SoftBank, the Japanese technology group, has made another $655m investment in Greensill, bringing its total commitment to the supply-chain finance firm to $1.4bn in just a few months.
Greensill, which was founded by chief executive Lex Greensill, a former Morgan Stanley and Citigroup banker, in 2011, said in an October 28 statement the new investment will be used to “accelerate” the company’s “international expansion plans and to finance strategic acquisitions of complementary businesses into the Greensill family”.