London payments platform Sokin secures €83 million debt facility to…

Team S · 2026-02-03T14:30:20.000Z

Sokin, a London-based fintech specialising in business payments and embedded finance infrastructure, has secured an €83 million (≈ $100 million) long-term debt facility to accelerate its international growth strategy, expand its payments ecosystem, and develop new products including embedded payments capabilities. The facility follows Sokin’s active funding push in 2025, which saw nearly €60 million raised including a €42.9 million Series B led by Prysm Capital underscoring momentum in its cross-border B2B payments business. The €83 million growth financing was provided by Oxford Finance LLC, a specialty lender focused on technology-enabled companies, strengthening Sokin’s balance sheet as it scales operations across North America, Asia, the Middle East and South America, and pursues additional regional licences and banking partnerships. The capital will also support product innovation to embed payments directly into customer workflows a strategic priority as demand grows for tightly integrated treasury, FX, and account management services for global businesses. Sokin’s platform already enables customers to send, receive and hold funds in multiple currencies with multi-currency IBANs, helping streamline cross-border accounts payable, receivable, and treasury functions for enterprises.

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London payments platform Sokin secures €83 million debt facility to… | Newnex