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Latham Advises Morgan Stanley Tactical Value in Growth Investment for Leading Mexican Fintech Unicorn Clip

July 22, 2024
Firm represented the investor in one of the largest growth fundings in Latin America for Mexico’s leading digital payments and commerce platform.

Clip, Mexico’s leading digital payments and commerce platform, has announced a US$100 million investment from Morgan Stanley Tactical Value (MSTV) and a major west coast mutual fund manager. The investment aims to support Clip’s mission of driving financial inclusion in Mexico through innovative technology solutions for SMBs across the country.

Latham & Watkins LLP represented Morgan Stanley Tactical Value in the investment with a transactional deal team led by partners John Miller, Reza Mojtabaee-Zamani, and Haim Zaltzman, and counsel Benjamin Gelfand, with associates Jack Neff and Yi Wei. Advice was also provided on tax matters by partners Bora Bozkurt and Aaron Bernstein; and on bank regulatory matters by New York partner Arthur Long and New York counsel Pia Naib, with associate Ja Hyeon Park.

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