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SoftBank completed a £500m investment in Greensill.

Synopsis

SoftBank Vision fund, the world’s largest technology investment fund, a part of SoftBank Group, completed a £500m investment in Greensill Capital, which specializes in supply chain finance, structured trade finance, working capital optimization, specialty financing and contract monetization. After the investment Greensill's value is projected to be £3bn. Greensill estimates the largely untapped market for working capital finance at $55tn. The money from the Vision Fund will help it accelerate its expansion and develop new technologies to make more capital accessible to its clients, the person said. It will also speed up its recent entry into Brazil as it advances plans to enter other markets, including China and India.

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