Sokin news and trends

Startups Opt for Fixed-Price Payments to Bank MENA’s Unbanked
Financial Inclusion // June 08, 2022

In the last couple of decades, consumers’ preferences for cross-border payments have been shifting, and more and more people are demanding convenience, speed, security, and above all, value for money, said Kaushik Sthankiya, chief commercial officer of subscription-based global payments provider Sokin. But compared to...

Today in the Connected Economy: Mastercard, Sokin to Help Migrant Workers
Connected Economy // May 23, 2022

Today in the connected economy, Mastercard and currency account provider Sokin team up to offer banking alternatives to 578 million people in the Middle East and North Africa (MENA). Sokin, Mastercard Expand Digital Banking Partnership Across MENA United Kingdom-based global currency account provider Sokin has...

EMEA Daily: Ted Baker Getting Closer to a Buyer
emea // May 23, 2022

In today’s top stories from Europe, the Middle East and Africa, British fashion retailer Ted Baker says it has narrowed down the possibilities for a potential buyer. Also, Egyptian used car marketplace Sylndr raises $12.6 million, while British global currency provider Sokin expands its partnership...

Sokin, Mastercard Expand Digital Banking Partnership Across MENA
emea // May 23, 2022

United Kingdom-based global currency account provider Sokin announced an expanded partnership with Mastercard to offer consumers in almost 40 new markets across the Middle East and Africa more transparency through fixed-price payment services. As part of the partnership, Sokin will “leverage Mastercard’s trusted and secure...

Interviews & Exclusives
Startups Opt for Fixed-Price Payments to Bank MENA’s Unbanked

June 08, 2022
In the last couple of decades, consumers’ preferences for cross-border payments have been shifting, and more and more people are demanding convenience, speed, security, and above all, value for money, said Kaushik Sthankiya, chief commercial officer of subscription-based global payments provider Sokin. But compared to the rapid growth in innovative payment and remittance solutions for […]

Quick Reads
Morgan Stanley Buys Stake in UK Payments Firm Sokin

July 24, 2024
British payments firm Sokin is planning to expand following an investment by Morgan Stanley. Investment funds managed by the banking giant had purchased a stake in Sokin, the company announced Wednesday (July 24), designed to speed its expansion. “Sokin was founded in 2019 with a simple vision to remove the borders, barriers, and burdens associated […]

Sokin, Mastercard Expand Digital Banking Partnership Across MENA

May 23, 2022
United Kingdom-based global currency account provider Sokin announced an expanded partnership with Mastercard to offer consumers in almost 40 new markets across the Middle East and Africa more transparency through...

Sokin Launching eCommerce Metaverse World

February 17, 2022
United Kingdom-based global currency account provider Sokin will soon debut an eCommerce world in the metaverse, allowing brands and businesses to grow from its brick-and-mortar locations into the virtual world,...