Latest news: Morgan Stanley Expansion Capital invests in Sokin to accelerate growth. Read more here
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Our mission is to lower the friction and price of moving money around the world, for you and your business.
Sokin was born in a world of hidden costs, complicated fee structures and slow transactions. We were created to democratise access to great wholesale exchange rates, provide more payment corridors and simplify cross-border transactions.
Our promise – We will reduce the barriers for individuals and companies alike to move money around the world at ease and with speed, without the fear of unknown costs.
Our drive to reduce the cost of global transfers
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Cheaper on consumer payments
Based on the average digital remittance cost when sending USD200 using the free Sokin basic account. Data sourced from the World Bank: Remittance prices worldwide, Q1 2021, quarterly report.
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Currencies launched to businesses
Utilise 75 currencies, sending across 200 countries* and counting. We’re using the latest technology alongside some awesome global partners to bring you full global coverage.
A new era for global payments
"We've built a system that delivers on the Sokin promise - to reduce the barriers for individuals and companies alike to move money around the world at ease and with speed. But, we're not finished here.
We're increasing our coverage to support not only existing clients but to help those in jurisdictions that don't benefit from sophisticated banking structures.
Furthermore, we're committed to providing more advanced features to consumers and businesses to simplify not only cross-border payments but the holding of multiple currencies. "
Vroon Modgill
CEO