Vroon Modgill

Vroon Modgill is the British Indian founder and CEO of Sokin, a global business payments platform he built to make cross-border money movement transparent and affordable, drawing on his experience as a son of first-generation Indian immigrants and senior fintech and banking career.
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Vroon Modgill is a British Indian entrepreneur and the founder and CEO of Sokin, a London-based global business payments platform. Born in the United Kingdom to first-generation Indian immigrant parents, his approach to entrepreneurship has been shaped by his personal experience of how fragmented, expensive, and opaque the global financial system can be for those navigating life across borders. Watching his father struggle for years with the cost and complexity of sending money back to India became the founding motivation for Sokin.

Before launching Sokin in 2019, Modgill built a career spanning senior financial and operational roles across fintech, banking, and capital markets. He served as Finance Director at Borro, a luxury asset lending company, and as Senior Financial Controller at BLME (Bank of London and the Middle East), developing expertise in financial control, capital management, and compliance. From 2017 to 2019, he served as both North America CEO and Global CFO at a cryptocurrency payments company, gaining early exposure to blockchain-based financial infrastructure at a time when few financial institutions were taking it seriously.

Sokin was founded with a straightforward commercial insight: the subscription model that had transformed how consumers buy music, film, and software had never been applied to global payments. Modgill built a platform where businesses pay a fixed monthly fee for unlimited cross-border transfers rather than absorbing variable per-transaction costs and opaque FX spreads. Over six years, the company has acquired licences across the UK, Europe, the US, Canada, Australia, and India, and built the banking partnerships needed to support transfers in more than 70 currencies across over 170 countries.

In December 2025, Sokin raised £38 million in a Series B led by Prysm Capital — with Morgan Stanley Expansion Capital, Watershed Ventures, and Aurum Partners participating — pushing its valuation to $300 million. A £70 million debt facility from Oxford Finance followed in January 2026, funding regulated expansion across Asia, the Middle East, and South America. Modgill's mission remains the same as it was when he founded Sokin: to ensure that businesses everywhere can move money globally without paying a premium for the privilege.

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