Morgan Stanley Expansion Capital Acquires Stake in Sokin
July 24, 2024
Investment funds managed by Morgan Stanley Expansion Capital have acquired a minority stake in UK-headquartered payments fintech Sokin, with additional participation from Gary Marino, Mark Britto, and Aurum Partners. The growth equity investment is intended to accelerate Sokin's product roadmap and support further global expansion while the company continues to operate independently under CEO Vroon Modgill.
- Buyers
- Morgan Stanley Expansion Capital, Gary Marino, Mark Britto, Aurum Partners
- Targets
- Sokin
- Industry
- Payments & Fintech
- Location
- England, United Kingdom
- Transaction Type
- Growth capital
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