Financial technology expert Sokin has announced that he has become Excel London’s official global payments partner.
Sokin improves global payments in Excel by streamlining cross-border transactions, increasing efficiency and reducing costs. Online payments to the venue will also be delivered through Sokin’s e-commerce gateway.
The partnership also promotes Sokin to Excel’s 4 million visitors, covering over 400 events and 40,000 exhibitors. This includes 1 million international visitors, accounting for 25% of London’s business tourism sector.
Headquartered in the UK, Sokin works with companies from a variety of sectors, from freight and logistics to football clubs, enabling more than $4.5 billion in trading volumes per year. This allows businesses to transfer, hold and exchange multi-currency IBANs and local currency accounts with over 100 currencies.
The collaboration will begin when Excel celebrates its 25th anniversary in 2025 and opens its 25,000 square meters expansion later this year.
Sokin’s Chief Growth Director James Hannaford commented: “Excel London is an iconic one at the heart of international business. It is a major partnership for Sokin, who is increasing global payments for the venue and its clients while reaching millions of business visitors each year.”
Excel London CCO Simon Mills added: “With Excel hosting the world’s largest and most important business events and London ranks as the number one city in Europe for FinTech, there is a very exciting opportunity to achieve mutual goals through our partnership with Sokin.
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