
Will supply chain finance learn the lessons of Greensill Capital?
Popular with carmakers with networks of suppliers in the 80s and 90s, supply chain finance, thanks to fintech, is now financial engineering on steroids. What could possibly go wrong?

Supply chain finance (SCF) is as old as finance itself, with versions of reverse factoring – the process whereby third parties intercede between buyer and supplier to balance time against payment – stretching back to the 14th century and even beyond to the ancient Assyrians.
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