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.
PrimeRevenue has added BankUnited to its roster of funding partners as it seeks to grow and diversify sources of funding for its supply chain finance programmes.