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Fintech Sokin Introduces Subscription-based International Payments Service in the UK and Europe

Fintech Sokin Introduces Subscription-based International Payments Service in the UK and Europe
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Global financial technology provider partners with Everton FC

by Charlie Spargo Fintech innovator Sokin - providers of a new app enabling overseas transfers - has become Official Global Payments Partner of Everton FC. The Merseyside football club has signed up Sokin on a multi-year deal, which will also see the app support the club’s foreign exchange and payments needs through its platform. Sokin is headquartered in London with 10 offices worldwide, and was founded by Vroon Modgill in 2019. It offers unlimited global payments for both consumers and businesses for a fixed monthly fee. Alan McTavish, Commercial Director at Everton, said: “We are delighted to welcome Sokin on board as our newest Club partner and look forward to helping them promote their leading global payments offering to millions of our fans and followers around the world.

Everton sign partnership deal with Sokin

Everton sign partnership deal with Sokin Tuesday, 11 May, 2021 Everton have signed up fintech innovators Sokin as its Official Global Payments Partner, the club have announced. The multi-year agreement sees Sokin, a global currency account provider which has built a cutting-edge payments platform, further boost the Blues growing partnership portfolio. Sokin s partnership with Everton will see them strategically support the club s foreign exchange and payments needs through its international platform. Founded by Vroon Modgill in 2019, Sokin is the first payment provider to enable unlimited global payments for both consumers and businesses for a fixed monthly fee. Headquartered in London with 10 offices around the world, Sokin offers a quick and transparent subscriber platform that opens up global access to FX transfers and payments, allowing people and businesses to seamlessly move money in 38 currencies and 200 countries and territories

Rio Ferdinand invests in Spotify of overseas payments app Sokin : CityAM

Rio Ferdinand invests in Spotify of overseas payments app Sokin (Photo by Shaun Botterill/Getty Images,) Former England footballer Rio Ferdinand is dipping his toe into the fintech world investing in a new overseas payments app launching this summer.  He spoke to City A.M. about why the partnership with Sokin is in large part because of his experiences through childhood and what he’s learned about investment.  The ‘Spotify of payments’  Sokin, which launches this summer, offers a fixed-fee, subscription-based payment app for overseas transfers. Chief executive Vroon Modgill dubs it the “Spotify of overseas payments”.  Sokin will charge users £9.99 a month to send an unlimited number of payments abroad. “We don’t pay for every track we download or each film we stream, yet when we’re sending money or making a payment, we’re expected to accept unspecified and variable costs. Why? This has to change,” Modgill said. 

Sokin announces partnership with Mastercard in South Asia to expand fixed-price payments

Sokin announces partnership with Mastercard in South Asia to expand fixed-price payments
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