UK-Based Fintech Greensill Acquiring Colombia Fintech Omni Latam

London-based Greensill Capital, backed by SoftBank, has made an acquisition in Latin America; in an all-stock deal Greensill, whose primary business is supply chain finance, will acquire Colombia-based fintech Omni Latam; Omni provides working capital to small and midsize businesses in Colombia and Chile; Greensill founder and CEO Lex Greensill said, “We realized Latin America requires very special skills, and yet at the same time the region has a very significant working-capital gap that we estimate to be on the order of $750 billion”; Omni was founded just two years ago in Bogota and has provided about $300 million in digital working capital products to date. Bloomberg

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.