OKTO, the next-gen Payment Service Provider, today announced it will be strengthening its relationship with S8. This move reinforces company’s strategy to become a full-spectrum financial partner for global and regional e-commerce merchants operating in complex, demanding and high-growth sectors, expanding further its offering with a fully integrated treasury and financial services proposition.
Working closely with S8, the group now combines its regulated payments infrastructure and existing banking and settlement capabilities with S8’s financial advisory expertise and access to specialized financial services. This strengthened alliance enables merchant partners to benefit from both transactional efficiency and long-term financial depth within a single, merchant-centric ecosystem.
Responding to the increasing demand for – and growing sophistication of – cross-border digital commerce, the OKTO group is expanding its offering beyond orchestrated pay-ins and pay-outs, treasury management and settlement. The enhanced proposition now includes a broader suite of value-added financial services, including investments, credit, FX, hedging solutions, and tax-optimized structures. To support the fast-growing tokenization market which has already surpassed US$1 billion, the group will also offer solutions for stablecoin and token-based operations, designed specifically for high-volume, fast-scaling e-commerce segments.
“Working closely with S8, we are deliberately stepping beyond the traditional boundaries of a payment service provider,” said Edward Chandler, Group CEO of OKTO. “Our vision is to give our global merchants a unique strategic partner that can support them across the full financial spectrum – from local pay-ins and pay-outs to treasury & liquidity management, settlement and beyond. As a group we bring the deep financial expertise, strategic local relationships, and a regulated payments infrastructure that our customers demand. Together with S8, we are strengthening our positioning and expanding our capabilities, so our partners can grow with confidence in Latin America and across their international footprint.”
S8 close partnership with OKTO is bult with the mission of strengthening the group’s financial services layer. “We are very happy with our alliance, joining forces to offer our clients a stronger and more complete financial and payments offering.” said Lisandra Pereira Branco, Founder & CEO of S8. “Our clients are facing increasingly complex challenges: volatile FX markets, evolving regulations, fragmented banking relationships and the need to finance rapid growth in highly competitive markets. This next step will allow us to create a powerful, unified platform. We are not simply putting two successful outfits together, we are committed to creating a coordinated financial environment where merchants can manage risk, liquidity and growth seamlessly.”
The combined offering now functions as a one-stop-shop treasury solution, enabling merchants’ finance and treasury teams to manage cash, liquidity, investments, FX, hedging and credit, alongside their everyday payment flows, through a single integrated service. By replacing multiple intermediaries with one unified service, merchants benefit from reduced friction, better visibility of exposures, streamlined operations and more informed financial planning as they expand into new markets.
A key element is the group’s development of a stablecoin-based settlement infrastructure intended to shorten settlement times and reduce costs compared with traditional cross-border rails. This is expected to be particularly relevant for Latin American merchants and global operators with high-volume flows. The company also notes that any rollout in Brazil will follow the Central Bank’s evolving rules for virtual asset and stablecoin services to ensure compliance from day one and long-term sustainability.
With the combined offering already live in Brazil and plans to extend this model to Colombia, Mexico, Chile, and Argentina—the group aims to become a key strategic partner for merchants looking to “Play Differently” and scale across Latin America by combining payment institution capabilities, banking and settlement services, sector-specific expertise, and a merchant-centric approach.
