MS · News · 20261021N

IntraFi Sale Advisory Mandate

MORGAN STANLEY · 2026-10-21 · Importance 35 · Surprise 42

Blackstone and Warburg Pincus are considering a sale of IntraFi, a reciprocal deposit-network operator, at a valuation exceeding $10 billion. Morgan Stanley and Guggenheim Securities were hired to advise on the potential transaction, according to sources cited by Reuters. Blackstone acquired IntraFi in 2019, while Warburg Pincus invested in the business in 2022, making the reported sale a material private-markets advisory opportunity for Morgan Stanley.

Key facts

• Morgan Stanley and Guggenheim Securities have been hired to advise on a potential sale of IntraFi, a deal that could value the fintech at over $10B, according to people familiar with the matter. source