Morgan Stanley Expansion Capital invests $20m in NovoPayment

Morgan Stanley Expansion Capital has announced an investment of $20 million in NovoPayment, a US-based financial and payment infrastructure service provider specialising in delivering digital banking, payments, and card solutions. The funding is expected to bolster NovoPayment’s scaling and expansion of commercial partnerships.

NovoPayment is a vertical-focused SaaS that enables banks, financial institutions, neo-banks, digital merchants, and FinTechs to offer intuitive digital financial and payment services, improving customer experiences and operational margins.