Morgan Stanley Expansion Capital makes fintech play with Sokin

The strategic investment will accelerate Sokin’s product growth plans.

  • Sokin is based in London
  • Sokin will continue operating as an independent unit and brand
  • Morgan Stanley Expansion Capital is the growth-focused private investment platform within Morgan Stanley Investment Management

Morgan Stanley Expansion Capital has acquired a stake in Sokin, payments fintech business, for undisclosed terms.

London-based Sokin enables global businesses to transfer, hold and exchange over 100 currencies with its multi-currency IBAN and local currency accounts through its platform.

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