# Sokin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sokin

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.sokin.com/
- Total disclosed funding: $50M
- Latest round: Series B (Oct 1, 2025)
- Investors on record: 5

## About

Based in London, UK, and founded in 2019 by Chief Executive Officer Vroon Modgill, Plata Capital Ltd. trading under the name Sokin operates as a financial services company focused on providing international payment solutions. Sokin raised USD 100 million in venture debt financing from new investor Oxford Finance

Sokin provides a variety of payment solutions for global transactions for businesses. The company’s offerings include multi-currency accounts, which allow clients to hold and manage over 75 currencies through a single multi-currency IBAN account, simplifying international payments and currency exchange. The platform is designed to support businesses of all sizes, managing receivables, payouts, and bulk payments through its dashboard. Additionally, the firm provides services include access to wholesale exchange rates, transparent pricing, and no hidden fees. As of 2024, the company services various industries, including e-commerce, retail, and service sectors, with a presence in over 200 countries worldwide. 

The company generates revenue by charging for online payments globally and prices differ for various countries such as UK, Europe, US, Canada, UAE, and many more. 

The company will use the January 2026 funding to expand operations across North America, Asia, the Middle East, and South America.

## Funding rounds

- Series B, Oct 1, 2025, $50M — Morgan Stanley Expansion Capital, May Capital, Prysm Capital, Aurum Partners, Watershed

## Investors

- Morgan Stanley Expansion Capital (https://capitalatlas.ai/funds/morgan-stanley-expansion-capital) — Series B
- May Capital (https://capitalatlas.ai/funds/may-capital) — Series B
- Prysm Capital (https://capitalatlas.ai/funds/prysm-capital) — Series B
- Aurum Partners (https://capitalatlas.ai/funds/aurum-partners) — Series B
- Watershed (https://capitalatlas.ai/funds/watershed) — Series B