About Sokjo
Sokjo is a company based in Barcelona (Spain) founded in 2020 by Elena Yorda, Elena Fuenmayor, and Luis Nabergoi Puente. It operates as a D2C, and B2C. Sokjo offers products and services including Rikki Ring and Titanium Ring. Sokjo operates in a competitive market with competitors including Bnext, MyInvestor, WiZink, TiC life and LotoBank, among others.
- Headquarter Barcelona, Spain
- Founders Elena Yorda, Elena Fuenmayor, Luis Nabergoi Puente
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Sectors
ConsumerHealthcare
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Email
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Phone
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Website
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- Legal Name Sokjo Banking Solutions Sl
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Annual Revenue
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Products & Services of Sokjo
Sokjo offers a comprehensive portfolio of products and services, including Rikki Ring and Titanium Ring. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables secure contactless payments via NFC for everyday transactions.
Durable smart ring variant for contactless payments and security.
Funding Insights of Sokjo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Sokjo
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sokjo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sokjo Comparisons
Competitors of Sokjo
Sokjo 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 Bnext, MyInvestor, WiZink, TiC life and LotoBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Bnext is recognized as a leading Spanish fintech company.
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Neobank offering a range of investment products and services, including savings accounts, investment funds, and pension plans
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Digital bank providing credit cards, loans, and online savings accounts.
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Provides digital banking services for individual customers.
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Serves as a digital bank designed for individual customers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sokjo
When was Sokjo founded?
Sokjo was founded in 2020.
Where is Sokjo located?
Sokjo is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Who is the current CEO of Sokjo?
Elena Yorda is the current CEO of Sokjo. They have also founded this company.
What does Sokjo do?
Rikki, a fintech company based in Barcelona, Spain, develops smart rings that enable contactless payments via NFC technology. Users add bank cards to the ring for secure transactions using encrypted tokens, eliminating the need for phones or wallets. The rings are made from durable, hypoallergenic materials like titanium and ceramic, and are water-resistant up to 50 meters. They serve consumers seeking convenient, everyday payment solutions with enhanced security features.
Who are the top competitors of Sokjo?
Sokjo's top competitors include MyInvestor, Bnext and WiZink.
What products or services does Sokjo offer?
Sokjo offers Rikki Ring and Titanium Ring.
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