Sokin, a global business payments company, has secured a $100 million long-term debt facility from specialty lender Oxford Finance. The facility will accelerate Sokin’s expansion across North America, Asia, the Middle East, and South America, and fast-track the acquisition of further regional licenses, banking partnerships, and global infrastructure scaling. Additionally, investments will fund the development and launch of new products, including embedded payments capabilities.
The deal comes amid a flight to quality in the sector. The number of fintech deals fell 23% in 2025 as investors concentrated capital on companies with proven business models, according to Crunchbase. Sokin achieved 100% year-on-year revenue growth while maintaining profitability and was recognized by The Sunday Times as one of the fastest-growing technology companies.
The additional capital follows shortly on from Sokin’s $50 million Series B in December 2025, led by Prysm Capital, which valued the business at $300 million. It comes as Sokin builds out its embedded finance capabilities to meet the growing demand for end-to-end infrastructure capabilities.
“This capital positions us to own embedded payments as the infrastructure layer,” said Vroon Modgill, CEO and founder of Sokin. “
Sokin provides access to more than 70 currencies for transfers and exchanges, supports holding balances in 26 currencies through multi-currency IBAN and local currency accounts, and offers transaction capabilities across more than 170 countries.
