Sokin, the global business payments company, has secured a $100 million long-term debt facility from Oxford Finance to accelerate its international growth and expand embedded payments capabilities. The capital will support North American, Asian, Middle Eastern, and South American expansion, acquisition of regional licenses, banking partnerships, and infrastructure scaling, as well as the launch of new products. The funding follows Sokin’s $50 million Series B in December 2025 and comes as the company maintains 100% year-on-year revenue growth while remaining profitable amid a retrenching fintech market.
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“This capital positions us to own embedded payments as the infrastructure layer,” said Vroon Modgill, CEO and founder of Sokin. Sokin’s platform streamlines cross-border accounts payable, receivable, and treasury operations, supporting transactions in over 70 currencies and balances in 26, across 170+ countries. “Oxford Finance provides structured growth capital to technology companies across growth stages,” said Austin Szafranski, Executive Director at Oxford Finance, emphasizing confidence in Sokin’s leadership and global expansion strategy.
