Sogexia
- Company typePrivate
- Founded2010
- HeadquartersLuxembourg, Luxembourg
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
Sogexia firmographics
Firmographics- Name
- Sogexia
- Legal name
- Sogexia S.A.
- Website
- https://sogexia.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Sogexia industry classification
Industry- Product category
- Digital Banking Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)
- akta.pro secondary industries
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)
Keywords
Where Sogexia is headquartered
LocationHeadquarters
- HQ city
- Luxembourg
- HQ country
- Luxembourg
- HQ region
- Europe
Offices1 record
Markets served
Sogexia business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Interchange and transaction fees: Revenue generated from transaction fees on card payments and withdrawals, as well as transfer fees. Sogexia operates on a 100% pay-as-you-go model with straightforward, transparent pricing.
- Premium card subscriptions: Classic card priced at €2.75/year; Metal card offered as a premium tier with higher limits and exclusive benefits including worldwide free ATM withdrawals and premium insurance coverage.
- Factoring partnership fees: Partnership with Edebex enables invoice factoring; Sogexia acts as the account provider through which factoring proceeds are received within 72 hours.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Annual | Basic account with online account opening, IBAN, Mastercard card |
| Subscription | Annual | Metal card premium tier with higher limits and premium insurance |
| Other | Pay-as-you-go | Referral program |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Sogexia product offering
Product offeringCore offering
Sogexia is a Luxembourg-registered payment institution that provides 100% online payment accounts (Personal and Business) with instant IBAN assignment (French or Luxembourg), Mastercard debit cards, real-time transactions, and no minimum income or nationality requirements. Beyond the core account, it bundles value-added services including cash deposits at 10,000+ retail points, factoring via Edebex, payment terminals via Smile & Pay, bulk transfers, B2B SEPA direct debits, and the Sogexia Club discount programme with 850+ merchants.
Product overview
Sogexia is a digital payment institution offering a unified online account platform accessible via web, mobile app (iOS/Android), with two core account types (Personal and Business). The product portfolio centers on the Sogexia Online/Business Account providing real-time payment services, IBAN accounts (French or Luxembourg), and Mastercard debit cards (Classic and Metal tiers). The platform differentiates through integrated add-on modules including Bulk Transfers for payroll processing, Factoring via Edebex partnership for invoice financing, Payment Terminals via Smile & Pay for point-of-sale acceptance, Cash Deposits through Brink's and Nirio networks, SEPA B2B Direct Debits, and the Sogexia Club loyalty program with 850+ merchant partners. The company emphasizes accessibility with no minimum income requirements, no overdraft facilities, and a 100% pay-as-you-go pricing model.
Differentiator
Problem solved
Functional benefit
Products and services
- Sogexia Personal Account 100% online payment account for individuals with instant IBAN assignment (French or Luxembourg), real-time transactions, no overdraft facilities, and no minimum income or nationality requirements. Includes Mastercard debit card, free card lock/unlock, budget tracking, free transfers between Sogexia accounts, and cash deposits up to €1,500/month.
- Sogexia Business Account Bank-free business account with IBAN available within 24 hours, tailored for self-employed, freelancers, and companies (sole proprietorships, SARL, EURL, SA, SAS, associations). Features capital deposit with no conditions, B2B SEPA direct debits, accounting exports with unlimited history, real-time statistics, and cash deposits up to €9,500/month.
- Sogexia Classic Card Mastercard debit card with real-time balance authorisation and customisable spending limits up to €10,000/day for payments and €1,000/day for withdrawals, accepted worldwide including contactless and online payments. Annual fee of €2.75.
- Sogexia Metal Card Premium 15g stainless steel Mastercard with palladium chip and laser engraving. Features free worldwide ATM withdrawals, free currency payments with real-time exchange rates, premium insurance coverage, and monthly limits of up to €30,000 for payments and €3,500 for ATM withdrawals.
- Sogexia Mobile App Native mobile application for iOS (iPhone/iPad) and Android devices, available on the Apple App Store and Google Play Store. Provides the same functionality as the web-based online account, including account management, card controls (lock/unlock), transfers, and cash deposit scheduling.
- Cash Deposits Cash deposit service initiated via QR code or personal barcode at approved retail locations. Limits of €1,500/month for personal accounts and €9,500/month for business accounts. Available through Brink's (1,600+ locations) and the Nirio network (10,000+ locations) across mainland France and overseas departments (Guadeloupe, Martinique, French Guiana, Réunion). Deposits are credited in real time.
- Factoring Service Invoice selling service for businesses via the Edebex partnership, enabling customers to receive 100% of invoice funds within 72 hours. No commitment on amount or duration; businesses choose which invoices to sell and receive an upfront estimate of amount and applicable fees.
- Payment Terminals Point-of-sale card payment terminals for businesses provided via the Smile & Pay partnership (authorised by Banque de France). Fully compatible with Sogexia business accounts, available at competitive rates to French professionals regardless of activity or turnover.
- Sogexia Club Loyalty discount programme providing average 7% rebates on online purchases through more than 850 partner merchants including Amazon, Orange, SNCF, Booking.com, and Hertz. Discounts are exclusively negotiated for Sogexia customers.
