Morgan Stanley Expansion Capital Makes $20 Million Investment in NovoPayment
Morgan Stanley Expansion Capital has announced a $20 million investment in NovoPayment, a financial and payment infrastructure service provider. NovoPayment specializes in digital banking, payments, and card solutions through its vertical-focused SaaS platform. The company serves 15 markets across Latin America, the Caribbean, and the United States, offering solutions including digital wallets, instant account issuance, virtual cards, RTP, cross-border transfers, digital lending, and cash management. The funding will support NovoPayment’s scaling efforts and expansion of commercial partnerships.
Positive
- Secured $20 million investment from Morgan Stanley Expansion Capital
- Established presence in 15 markets across Latin America, Caribbean, and US
- Offers comprehensive suite of financial solutions through SaaS platform
Negative
- None
Financial Analyst
The $20 million investment from Morgan Stanley Expansion Capital into NovoPayment represents a strategic move in the fintech infrastructure space, particularly targeting Latin American markets. The investment validates NovoPayment’s business model and market position in the banking-as-a-service sector. Key value drivers include:
- NovoPayment’s full-stack platform serving 15 markets across LatAm, Caribbean and US
- Focus on high-growth embedded finance solutions including digital wallets, instant issuance and cross-border transfers
- Strong positioning to capitalize on LatAm’s digital banking transformation
For Morgan Stanley, this investment aligns with the growing trend of traditional financial institutions backing fintech infrastructure players to participate in the digital transformation of banking services. The deal should provide Morgan Stanley with strategic insights into LatAm’s fintech ecosystem while offering potential synergies with their existing financial services operations.
