Sokin and Arsenal announce money transfer partnership

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Lucy Ingham
Lucy Ingham
Head of Content
Lucy is Head of Content at FXC Intelligence, overseeing all content and taking deep dives into the trends and data driving changes in payments. Before joining FXC Intelligence, Lucy worked as a… Read more
  • Sokin, a provider of next-generation global payments, has announced that it will pair up with London-based Arsenal Football Club.
  • Sokin, which is believed to be unique in that it offers global payments for a fixed monthly fee, will now become the official money transfer partner of Arsenal.
  • “We are excited to support Sokin on this incredible journey and look forward to helping them achieve their ambitious international growth plans,” said an Arsenal spokesperson.

Sokin, a provider of online money transfers, has confirmed that it will partner with Arsenal Football Club.

The company, which offers next-generation international payments, has been made the official money transfer partner of the North London-based club.

Sokin is notable in the sector for claiming to be the only payments company to offer international payments for a fixed monthly price.

This gives customers the chance to place as many payments as they want.

At present, Sokin provides currency exchange options in nearly 40 currencies to more than 200 nations around the world.

In a statement, Arsenal’s chief commercial officer said that he had found Sokin’s growth in the last couple of years “impressive”.

Peter Silverstone said that he considered Sokin to be a “forward-thinking” organisation and partner.

“It has been impressive to see Sokin’s growth since they were founded in 2019 and I am delighted to welcome such a forward-thinking partner to the club,” he explained.

“Sokin’s determination to improve people’s lives through tech innovation will drive the success of this partnership as we introduce Sokin and the benefits of fairer and simpler ways of transferring money to our hundreds of millions of fans and followers worldwide.”

He also said that the company was pleased to be helping Sokin continue its journey forward.

“We are excited to support Sokin on this incredible journey and look forward to helping them achieve their ambitious international growth plans,” he said.

Sokin’s chief executive officer Vroon Modgill said that the company was looking forward to the partnership getting underway.

“All of us at Sokin are thrilled to partner with a globally-recognised and much-loved club like Arsenal,” he said. 

He added that the firm was committed to improving access and reducing discrimination-related hurdles.

“Greater access, inclusivity and non-discrimination sits at the heart of Sokin, and many of the club’s core values mirrored our own, as a business focused on using tech innovation to help improve the lives of those around us,” he explained.

“We look forward to seeing the Sokin name appear around Emirates Stadium as we welcome the new era of global payments together.”

Sokin is just one of many companies that are working hard to improve the international money transfer sector – find out more about what the other firms are doing over at our reviews pages.


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