June 17, 2020
Greensill Capital, a British working capital finance company backed by Japanese investor SoftBank, said Tuesday that it acquired digital lender Omni Latam in Colombia for an undisclosed amount to speed up its expansion in Latin America.
The market for working capital finance in Latin America is worth roughly $750 million, Greensill said in a press release. Omni has provided $300 million to more than 5,000 small and medium-sized enterprises (SMEs) in Chile and Colombia since it was founded n 2018
SoftBank-backed working capital provider moves into a $750 mln market in Latin America