Published: January 28, 2026 at 12:22 pm
A FinTech company backed early on by Manchester United legend Rio Ferdinand has secured a $100 million (£73m) long-term debt facility from Oxford Finance.
The profitable business payments company only announced a £38m Series B fundraise in December – led by Prysm Capital – which valued it at $300m.
Sokin was unveiled as United’s official global business payment solutions partner in August.
The new 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.