SoftBank Vision Fund is injecting $800 million into U.K. fintech Greensill, according to a person familiar with the matter.
The investment values Greensill, which provides alternative supply chain funding to companies, at $3.5 billion, the person said. That’s more than double the level of almost a year ago, when the firm received $250 million from General Atlantic LLC. Greensill declined to comment, while SoftBank couldn’t immediately be reached for comment.