In 2010, the founder of Sogexia had a frustrating experience when he tried to open a bank account in England. Fortunately, he discovered prepaid cards and immediately saw their potential in France, where no such product existed. Sogexia launched one of the first prepaid cards with no strings attached, which was quickly sold in over 15,000 tobacconists. The results were spectacular, with thousands of people excluded from the banking system finally finding financial freedom.

Over the years, more and more companies have started to use Sogexia prepaid cards to manage their business expenses and loyalty, including prestigious names such as Renault, Mauboussin, NRJ or Johnson & Johnson. In response to the growing demand from its customers, Sogexia has built a tailor-made electronic payment platform to meet the different expectations of its customers, evolving from a simple prepaid card to 100% online payment accounts, still with no conditions or hidden fees, but with all the expected payment services.

In 2019, Sogexia obtained its payment institution licence in Luxembourg, giving it more control over the value chain while remaining an independent financial institution. This was a major milestone for Sogexia, bringing it closer to becoming the leading European bank challenger.