SoftBank's Vision Fund invests $800mn into UK fintech Greensill

By Olivia Minnock
Share
A report by Bloomberg has revealed that SoftBank is investing into a UK fintech through its Vision Fund. Greensill Capital is a London-based company t...

A report by Bloomberg has revealed that SoftBank is investing into a UK fintech through its Vision Fund.

Greensill Capital is a London-based company that provides alternative supply chain funding. Founded in 2011, with ex-Morgan Stanley banker Lex Greensill among the founding members, the company also has offices in the US, Germany and Australia. Greensill has over 290 specialists worldwide, with the aim of changing the way businesses unlock capital.

SEE ALSO:

According to reports, the company will be valued at $3.5bn following the investment. The Telegraph has commented that if the deal goes ahead as reported, Greensill will become one of the wealthiest London-headquartered fintech startups.

The source who spoke to Bloomberg commented that the company intends to explore new markets: it has just entered Brazil and will now look to China and India.

The SoftBank Vision Fund is famously worth $100bn in total. It was created in 2017 through partnership with the Public Investment Fund of Saudi Arabia. So far, notable beneficiaries of the fund have included Flipkart, Slack, Paytm, Policy Bazaar, WeWork and DiDi.  

 

Share

Featured Articles

Klarna and Stripe Expand Global Payments Integration

Klarna strengthens its merchant acquisition strategy through an enhanced partnership with Stripe to extend its BNPL services

Carbon Credit Market: Poised for Growth by 2030

Experts predict a resurgence in carbon credits with new corporate and technological advancements by 2030

How Revolut Will Transform the Fintech Industry in 2025

Nik Storonksy continues to strive to disrupt global financial services by integrating mortgages, AI and ATMs into its strategic 2025 vision

Protegrity: Navigating Fintech Market Shifts in 2025

Financial Services (FinServ)

Adyen Launches AI Payment Suite with 6% Conversion Boost

Digital Payments

Crypto in 2025: What is its Ceiling?

Crypto