May 14, 2019
In May 2019, SoftBank announced $800 million investment in Greensill, a UK-based working capital financing FinTech company which marked its second significant investment in the UK this year. One could be curious about what Greensill-like alternative finance players do to become so attractive for major investors such as SoftBank.
Colin Fan, Managing Partner at SoftBank Investment Advisers, believes that 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. Through this new partnership, SoftBank sees immense opportunity to introduce working capital finance to a new generation of businesses around the world.