Tagged: sokin

Sokin Secures $100M Debt Facility

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,… Read More

Mixed Bag in Autumn Budget as Chancellor Rachel Reeves Says Taxes Will Rise. Fintech Insiders Comment.

The Chancellor of the Exchequer, Rachel Reeves, revealed the Autumn Budget today, and for those anticipating multiple tax increases, the statement did not disappoint. Reeves said the government is “doubling down on its plans and the economic and fiscal strategy it set last autumn.” While… Read More

Morgan Stanley Expansion Capital Reportedly Acquires Stake in Payments Fintech Sokin

Investment funds managed by Morgan Stanley Expansion Capital have acquired a stake in UK headquartered payments business Sokin, marking an exciting new chapter for the fast-expanding fintech firm. The acquisition will provide “significant capital and accelerate its product growth plans and further global expansion.” The… Read More

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