Sokin Secures $50M Series B to Expand Cross‑Border Treasury Platform

Why It Matters

The funding positions Sokin to compete in the rapidly expanding cross‑border finance market, accelerating automation for multinational corporations. Faster, integrated treasury workflows can unlock significant cost savings and improve working‑capital efficiency.

Key Takeaways

• $50M Series B led by Prysm and Watershed
• Platform automates cross‑border AP, AR, treasury
• Targets global enterprises needing multi‑currency payments
• Investors include Morgan Stanley Expansion Capital and PayPal alum
• Funding will accelerate product development and market expansion

Pulse Analysis

Cross‑border cash‑flow management remains a pain point for multinational firms, as fragmented banking relationships and currency conversions inflate costs and delay payments. Sokin’s platform tackles these inefficiencies by consolidating accounts payable, receivable, and treasury functions into a single, cloud‑native solution that supports real‑time multi‑currency settlements. By automating reconciliation and providing predictive liquidity insights, the service helps CFOs reduce working‑capital gaps and mitigate foreign‑exchange risk, aligning with the broader trend toward end‑to‑end financial automation.

The $50 million Series B, led by Prysm Capital and Watershed Ventures, signals strong investor confidence in Sokin’s growth trajectory. Participation from heavyweight players such as Morgan Stanley Expansion Capital and former PayPal executive Gary Marino adds strategic depth, offering both capital and industry expertise. Sokin plans to allocate the funds toward accelerating product development, expanding its API ecosystem, and entering key European and North American markets where demand for integrated treasury solutions is surging. This infusion also enables the company to bolster compliance capabilities, a critical factor for scaling across jurisdictions with varying regulatory regimes.

Industry analysts view Sokin’s raise as a bellwether for the fintech segment focused on B2B treasury automation. As global supply chains become more complex, enterprises are seeking platforms that can provide visibility and control over cross‑border transactions without relying on legacy banking infrastructures. Sokin’s enhanced funding positions it to challenge incumbents and capture market share from niche players, potentially reshaping how corporations manage international cash flows. The move underscores the accelerating shift toward digital, data‑driven treasury operations, a trend likely to intensify as more firms prioritize efficiency and resilience in their financial ecosystems.

Deal Summary

London‑based fintech Sokin announced a $50 million Series B round to accelerate its cross‑border accounts payable and treasury platform for global enterprises. The round was led by Prysm Capital and Watershed Ventures, with participation from Morgan Stanley Expansion Capital, Aurum Partners, and individual investors Gary Marino and Mark.