has Sokin raised?
Sokin has raised $80.9M across 2 rounds on record. The most recent is a Series B of $50.0M announced in Dec 2025.
When did Sokin last raise funding?
Sokin's most recent funding round on record is a Series B of $50.0M, announced in Dec 2025.
Who founded Sokin?
FundedIQ lists Vroon Modgill (Founder) at Sokin.
Where is Sokin headquartered?
Sokin is based in London, England, United Kingdom.
How many employees does Sokin have?
Sokin is in the 11-50 employee band.
How does Sokin's funding compare to other Financial Services startups?
Sokin's latest round of $50.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Sokin Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Sokin is left off this page rather than filled in.
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