Financial technology specialist Sokin has announced it has become the official global payments partner of Excel London.
Sokin will improve global payments at Excel by streamlining cross-border transactions, increasing efficiencies, and reducing costs. Online payments to the venue will also be powered by Sokin’s ecommerce gateway.
The partnership will also see promotion of Sokin to Excel’s four million annual visitors, covering over 400 events and 40,000 exhibiting companies. This includes a million international visitors, making up 25% of London’s business tourism sector.
Headquartered in the UK, Sokin enables over $4.5bn in transactional volume per year, working with businesses across various sectors, from freight and logistics to football clubs. It allows businesses to transfer, hold, and exchange over 100 currencies with its multi-currency IBAN and local currency accounts.
The collaboration begins as Excel marks its 25th anniversary in 2025 and will later this year open a 25,000sqm expansion.
James Hannaford, chief growth officer at Sokin commented: “Excel London is an iconic venue which sits at the heart of international business. This is a huge partnership for Sokin that will see us enhancing global payments for the venue and its clients while reaching millions of business visitors that walk through its doors every year.”
Excel London CCO Simon Mills added: “With Excel hosting some of the largest and most important business events in the world, and London ranked as Europe’s number one city for FinTech, we see a hugely exciting opportunity via our partnership with Sokin to meet our mutual objectives. Today’s announcement is another important step in the progression of our partnership programme and aligns Excel with a like-minded brand that supports our mission to be the best event destination in the world.”
