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SoftBank Vision Invests $800 Million in U.K. Fintech Greensill

  • SoftBank funding takes Greensill valuation to $3.5 billion
  • Company has more than doubled growth rate annually since 2015
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SoftBank Invests $800M in Greensill

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.