Greensill Announces $800m Investment from Softbank

London, United Kingdom– May 13, 2019– Greensill, the leading non-bank provider of working capital finance for companies globally, today announced an $800 million investment by the SoftBank Vision Fund. The transaction underscores the value of working capital finance as the most advanced means of providing low cost capital to companies large and small, while opening up a new asset class to global investors.

Lex Greensill, Founder and Chief Executive Officer of Greensill, said: “The SoftBank Vision Fund’s investment is a resounding endorsement of the work we do at Greensill unlocking capital so our clients can put it to work. We are proud to welcome Masayoshi Son and the Vision Fund team into the Greensill family, and we are excited about the opportunity of working with the company, its many partners and beyond.”

The worldwide market for working capital finance is valued at $55 trillion, according to the latest research by Greensill, while only a small fraction of that opportunity has been accessed. Traditional banks typically offer working capital finance to a limited number of large clients. Greensill’s differentiated technology-driven approach opens the market to all companies no matter their size, scope or location based on a sophisticated,

data-driven model. “Greensill democratises access to capital using technology and the financial markets,”

Lex Greensill added. “We are agents of technological disruption with a mission to make available finance at the lowest possible cost for our clients and their suppliers, whilst opening up a whole new asset class to global investors.”

Dilectus have been a key supplier of contract and permanent staff to Greensill since 2015. We have provided many of their key people in the UK IT and operations teams, who have helped the business make these incredibly exciting strides forward. If you are interested in Greensill or have a recruitment need in similar fields of expertise contact Director Leo Sewell at l.sewell@dilectusgroup.co.uk / 01829 730110.

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