How we are regulated in each jurisdiction
Europe
Sokin is a trading name of Plata Capital Ltd. Registered Office: 1 Bedford Row, London, WC1R 4BU Registered Number 10958599. Registered in England and Wales.
Sokin is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act – for more information please see this link.
United Kingdom
Sokin is a trading name of Plata Capital Ltd. Registered Office: 1 Bedford Row, London, WC1R 4BU Registered Number 10958599. Registered in England and Wales.
Sokin is a distributor of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011 – for more information please see this link.
United States
Plata Capital USA Inc. trading as Sokin with Registered Office: 8 The Green, Suite B, Dover, Delaware 19901, is registered with the Financial Crimes Enforcement Network Department of the Treasury (FinCEN) as a Money Service Business (MSB) with registration number 31000186536142.
Canada
Sokin is a trading name of Plata Capital Ltd. Registered Office: 1 Bedford Row, London, WC1R 4BU Registered Number 10958599. Registered in England and Wales.
Sokin provides services via Plata Capital Canada Inc, registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Service Business (MSB) with registration number M19963277. Registered Address 333 Bay Street, Suite 2400 Toronto ON M5H 2T6.Please refer to www.sokin.com for further information regarding how services are provided.
Australia
Sokin is a trading name of Plata Capital Australia PTY Ltd, ABN 15 635 563 941 who holds AFSL 536975. Any information provided on this website is for general information purposes only and does not take into account your objectives, financial situation or needs. You should consider the appropriateness of the information in light of your own objectives, financial situation or needs.
Singapore
Pending local licensing and regulatory approval.
India
Services in India are provided via Plata Capital India Private Ltd, trading as Sokin, and powered by NSDL PAYMENTS BANK Limited , a banking company incorporated under the Companies Act, 2013 and operating as a Payments Bank licenced by RBI under the Banking Regulation Act,1949 and having its registered office at 4th Floor, ‘A’ Wing, Trade World, Kamala Mills, Senapati Bapat Marg, Lower Parel, Mumbai 400 013.
Brazil
Services in Brazil are provided via Plata Capital Brazil Meios De Pagamento Ltda, trading as Sokin. Sokin Prepaid Mastercard is issued by SWAP Meios De Pagamento S.A under licence from Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
Mexico
Pending local licensing and regulatory approval.