Arrowgrass Capital Partners LLP (“Arrowgrass”) have today completed the purchase of Oxygen Finance Ltd (UK) and Oxygen Finance Americas Inc (US). This purchase and the capitalisation of the Oxygen businesses will enable accelerated development in a growth marketplace.
About Oxygen
Oxygen Finance provides a technology platform and professional services solution for its clients, large buying organisations – allowing them to unlock value within their supply chains through paying suppliers ahead of contracted terms.
About Arrowgrass
Arrowgrass Capital Partners LLP is an alternative asset manager head-quartered in London. Arrowgrass has more than 100 employees operating from offices in London and New York, and has more than $5billion in institutional Assets under management.
Arrowgrass CEO, Henry Kenner said “The Oxygen business model has great potential for global growth and supports our investment strategy in the alternative finance sector. We look forward to supporting this venture with our expertise and seeing its potential fulfilled.”
Oxygen Finance CEO, Ben Jackson said “We have grown steadily in recent years but the impact of Arrowgrass as an owner will allow us to accelerate both client acquisition and secure our position as the leading Early Payment provider”
