About Sochitel
Sochitel is a company based in London (United Kingdom) founded in 2007 was acquired by IDT in January 2022. The company has 15 employees. Sochitel offers products and services including Global Prepayments Platform, Mobile Top-Up Service, and Data Bundles and e-SIMs. Sochitel operates in a competitive market with competitors including Zeta, Tink, Banked, Yapily and TrueLayer, among others.
- Headquarter London, United Kingdom
- Employees 15
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website sochitel.com
- Social LinkedIn
- Acquired by IDT (Jan 2022)
- Legal Name Sochitel Uk Ltd
- Date of Incorporation 06 Jul, 2006
- Jurisdiction WEYBRIDGE, SURREY
- Annual Revenue$17.3 M (USD)38as on Dec 31, 2020
- Net Profit$11.77 K (USD)-93as on Dec 31, 2020
- InvestorsIDT Corporation
& 1 more
- Employee Count15
- Acquired by
Products & Services of Sochitel
Sochitel offers a comprehensive portfolio of products and services, including Global Prepayments Platform, Mobile Top-Up Service, and Data Bundles and e-SIMs.
Enables API-based access to digital products for financial services.
Facilitates mobile top-ups and data bundles for end users.
Provides digital vouchers and e-SIM offerings for partners.
Investors in Sochitel
Sochitel has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include IDT Corporation and MFS Africa.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Prepaid telephony, wholesale VoIP, and payments services are provided. | 1990 | idt.net | Newark, United States | |
Serves as a mobile money hub facilitating secure cross-border transfers for users worldwide. | 2009 | mfsafrica.com | Accra, Ghana |
Investor details for Sochitel
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Sochitel
10 people are tracked at Sochitel (5 in leadership, 5 in team); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
Shaun Maidment | Commercial Director SADC | Leadership |
Jerry Ejikeme | MD / CEO | Leadership |
Stephen Walters | Chief Strategy Officer | Leadership |
Roland Poyurs | Group Chief Financial Officer | Leadership |
Christopher Okoro, MBA | Chief Commercial Officer, Africa Sochitel UK | Leadership |
Francis Nwoboshi | Group CCO | Team |
Aderemi Damilola Adeleke MBA, FRC, ACA, AAT | Finance and Operations Analyst | Team |
Martina Ciani | Marketing & Brand Manager | Team |
Angelo Sassou HOMEVOR | Senior Business Development Professional - Francophone West Africa | Team |
Evelyn Mumbi | Business Development Manager | Team |
Complete people profiles for Sochitel
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Sochitel
3 dated milestones of Sochitel across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Sochitel is founded.
- Exit Acquired by MFS Africa.
- Exit Acquired by IDT.
Competitors of Sochitel
Sochitel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zeta, Tink, Banked, Yapily and TrueLayer, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zeta.tech | 2015 | San Ramon, United States | $390M | 1,278 | Payment and banking solutions are provided to users and banks. | |
| tink.com | 2012 | Stockholm, Sweden | $358.93M | – | Tink is recognized as a leading European open banking platform. | |
| banked.com | 2018 | London, United Kingdom | $39.85M | 25 | Open banking APIs for payments and data access are provided. | |
| yapily.com | 2017 | London, United Kingdom | $70.78M | 79 | Platform offering open banking API solutions for payment infrastructure to banks and businesses | |
| truelayer.com | 2016 | London, United Kingdom | $322.5M | – | Provider of open banking API solutions for payment institutions | |
| finastra.com | 2017 | London, United Kingdom | – | 1,890 | Financial software solutions for lending, payments, and banking are provided. | |
| weavr.io | 2018 | London, United Kingdom | $50.36M | 75 | SaaS-based financial software is provided for digital businesses. | |
| griffin.com | 2017 | London, United Kingdom | $67.01M | 63 | Embedded banking infrastructure and payment solutions are provided via APIs. | |
| omnio.global | 2017 | London, United Kingdom | $62.09M | 81 | Digital banking platforms are offered to financial institutions by Omnio. | |
| thisisbud.com | 2015 | London, United Kingdom | $102.54M | 86 | Bud Financial is focused on transforming transaction data into actionable insights for financial institutions. |
Detailed competitors of Sochitel
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Sochitel
The website of Sochitel (sochitel.com) receives about 20.3K visits a month.
- Monthly visits20.3K
▲ 188% vs previous month
Latest news on Sochitel
Complete news archive for Sochitel
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Sochitel
10 companies that operate in the same segment as Sochitel (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Sochitel
Sochitel was founded in 2007.
Sochitel is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Sochitel has 15 employees.
Annual revenue of Sochitel is $17.3M as on Dec 31, 2020.
Sochitel was founded in 2007 and is based in London, United Kingdom. Operations focus on the fintech sector, where API-based platforms enable the delivery of digital products and services to banks and financial institutions. Key offerings include airtime top-ups, e-vouchers, SMS services, sales and distribution solutions, the Sochitel E-POS electronic channel, as well as wholesale and bulk distribution capabilities.
Sochitel offers Global Prepayments Platform, Mobile Top-Up Service, and Data Bundles and e-SIMs.
Sochitel has 2 investors. Key investors include IDT Corporation, and MFS Africa.
Sochitel operates through Sochitel Uk Ltd.
Yes. Sochitel was acquired by IDT in January 2022.