Sokin

Move money with confidence. One platform for electronics distributors to send, receive and hold funds across multiple currencies. https://lnkd.in/gdCF3ApV

More suppliers, more currencies, more complexity. Sokin helps electronics distributors protect margins as they scale. https://lnkd.in/gdCF3ApV

FX costs can put pressure on your margins. Sokin gives electronics distributors the infrastructure to simplify supplier payments and protect margin. https://lnkd.in/gdCF3ApV

One global financial infrastructure to pay suppliers, manage FX and protect margins. Built for electronics distributors. https://lnkd.in/gdCF3ApV

AI can think. But can it act? Intelligence alone isn’t enough. The future of finance will be built by those who give AI the regulated infrastructure to move money in the real world. That’s the bet we made four years ago.

For the past few years, our focus has been on building. Today, we share the progress. Our Founder & CEO, Vroon Modgill, has published a letter laying out the scale of what we've built, our financial position, and where #Sokin is headed next. Some of the headline numbers: · Licensed across 36 countries, moving money across 170+ countries in 70+ currencies · 18 direct banking partnerships · $90 million Net Revenue at H1, tracking to exceed $120 million by December · More than 100% year-on-year growth, profitable and well capitalised But the number we're most proud of is the first one. That licence footprint is the moat. It's not something you can build with a large language model. It has to be earned, licence by licence, market by market. Every business betting on AI agents to run their finances is going to hit the same wall: an agent can decide to move money, but it still needs a licensed account, a bank willing to hold the funds, and a rail that settles them. That's the infrastructure Sokin owns, and it's why we believe the moat in the next era of finance will be what AI agents connect to. Read Vroon’s full letter here: https://lnkd.in/dt9qAvd4