Greensill has bought receivables securitisation specialist Finacity, which will now become a wholly-owned part of Greensill. The move comes shortly after Softbank invested $800m in Greensill.
UniCredit is to take a minority stake in FinDynamic, an Italian fintech start-up offering dynamic discounting programs. The bank will work with FinDynamic to offer dynamic discounting to Unicredit clients as part of its working capital solutions.
The SCF market is on the verge of a fundamental change, says Lex Greensill. Mike Hewitt spoke to him on the day his company reached a valuation of $3.5bn.
Japan's Softbank is to invest $800m in Greeensill Capital, valuing the supply chain finance funder at $3.5bn. The investment doubles the value placed on Greensill since General Atlantic put in $250m at a valuation of $1.64bn in 2018.
Half of all banks see maintaining a competitive edge against fintech offerings in supply chain finance as a strategic challenge, according to a new report by Strategic Treasurer.
SCF Forum Asia, to be held in Singapore on 23rd May, will take an in-depth look at how supplier finance is being used to help meet corporate sustainability targets.
MUFG Union Bank is to acquire GE Capital’s supply chain finance platform Trade Payable Services (TPS), which provides early payment services to over 42,000 GE suppliers worldwide.
Sustainability in supply chains is becoming a priority for global business, according to new HSBC research. SCF Briefing spoke to the bank’s Stuart Nivison to find out more.
Royal DSM has become the latest corporation to join the line-up at SCF Forum Europe. Sébastien Leroy, global process lead, commercial control, will join the morning session.