Rebaza, Alcazar & De Las Casas advised Novopayment Holdings, Inc. in connection with MS Private Credit Administrative Services LLC's (a vehicle of Morgan Stanley Expansion Capital) $20 million investment, made through credit notes and warrants.
This operation is secured by assets of several companies of Novopayment’s group in more than six countries.
The proceeds from the transaction are expected to support NovoPayment's continued expansion and scalability, as well as the expansion of its business partnerships.
NovoPayment, a leader in vertical banking and payment platforms in Latin America, enables banks, financial institutions, neobanks, digital merchants and fintech companies to offer intuitive digital financial and payment services, improving customer experience and operating margins. The solutions offered range from digital wallets, instant issuance of deposit accounts and virtual cards to real-time payments (RTP), international transfers, digital loans and cash management.
Morgan Stanley Expansion Capital specializes in equity and credit investments in late-stage private companies operating in high-growth sectors such as technology, healthcare, consumer, digital media and others.