Quantifiable outcome
- Cash deposits credited in real time upon QR code verification at deposit points
- +4 more outcomes
Companies that use Sogexia
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
Sogexia technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature6 records
Sogexia partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Nirio (FDJ Group)coreEnhanced cash deposit service partnership with FDJ Group's Nirio network of approved bars, tobacconists, and newsagents. Nirio deposit points extend Sogexia's cash deposit network to over 10,000 locations across mainland France and French overseas departments. Deposits initiated via QR code through the Sogexia app and credited in real time. Individual deposit limit: €1,500/month; professional limit: €9,500/month.
- Brink'scoreCash deposit partner managing physical cash deposit locations at over 1,600 approved shops (primarily tobacconists) in metropolitan France. Deposits credited in real time to Sogexia accounts via a personal barcode displayed in the customer's online account.
- Smile & PaycorePartnership with Smile & Pay, a payment institution authorised by the Banque de France, provides Sogexia business customers with 100% compatible payment terminals at competitive rates. Enables all French professionals, regardless of activity or turnover, to equip themselves with a bank card payment solution quickly and affordably.
- EdebexcorePartnership with Edebex, the leader in new generation factoring, enables Sogexia business customers to sell invoices and receive payment within 72 hours. Customers choose which invoices to sell, deposit them in their Sogexia account, and receive an estimate of the amount and applicable fees. No commitment on amount or duration required.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Sogexia competitors and assessment
Company assessmentDirect peers
- Nickel: French payment institution offering accounts opened at tobacconists with no minimum income requirements — the closest direct competitor to Sogexia's model, particularly on cash deposit access and inclusive onboarding. Acquired by BNP Paribas in 2017.
- Revolut: UK-headquartered European neobank with multi-currency accounts, IBANs, debit cards, and consumer/business offerings — directly competes with Sogexia across most of its product surface, with materially larger scale and broader geographic reach.
- N26: Berlin-based European neobank providing digital current accounts, Mastercard debit cards, and EU-wide service under a German banking licence — competes with Sogexia for the same digitally-native, multi-country European consumer segment.
- Qonto: Paris-headquartered neobank for SMBs, freelancers, and self-employed professionals — directly competes with Sogexia's business account, factoring, and bulk transfer offerings, with a deeper SMB product stack and broader EU presence.
- Lydia: French mobile-first payment and account app with consumer accounts, cards, and P2P features — directly competes with Sogexia for the French digital-banking customer and operates with similar payment-institution licensing.
- Bunq: Dutch-licensed European neobank offering multi-currency accounts, IBANs, Mastercard cards, and business banking across multiple EEA markets — competes with Sogexia on multi-country EU passport-enabled account offerings and consumer/business split.
- Monese: UK-origin European digital account provider offering accounts to migrants, expats, and underbanked customers across the EEA — overlaps directly with Sogexia's inclusive-onboarding value proposition and payment-institution structure.
- Shine: Paris-based neobank for freelancers, auto-entrepreneurs, and small businesses (acquired by Société Générale) — directly competes with Sogexia's self-employed and SMB segments, particularly on factoring and integrated accounting.
- Vivid Money: Berlin-based European neobank offering consumer and business accounts, multi-currency cards, and investment features — competes with Sogexia in the EU-wide digital banking space, particularly for cross-border and SME customers.
Emerging players
- Pleo: Copenhagen-based business spend management platform with company cards, expense management, and integrations — partially overlaps with Sogexia's business card and corporate finance offerings, though Pleo is more focused on spend management than full banking.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Sogexia social profiles
Digital presenceSogexia compliance and trust
Trust signalCompliance2 records
Sogexia financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sogexia leadership team
Management profileNumber of profiles
Profiles1 record
Sogexia funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sogexia M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sogexia
What does Sogexia do?
Sogexia is a Luxembourg-registered payment institution that provides 100% online payment accounts (Personal and Business) with instant IBAN assignment (French or Luxembourg), Mastercard debit cards, real-time transactions, and no minimum income or nationality requirements. Beyond the core account, it bundles value-added services including cash deposits at 10,000+ retail points, factoring via Edebex, payment terminals via Smile & Pay, bulk transfers, B2B SEPA direct debits, and the Sogexia Club discount programme with 850+ merchants.
Is Sogexia a public or private company?
Sogexia is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Sogexia founded?
Sogexia was founded in 2010. It employs 51 to 100 people.
Where is Sogexia based?
Sogexia is headquartered in Luxembourg, Luxembourg, in the Europe region.
How does Sogexia make money?
Three revenue lines are on record. Interchange and transaction fees are the primary driver. The others are premium card subscriptions and factoring partnership fees.
Who are Sogexia's main competitors?
Direct peers on record are Nickel, Revolut, N26, Qonto, Lydia, Bunq, Monese, Shine and Vivid Money. Pleo is listed as an emerging player.
Does Sogexia have an API?
No public API is recorded for Sogexia.
What industry is Sogexia in?
Sogexia's product category is Digital Banking Services. Its primary akta.pro industry code is FSAMAIAG, Multi-Currency Accounts, Wallets & IBAN Services, with a secondary code of FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure. Its NAICS code is 522320 and its SIC code is 6022.