Okto expands financial services through partnership with S8

Okto has announced a new phase in its partnership with S8, forming an expanded financial services framework designed to support global and regional e-commerce merchants operating in high-growth and highly regulated sectors.
The joint model integrates payments, treasury tools and broader financial capabilities into a single ecosystem.
According to Okto, the group is responding to increased demand from merchants navigating complex cross-border environments.
The enhanced proposition now includes value-added financial services such as investments, credit, FX, hedging solutions and tax-optimized structures, alongside support for stablecoin and token-based settlement workflows.
These developments accompany the company’s existing pay-in, pay-out, liquidity and settlement capabilities.
Edward Chandler, Group CEO of Okto, said: “Working closely with S8, we are deliberately stepping beyond the traditional boundaries of a payment service provider. The joint approach aims to support merchants across the full financial spectrum.”
S8 Founder and CEO Lisandra Pereira Branco stated: “We are very happy with our alliance. Our clients are facing increasingly complex challenges. The combined model is designed to create a coordinated financial environment where merchants can manage risk, liquidity and growth seamlessly.”
The partnership is structured to function as a one-stop treasury solution, giving operators a single access point for cash and liquidity management, FX exposure, hedging, credit and investment functionality.
Okto noted that reducing reliance on multiple intermediaries may offer merchants increased visibility and efficiency as they scale into new markets.
A significant component of the joint roadmap is the development of a stablecoin settlement layer intended to shorten settlement times and reduce the costs associated with traditional cross-border rails.
Okto confirmed that any future deployment in Brazil will follow the Central Bank’s evolving rules for virtual asset and stablecoin services.
The combined offering is already live in Brazil, with plans to extend into Colombia, Mexico, Chile and Argentina. Okto said the regional rollout is aligned with its broader strategy to build specialised financial and payments infrastructure across Latin America.
The announcement follows Okto’s appointment of André Boesing Finance Minister Satsuki Katayama as GM for South Latin America earlier this month. It also comes shortly after Okto launched its direct card-in solution in Mexico to support locally aligned acquiring and real-time deposit options for operators.
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