Sokin Secures $100M to Power Global Payments Expansion and Embedded Finance Future

January 30, 2026, 3:37 pm
Times Sport

Verified account
Times Sport Verified account
NewsSportsVideo
Location: United Kingdom, England, London
Employees: 501-1000
Crunchbase
Crunchbase
BusinessDataIndustryInformationInvestmentLearnMarketNewsProviderResearch
Employees: 201-500
Founded date: 2007
Total raised: $100.2M
Prysm Capital
Prysm Capital
DataHealthTechServiceSoftwarePlatformEnterpriseCarePetAIBusiness
Location: United States, New Jersey
Employees: 11-50
Sokin
Sokin
B2BFinancialServicesFinTechGlobalPayments
Location: United Kingdom
Employees: 11-50
Founded date: 2019
Total raised: $165.23M
Sokin, a leading global business payments firm, secured a $100 million debt facility from Oxford Finance. This crucial capital drives aggressive expansion into North America, Asia, the Middle East, and South America. It supports acquiring more regional licenses, forging banking partnerships, and scaling global infrastructure. A significant portion targets new product development, especially embedded payments. This strategic investment follows a $50 million Series B round, valuing Sokin at $300 million. The move highlights Sokin's robust growth and profitability in a challenging FinTech landscape where investors prioritize proven business models. Sokin's platform simplifies cross-border transactions for businesses worldwide.

Sokin, a prominent force in business payments, recently secured a significant financial boost. The London-based company closed a $100 million long-term debt facility. Oxford Finance LLC provided this capital injection. This funding fuels ambitious global expansion plans. It supports Sokin's continued market penetration.

The investment targets key regions. North America, Asia, the Middle East, and South America are primary focuses. Expansion requires new regional licenses. It demands strategic banking partnerships. Global infrastructure scaling is also paramount. These steps will broaden Sokin’s operational reach.

New product development stands as another core objective. Sokin will invest heavily in innovative solutions. Embedded payments capabilities are a particular priority. This move positions Sokin at the forefront of integrated financial services. It enhances their offering to a diverse client base.

This latest financing follows prior successes. Sokin previously raised a $50 million Series B round. Prysm Capital led this equity funding in December 2025. The Series B valued Sokin at $300 million. This demonstrates strong investor confidence. It reflects Sokin's rapid growth trajectory.

The financial technology sector faces new realities. FinTech deals declined significantly in 2025. Crunchbase data shows a 23% drop in transactions. Investors are exercising caution. They prioritize companies with proven business models. A "flight to quality" defines the current market.

Sokin thrives in this selective environment. The company achieved 100% year-on-year revenue growth. This impressive metric highlights its market traction. Crucially, Sokin maintained profitability. This performance sets it apart from many peers. The Sunday Times recognized Sokin as a top-tier fast-growing technology company.

Sokin offers a comprehensive payment platform. It serves business clients directly. The platform streamlines cross-border transactions. It handles accounts payable, receivable, and treasury operations. This integrated approach simplifies complex financial workflows.

Embedded finance solutions are a key innovation. Sokin enables other organizations to integrate its payment infrastructure. This allows businesses to offer Sokin's robust capabilities to their own customers. Payments become a seamless part of existing workflows. This approach eliminates friction and bottlenecks.

Sokin’s platform supports extensive multi-currency operations. Users can access over 70 currencies for transfers and exchanges. Businesses can hold balances in 26 different currencies. Multi-currency IBANs and local currency accounts facilitate this. Transaction capabilities extend across more than 170 countries. This global reach is a significant competitive advantage.

Oxford Finance identifies strong market positions. They back companies with clear paths to value creation. Sokin’s platform impressed Oxford. Its leadership team demonstrated expertise. Sokin’s international footprint further solidified the partnership. Demand for integrated payment solutions continues to expand globally. Oxford Finance views Sokin as a leader in this evolution.

The new debt facility strengthens Sokin’s balance sheet. It lowers borrowing costs for the company. This ensures continued delivery of high-quality, cost-effective solutions. Sokin aims to build a long-term strategic partnership with Oxford Finance.

Sokin's mission began in 2019. The vision was clear: remove international payment barriers. Borders, burdens, and complexities were targets. Today, Sokin delivers on this promise. Its platform empowers global businesses. It offers clarity and control over financial operations.

The company supports diverse business verticals. Clients range from freight and logistics firms. Premier League football clubs also utilize Sokin's services. This broad appeal underscores the platform's versatility. It adapts to unique industry needs.

Sokin maintains a robust global presence. Its headquarters are in the United Kingdom. Further offices operate across multiple continents. These include Australia, the United States, and Canada. The United Arab Emirates, Singapore, Mexico, Norway, and India also host Sokin offices. This widespread network supports its international operations.

Embedded payments represent a significant market shift. Companies seek payment integration directly into their operational workflows. They want fewer vendors and streamlined processes. Sokin provides a full-stack payments and treasury operating system. This holistic solution meets modern business demands. It enables faster growth and smarter scaling.

The FinTech landscape will continue to evolve. Sokin’s strategic funding positions it well. It can capture growing market share. Its focus on embedded finance is prescient. This investment ensures Sokin remains a key player. It will drive innovation in global business payments. The future of payments is integrated. Sokin is building that future.