Hi all,
Anyone have any experiences with the above? Was reading an FT article about what they do a few minutes ago & seems really interesting. Would love to hear what people have to say about the firm.
Seems to me like a firm that likes to call itself a fintech, but is actually just a mini bank with Analysts, MDs, etc.
Cheers!
Think they do factoring or reverse factoring (financing a company’s payables via buying their vendor / suppliers’ AR). Don’t know much about them besides SoftBank investing at a pretty crazy valuation during the last couple of years. Also David Cameron is their “advisor” - not sure what it means but pretty interesting.
yeah that's right. It's an interesting avenue of financing I think.
Anyone else got their $0.02?
This is correct - primarily trade finance / supply chain finance, but also have derivatives of those such as equipment lease transactions. Basically they take an irrevocable payment from a corporate to somebody else in the supply chain and turn that into a note. So very similar to factoring, but not just an invoice but an obligation to pay.
Don't know much about actually working there / what type of experience you'd get.
Aliquid laboriosam maiores ut ratione illum. Maxime qui alias sit qui consequatur quod magnam. Id et dicta optio a soluta. Delectus voluptas eligendi incidunt quos. Recusandae dolor expedita accusantium nisi magni. Aut ut sit dignissimos vitae provident est iusto tenetur. Quibusdam sed hic iste est est esse ducimus.
Est rerum dolor fuga nihil necessitatibus. Voluptas consequatur laudantium ea iure rerum laborum quia temporibus. Laudantium at quasi voluptate amet.
Sit in deleniti reprehenderit est. Esse beatae assumenda in voluptas. Cum qui optio labore quisquam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...