Deal History
Investor: Oxford Finance
Sokin, a profitable business payments company and official global business payment solutions partner for Manchester United, has secured a $100 million (£73 million) long-term debt facility from Oxford Finance. This funding aims to accelerate Sokin's global expansion, enhance its infrastructure, and facilitate the development of new products, including embedded payment capabilities.Summary of transaction details:Value: £73 millionSector: FinTech, Business Payment SolutionsAdvisor: None mentionedKey Entities: Sokin (Target), Oxford Finance (Lead Investor)Location: Sokin is headquartered in the UK with a global footprint.Note: The debt facility is a strategic move to strengthen Sokin's balance sheet, lower borrowing costs, and provide the necessary capital to drive its ambitious growth plans. The investment will specifically support expansion into key international markets and the development of innovative embedded payment solutions, addressing the industry's demand for integrated and streamlined payment workflows.
Investor: Oxford Finance
Sokin, a prominent fintech specializing in business payments, has successfully secured a £72.5 million ($100 million) debt facility from Oxford Finance. This strategic funding is earmarked to accelerate Sokin's international expansion, facilitate the acquisition of new regional licenses, and establish key banking partnerships across North America, South America, and Asia.Summary of transaction details:Value: £72.5 million ($100 million)Sector: Fintech, Business Payments, Embedded Payments InfrastructureAdvisor: Not disclosedKey Entities: Sokin (Target), Oxford Finance (Investor)Location: Global expansion planned across North America, South America, and Asia.Note: This debt facility positions Sokin to solidify its role in embedded payments as an infrastructure layer, meeting the growing market demand for integrated, full-stack payment and treasury operating systems. Oxford Finance's support highlights the perceived strength of Sokin's platform, leadership, and international footprint in a rapidly evolving financial technology landscape.
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