Greensill secures $800m from the SoftBank Vision Fund to fund technology development and international expansion.
The investment from the SoftBank Vision Fund will accelerate global growth and technology development.
Greensill provides working capital finance to companies globally through a technology-driven approach. The firm operates as a major non-bank bond issuer in Europe.
London-based working capital provider Greensill has secured an $800m funding injection from the SoftBank Vision Fund. The capital will be deployed to accelerate the development of new technology and expand the firm's global footprint into markets such as Brazil, China and India. The transaction follows previous backing from General Atlantic and builds on a period of rapid growth for the business.
From the founder
"We are agents of technological disruption with a mission to make available finance at the lowest possible cost for our clients and their suppliers, whilst opening up a whole new asset class to global investors."
Lex Greensill
Founder and Chief Executive Officer at Greensill
Investor perspective
"Greensill is a strong market leader in working capital finance and has played a pioneering role in the technological revolution that has transformed the industry."
Colin Fan
managing partner, SoftBank Vision Fund
Use of funds
- 01Continue product development
- 02Expand into international markets
