Sokin amplifies funding to accelerate payments expansion
London-based fintech firm Sokin has secured an additional €83 million in fresh capital to fuel the growth of its global payments platform. The new funding follows nearly €60 million raised in 2025, underscoring strong investor confidence in the company’s subscription-based approach to cross-border money transfers.
Sokin operates a digital payments platform designed to simplify and reduce the cost of international transfers. Instead of traditional fee-per-transaction models, the company offers a flat-fee subscription, aiming to give consumers and businesses more predictable pricing for global payments.
Focus on global reach and product innovation
The newly raised €83 million will be directed toward expanding Sokin’s international footprint, strengthening its technology stack, and accelerating product development. Key priorities include enhancing its mobile app experience, integrating with additional banking and wallet partners, and improving the speed and transparency of cross-border transfers.
By investing heavily in payments infrastructure and regulatory compliance, Sokin aims to position itself as a credible alternative to incumbent banks and legacy remittance providers. The company is expected to channel part of the capital into building out local teams in strategic markets and tailoring its services to regional regulatory requirements.
Riding the wave of digital payments growth
The funding comes at a time when global demand for low-cost, digital-first cross-border payments is surging. Consumers, freelancers, and SMEs increasingly seek transparent pricing, real-time transfers, and seamless mobile experiences. This trend has intensified competition among fintech players, pushing platforms like Sokin to innovate on both user experience and underlying payments technology.
With this latest capital injection, Sokin is better positioned to scale its platform, deepen its presence in key corridors, and compete with established global payment brands. The company’s expanding war chest signals continued investor belief that subscription-led models can reshape how money moves across borders.