Manchester United agree Sokin payments deal
Manchester United have signed a multi-year global partnership with UK-headquartered fintech company Sokin.
The deal sees Sokin become the club’s official global business payment solutions partner.
As part of the agreement, Sokin will provide Manchester United with its global business payments platform to power the club’s international business-to-business transactions, enhancing its global operations.
The payments company, which is backed by Morgan Stanley Expansion Capital and BlackRock, leverages AI to generate efficiencies across its platform.
Sokin has previous experience in the sports industry, having partnered with a range of top European football clubs and the British & Irish Lions.
Marc Armstrong, Chief Business Officer at Manchester United, said, “We are delighted to welcome Sokin to the Manchester United family. Their global business payments infrastructure and forward-thinking approach align perfectly with our commitment to delivering best-in-class services and experiences to our fans and partners across the world.”
Vroon Modgill, chief executive officer of Sokin, said, “Partnering with Manchester United, one of the most iconic teams in global sport, represents a pivotal moment for Sokin and demonstrates the scale we’ve achieved as a business.
“This partnership perfectly embodies our mission to break down the barriers to global commerce – there’s no better partner than a club that defines what it means to be truly global.”
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