When was Sokin founded?

Sokin was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Sokin located?

Sokin is headquartered in London, United Kingdom.

Which legal entities is Sokin associated with?

Sokin is associated with PLATA CAPITAL LIMITED.

How many employees does Sokin have?

As of Sep 30, 2026, the latest employee count at Sokin is 302.

Is Sokin a funded company?

Sokin is a funded company, having raised a total of $81M across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Feb 25, 2021.

How much is Sokin worth?

The latest valuation of Sokin is $***** as of Dec 01, 2025.

When was the latest funding round of Sokin?

Sokin's latest funding was a $***** Conventional Debt round on Jan 28, 2026, with participation from 1 investor.

What is the annual revenue of Sokin?

Annual revenue of Sokin is between £10M and £50M as on Dec 31, 2025

Where does Sokin rank among its competitors?

Sokin ranks 76th amongst 3936 active competitors, of which 362 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Sokin?

Sokin's top competitors include Remitly, Payoneer and Flutterwave. Among them, Flutterwave secured the most recent funding round in July, 2026.

Sokin - 2026 Company Profile, Funding, Competitors & Financials

Company Details

App-based payment cards for Forex. It offers an NFC-enabled prepaid card that enables users to exchange multiple currencies and perform global payments. It features IBAN accounts, virtual wallets, and more. The application is available on Android and iOS platforms. The application is available on Android and iOS platforms.

Website: sokin.com
Social
Email ID: *****@sokin.net

Key Metrics

Founded Year

2019

Location

London, United Kingdom

Stage

Series B

Total Funding

$81M in 5 rounds

Latest Funding Round

Conventional Debt, Jan 28, 2026, $*****

Post Money Valuation

$***** as on Dec 01, 2025

Investors

Morgan Stanley & 12 more

Ranked

76^th among 3936 active competitors

Annual Revenue

£10M - £50M as on Dec 31, 2025

Employee Count

302 as on Sep 30, 2026

Investment & Acquisitions

Settle

Similar Companies

Payoneer & 655 more

View Sokin's full profile

Sokin is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
PLATA CAPITAL LIMITED CIN: 10958599 , United Kingdom, Active	Sep 11, 2017	£10M - £50M (As on Dec 31, 2025)	20 (As on Dec 31, 2024)

Sokin has raised a total funding of $81M over 5 rounds. Its first funding round was on Feb 25, 2021. Its latest funding round was a Conventional Debt round on Jan 28, 2026 for $*****. 1 investor participated in its latest round. Sokin has 9 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Sokin:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 28, 2026	7333717	Conventional Debt	3242112	6086675	8237621	9327204
Dec 01, 2025	3600930	Series B	2443275	6009325	4139648	Morgan Stanley & 5 more
Jan 30, 2025	2781987	Conventional Debt	9304852	6192463	9873803	BlackRock

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View details of Sokin's funding rounds and investors

Sokin's employee count trend

Sokin has 302 employees as of Sep 26. Here is Sokin's employee count trend over the years:

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Top competitors of Sokin include Remitly, Payoneer and Flutterwave. Here is the list of Top 10 competitors of Sokin, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Remitly 2011, Seattle (United States), Public	Provider of international money transfer services with multiple delivery options	$436M	Generation Investment Management, PayU & 39 others	84/100
2nd	Payoneer 2005, New York City (United States), Acquired	Provider of cross-border payment solutions for freelancers, businesses, and marketplaces	$269M	TCV, Wellington & 23 others	84/100
3rd	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
4th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
5th	Ebury 2009, London (United Kingdom), Acquired	Provider of global payment solutions, currency risk management, and business lending	$374M	Vitruvian Partners, 83NORTH & 17 others	79/100
6th	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	79/100
7th	Wise 2011, Shoreditch (United Kingdom), Public	Provider of international money transfer and multi-currency	$397M	Valar Ventures, Baillie Gifford & 106 others	78/100
8th	Venmo 2009, New York City (United States), Acquired	Provider of a platform for sending and receiving payments between users	$1.3M	RRE Ventures, Lerer Hippeau & 8 others	76/100
9th	Thunes 2016, Singapore (Singapore), Series D	Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions	$362M	Marshall Wace, Vitruvian Partners & 19 others	73/100
10th	Tipalti 2010, Foster City (United States), Series F	Cloud-based procurement and invoice management solutions for businesses	$553M	Zeev Ventures, Durable Capital Partners & 24 others	73/100
76th	Sokin 2019, London (United Kingdom), Series B	App-based payment cards for Forex	$81M	Deep Lake Capital, Morgan Stanley & 11 others	64/100