Sokin, a cross-border business payments platform based in the UK, has formed a strategic global partnership with Adyen, a Dutch financial technology firm. This collaboration enhances Sokin’s offerings by incorporating global payment acceptance into its existing portfolio of multi-currency accounts, foreign exchange services, and treasury infrastructure, enabling businesses to streamline their international financial operations through a single integrated system.
The service is currently operational in the United States and covers Canada, the UK, mainland Europe, the UAE, Singapore, and Australia. Through Sokin’s checkout and payment link features, companies can accept payments using over 35 methods across more than 170 countries and territories, and settle transactions in multiple currencies.
Addressing Fragmented Infrastructure
This partnership addresses a key challenge faced by international businesses: the disjoint between payment acceptance and treasury operations. Operating these functions on separate platforms often leads to increased reconciliation efforts, higher foreign exchange costs, and reduced financial visibility as transaction volumes grow.
Sokin points out that such fragmentation can also hinder the application of artificial intelligence in financial workflows. In an environment where AI is expected to handle decision-making, approval, execution, and settlement within programmable infrastructure, disconnected payment systems may limit the effectiveness of this automation.
Growth Context and Recent Milestones
The partnership coincides with a period of steady growth for Sokin. The company has seen its revenues increase more than eightfold since 2022, having completed a Series B funding round late in 2025 and securing a USD 100 million debt facility in January 2026. In March 2026, Sokin introduced stablecoin capabilities to support digital assets within its platform alongside traditional currencies.
Sokin is supported by Morgan Stanley Expansion Capital and Prysm Capital and has PayPal veterans on its board and investor roster. Adyen operates a global network serving businesses in various sectors, including financial services and retail.
A representative from Sokin noted that companies expanding internationally have traditionally had to connect multiple providers for basic payment flows, and the partnership with Adyen aims to consolidate this into one platform and relationship. A counterpart at Adyen emphasized that the collaboration is designed to assist businesses in scaling their international operations by simplifying local payment acceptance and leveraging Adyen’s data-driven network to help clients reach customers across different markets.
