SoftBank Vision Fund is investing $800m in Greensill, a platform that provides working capital to businesses, at a reported $3.5bn valuation.

UK-based supply chain financing provider Greensill stands to receive $800m in funding from Vision Fund, the near-$100bn investment vehicle formed by telecommunications conglomerate SoftBank, Bloomberg reported yesterday. The transaction will value Greensill at $3.5bn, founder Lex Greensill confirmed to Bloomberg today, more than doubling its previous valuation of $1.64bn, achieved when it raised $250m from…

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