Morgan Stanley Expansion Capital Acquires Stake In Global Payments Fintech Sokin; Financial Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley Expansion Capital has acquired a stake in the UK-based fintech company Sokin. The investment aims to accelerate Sokin's product growth and global expansion. Financial terms were not disclosed.
July 24, 2024 | 12:08 pm
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Morgan Stanley Expansion Capital has acquired a stake in Sokin, a UK-based fintech company. This strategic investment is expected to accelerate Sokin's product growth and global expansion.
The acquisition by Morgan Stanley Expansion Capital is a strategic move to enhance Sokin's growth and expansion. This could positively impact Morgan Stanley's stock as it shows proactive investment in high-growth fintech sectors.
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