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Found 12 results in 781 milliseconds.

Credit Suisse fined USD 350 mln over loan scandal

News | Digital Identity, Security & Online Fraud | 20 Oct 2021

Credit Suisse has been fined nearly GBP 350 million by global regulators, pleaded guilty to wire fraud.

payment fraud, regulation, financial services, financial crime, lending

Finverity launches solution for institutional investors in supply chain finance

News | E-invoicing, SCF & E-procurement | 22 Sep 2021

Supply chain finance platform focused on emerging markets Finverity has launched its fund manager functionality for the supply chain finance (SCF) sector. 

supply chain finance, product launch, investment

Greensill Capital forced to file for insolvency

News | E-invoicing, SCF & E-procurement | 10 Mar 2021

UK-based Greensill Capital has filed for insolvency protection in UK after funds that had invested billions of dollars in the financial startup’s securities withdrew their support.

Greensill, supply chain finance, e-invoicing, insurance

Credit Suisse cuts back on USD 10 bln Greensill-backed SCF funds

News | E-invoicing, SCF & E-procurement | 09 Mar 2021

Credit Suisse has announced intentions to wind down its USD 10 billion supply chain finance funds, which were mostly invested in notes backed by speciality finance firm Greensill, according to Reuters.

supply chain finance, investment

BaFin bans Greensill Bank on disposals and payments

News | Payments General | 04 Mar 2021

The Federal Financial Supervisory Authority (BaFin) has issued a ban for Greensill Bank on disposals and payments as there is a risk that the bank will become over-indebted. 

banks

Investor exists Credit Suisse Funds

News | E-invoicing, SCF & E-procurement | 22 Jul 2020

SoftBank has pulled a more than USD 500 million investment from Credit Suisse’s supply chain finance funds. 

Softbank, Credit Suisse, supply chain finance, SCF, loans, Greensill, Vision Fund, payments , invoice

SoftBank-backed Greensill buys Colombia fintech

News | E-invoicing, SCF & E-procurement | 24 Jun 2020

SoftBank-Backed Greensill Capital, a company that helps businesses fund their operations, has announced it is acquiring Colombia-based Omni Latam to speed up growth in Latin America.

Greensill Capital, Omni Latam, working capital, supply chain finance, loans, suppliers

Greensill, Metro Bank, OakNorth, and Secure Trust Bank join CLBILS

News | Payments General | 11 Jun 2020

The British Business Bank has announced new lenders added to its coronavirus lending schemes.

Greensill, Metro Bank, OakNorth, Secure Trust Bank, CLBILS, lenders, British Business Bank, UK, coronavirus, lending scheme, government-backed loans, Growth Lending, inFund, Invocap, NEL Fund Managers, Triple Point, Paragon Bank, CBILS, Bounce Back Loans

Softbank injects further USD 655 mln into Greensill Capital

News | E-invoicing, SCF & E-procurement | 31 Oct 2019

Softbank’s Vision Fund has invested an additional USD 655 mln in Greensill Capital as the supply chain finance provider has acquired tech firm FreeUp.

Softbank, Vision Fund, Greensill, FreeUp, supply chain finance, UK, United Kingdom, funding, international expansion, Procure-to-Pay

Softbank Vision Fund leads USD 200 mln funding round for C2FO

News | E-invoicing, SCF & E-procurement | 08 Aug 2019

SoftBank Vision Fund has expanded its financial-technology portfolio, leading a USD 200 million funding round for supply-chain platform C2FO.

Softbank, Vision Fund, funding, C2FO

SoftBank rolls out USD 800 million investment in SCF company Greensill

News | E-invoicing, SCF & E-procurement | 02 Jul 2019

SoftBank Vision Fund has invested USD 800 mln in UK-based working capital finance company Greensill in a deal that values the company at USD 3.5 bln.

Softbank, SoftBank Vision Fund, Greensill, supply chain finance, investment, UK, Europe, Allen & Overy, Morgan Stanley

General Atlantic invests USD 250 mln in lending startup Greensill

News | E-invoicing, SCF & E-procurement | 16 Jul 2018

US-based private-equity company General Atlantic has made a minority investment in UK lending startup Greensill Capital.

General Atlantic, Greensill Capital, lending, startup, investment, supply chain finance, Credit Suisse Group AG, Global Asset Management