← State of Embedded Finance 2026

Sorare

Can a licensed-IP fantasy sports platform become the dominant global marketplace for digital sports assets by combining NFT ownership with regulated fiat wallet infrastructure?

Founded2018
HQParis, Ile-de-France, France
Latest roundSeries B
IndustryMarketplace / Two-sided
The story

Sorare launched as an NFT-based fantasy football platform where users buy, trade, and play with official digital player cards licensed from major football clubs. It expanded its embedded finance capabilities by partnering with Mangopay to introduce a cash wallet for users, moving beyond pure crypto/NFT mechanics toward a hybrid fiat-and-digital-asset model. The Mangopay integration signals a deliberate push to offer regulated payment and wallet infrastructure to a global user base.

Last 12 months
Product timeline
2018
Sorare founded in Paris as a global fantasy football game using official digital player cards.· pivot
2021
Raised Series B funding, reaching significant scale as an NFT-based fantasy sports marketplace.· banking
2023
Partnered with Mangopay to launch a cash wallet product for users, enabling fiat deposits and withdrawals.· banking
The stack
Banking / BaaS
Mangopay
Accounting gap: none