Fundz

Sokin raises $50M in Series B funding led by Prysm Capital for global expansion and product capabilities.

PRIVATEDec 01, 2025

Amount Raised

$50 Million

Round Type

Series B

LondonFinancial ServicesPaymentsFinanceFintech

Investors

Watershed VenturesMorgan Stanley Expansion CapitalAurum PartnersGary MarinoMark BrittoPrysm Capital

Description

Sokin has secured $50 million in Series B funding to accelerate its global expansion and product capabilities. The funding round was led by Prysm Capital and joined by Watershed Ventures, along with participation from Morgan Stanley Expansion Capital and other investors. Following this round, Sokin's valuation has increased to $300 million, driven by a 100% year-on-year revenue growth. This capital will enable Sokin to enhance its comprehensive financial infrastructure for global business payments.

Quick answer

Sokin raised $50 Million in a Series B round, dated December 1, 2025. Investors: Watershed Ventures, Morgan Stanley Expansion Capital, Aurum Partners, Gary Marino, Mark Britto and Prysm Capital. Sokin is based in London, England, United Kingdom.

How much did Sokin raise?
Sokin raised $50 Million in a Series B round on December 1, 2025.
Who invested in Sokin?
Watershed Ventures, Morgan Stanley Expansion Capital, Aurum Partners, Gary Marino, Mark Britto and Prysm Capital are named as investors in this round.
What does Sokin do?
Sokin is a UK-headquartered global payments Neobank founded in 2019 with a vision to remove the borders, barriers, and burdens associated with international payments.
Where is Sokin based and how big is it?
Sokin is based in London, England, United Kingdom. Fundz records about 158 employees.
Who are the decision-makers at Sokin?
Fundz holds 3 contacts at Sokin, including the Head of Partnerships - Payments. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Sokin that raised within 45 days of this round, from Fundz verified event records.

  • Obita raised $30M (Seed) on January 12, 2026.
  • Tonik raised $12M (Series C) on December 4, 2025.
  • Higala raised $4M (Seed) on November 25, 2025.
  • GBank Financial Holdings raised $11M on January 14, 2026.
  • Rain raised $250M (Series C) on January 9, 2026.
  • PhotonPay raised $10M (Series B) on January 9, 2026.

Who to call at Sokin, and when

A new round usually means Sokin is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sokin raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sokin, from your own LinkedIn network

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Company Information

Company

Sokin

Location

London, England, United Kingdom

About

Sokin is a UK-headquartered global payments Neobank founded in 2019 with a vision to remove the borders, barriers, and burdens associated with international payments. It enables global businesses to transfer, hold and exchange over 100 currencies with its multi-currency IBAN and local currency accounts through a comprehensive platform. Sokin supports businesses across various verticals, from freight and logistics to Premier League football clubs, providing speed, efficiency, and transparency in managing global payments and financials.

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Fundz sees it the moment Sokin raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsJames P., Head of Partnerships - Payments hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Sokin raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.