RAD assists Novopayment Holdings in $20m investment from Morgan Stanley
Rebaza Alcazar & De Las Casas has assisted Novopayment Holdings in the USD $20m investment from MS Private Credit Administrative Services LLC (a Morgan Stanley Expansion Capital vehicle), made through credit notes and warrants.
The proceeds from the transaction are expected to support NovoPayment’s continued expansion and scalability, as well as the expansion of its business partnerships.
This transaction is secured by assets from various Novopayment group companies in more than six countries.
Harper Meyer acted as advisor to Novopayment Holdings in the US, while Mayer Brown acted as advisor to Morgan Stanley in the US.
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 lending 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.
Harper Meyer’s team was represented by partners Natalie Jacobs, Jeff Hagen and Otavio Carneiro.
Mayer Brown’s team included partners Peter Felix Wolf and Beth D. Vogel and associates M. Mendel Feinblum and Anthony Felix.
RAD’s team was led by partners Alexandra Orbezo (pictured left) and Luis Miguel Elías (pictured right), with support from senior associate Rafael Lulli and associate Derek Ortmann.
