#United States #New York #Adyen #Sokin #eCommerce Payment

Sokin and Adyen Join Forces for E-commerce Payments

In a significant move for businesses eager to thrive in the international market, Sokin, a leading cross-border payments platform, has announced its partnership with Adyen, a prominent financial technology provider. This collaboration aims to provide a singular solution for e-commerce payments and treasury operations, allowing U.S. businesses to manage their transactions more efficiently.

The partnership combines Sokin's multi-currency accounts and treasury infrastructure with Adyen's advanced payment acceptance capabilities. This integration becomes essential as many companies engage in international trade, where differing platforms for payment and treasury functions often complicate operations. By uniting these services, Sokin and Adyen are eliminating the operational challenges associated with managing multiple service providers, creating a streamlined solution for businesses.

Enhanced Payment Acceptance

With this partnership, businesses in the United States can accept payments from customers through Sokin's checkout and payment links, now available in over 35 different payment methods across more than 170 countries. The ability to charge and settle in multiple currencies is particularly vital for companies that deal with diverse global customers. This feature not only improves cash flow but also offers businesses greater flexibility in handling cross-border transactions.

Adyen’s Managing Director for Financial Services and Insurance, Adrian Davis, emphasized that partnering with Sokin removes barriers that typically hinder businesses from expanding into new markets. He indicated that companies can now scale internationally with confidence, knowing their payment infrastructure is robust and efficient.

A Unified Financial Ecosystem

The core focus of this partnership is to create a unified platform where businesses can handle their entire cross-border financial stack. Historically, companies have had to piece together different platforms for payment acceptance and treasury management, leading to increased costs and inefficiencies. According to Vroon Modgill, founder and CEO of Sokin, businesses involved in international trade will now only need to manage one relationship, ensuring that decision-making processes, payment approvals, and transactions are managed seamlessly within a singular framework.

He noted, “As AI technology integrates more deeply within finance teams, having a fragmented payments structure presents a significant barrier.” This partnership aims to alleviate such challenges by providing a cohesive solution.

Growth and Future Prospects

Sokin itself is experiencing a period of accelerated growth, having increased revenues more than eightfold since 2022. This momentum is supported by substantial investments, including a recent Series B funding round and a $100 million debt facility secured earlier this year. With the introduction of stablecoin capabilities in March 2026, Sokin is now positioning itself as a hybrid finance platform, effectively bridging digital assets and traditional currencies.

Sokin, headquartered in the UK, operates offices in key global markets including the USA, Canada, UAE, Singapore, Mexico, Norway, and India. This extensive reach is crucial for enabling businesses to optimize their international payment processes and treasury management seamlessly.

Adyen, known for its end-to-end payment capabilities, continues to expand its services, aiming to support both existing and new customers globally. The dynamic cooperation between Sokin and Adyen highlights a shared commitment to providing innovative solutions to businesses navigating the complexities of international commerce.

Conclusion

The strategic collaboration between Sokin and Adyen marks a transformative shift for U.S. businesses operating in the global marketplace. By uniting payment acceptance and treasury functionalities within one advanced platform, this partnership not only enhances operational efficiency but also empowers businesses to scale their operations confidently, paving the way for future successes in a competitive international landscape.