Tagged: working capital

Working Capital Fintech C2FO Launches National MSME Funding Platform in India

C2FO announced the launch of C2treds, the global fintech’s first national platform that expands working capital access “to all micro, small and medium enterprises (MSMEs) in India.” C2FO is the latest and only US-based fintech “to join the Trade Receivables Discounting System (TReDS), distinguishing itself… Read More

Working Capital Fintech C2FO TReDS Platform Goes Live with State Bank of India and Dabur India as Participants

In a significant development, C2FO, the world’s on-demand working capital platform, announced that its TReDS platform, named C2treds has gone live with India’s largest bank State Bank of India (SBI) and Dabur India Ltd. among the inaugural participants on the platform. This milestone follows the… Read More

C2FO, the On-Demand Working Capital Platform, Introduces Solution for Supply Chain Finance

C2FO, the world’s on-demand working capital platform, announced the launch of C2FO SCF Propel. This tailored service allows large enterprises “to evolve their existing supply chain finance (SCF) programs while eliminating the administrative burden typically incurred when launching similar programs.” SCF Propel enables enterprises “to… Read More

Working Capital for UK SMEs: Accelerated Payments, Funding Friends to Support Firms with Alternative Finance

Global Invoice Finance provider Accelerated Payments has announced a strategic partnership with UK funding platform Funding Friends in order “to facilitate the accessibility of working capital solutions for UK SMEs and mid to large corporate businesses.” Having previously worked alongside Accelerated Payments Head of UK,… Read More

Alexandra Donnelly of C2FO: Fintech Professional Comments on the Importance of Working Capital to MSMEs

We recently spoke with Alexandra Donnelly, COO for the Americas at C2FO, a US-based global Fintech whose mission is to ensure all businesses have the capital needed to thrive. C2FO’s platform was recently cited in a policy paper presented at the G20 conference as a… Read More

Trade Finance Solutions: Bank of America Introduces CashPro Supply Chain Services

As part of a multi-year effort to transform trade finance, Bank of America (NYSE: BAC) is launching CashPro Supply Chain Solutions, a platform that will offer participants in a supply chain the benefits of digitization with improved process efficiency and working capital optimization. CashPro is… Read More

Australia: CBA Enhances Digital Lending Capabilities with Acquisition of Fintech Waddle

Commonwealth Bank of Australia (CBA) announced its venture-scaling arm, x15ventures, has entered an agreement “to acquire cloud-based invoice lending platform Waddle, accelerating the bank’s ambition to provide leading working capital solutions for Australian businesses.” CBA has an existing partnership with Waddle “through its Stream Working… Read More

Working Capital Solutions: B20, C2FO to Focus on Services for MSMEs

C2FO, the world’s on-demand working capital platform, is pleased to announce its collaboration with the Business 20 (B20) and inclusion in a major policy paper published at the 2023 B20 meeting in New Delhi, India. The B20 is the official dialogue forum “between the global… Read More

Working Capital Fintech C2FO Surpasses $300B in Funding for Businesses

C2FO, which claims to be one of the world’s on-demand working capital platforms, recently announced that on July 21, it “passed the $300 billion mark in total funding to its customers.” This record funding amount “reflects invoices paid an average of 31 days early via… Read More

Working Capital for Small Businesses: Novo Funding Launched with $125M Facility from Victory Park Capital

Novo, the “powerfully” simple financial platform for small businesses, announced the launch of Novo Funding, “offering small businesses a fast and flexible way to access working capital.” The company has also “secured a $125 million facility from Victory Park Capital (VPC), which will be used… Read More

C2FO, the On-Demand Working Capital Platform, Expands Operations into Mexico with New Subsidiary

C2FO, which claims to be the world’s on-demand working capital platform, announced its further expansion into Mexico with the creation of a Mexican subsidiary. This move bolsters C2FO’s global presence and “reinforces its commitment to empowering all businesses with fast, flexible and equitable access to… Read More

Raffaele Sadun: CFO at Fintech Platform C2FO Discusses New Approaches to Working Capital

We recently spoke with Raffaele Sadun, CFO of C2FO, a US-based global Fintech platform that’s on a mission to provide every business with equitable, convenient access to working capital. As Sadun explains, working capital isn’t just nice to have — it’s essential for business growth… Read More

BaaS Fintech Bankable Acquires Embedded Finance Firm Arex Markets

Banking-as-a-Service Fintech Bankable has reportedly acquired Arex Markets, giving the combined business entity the capability to effectively embed credit and working capital into the payment channels of major neobanks, multinational/global brands as well as Fintech platforms. Financial terms of the transactions have not been shared… Read More

GTreasury, Working Capital Fintech C2FO to Provide Liquidity Management Solutions for Treasurers

GTreasury, a provider of integrated treasury management and risk management systems, today announced a strategic partnership with C2FO, the world’s on-demand working capital platform. Together, GTreasury and C2FO are able “to provide treasurer customers a comprehensive cash management and early payment solution that improves liquidity… Read More

Working Capital Provider Muse Finance Appoints Julie Ashmore as COO

Muse Finance, a working capital business finance provider – today announces the appointment of Julie Ashmore “as COO to help achieve its ambition to reach 30,000 customers and provide £1.5bn of SME financing in the next three years.” With three decades of experience in fintech,… Read More

Barclays Invests in Working Capital Tech for Corporate Clients with Trade Ledger

Barclays has announced that it is further developing its working capital offering by investing in and implementing Trade Ledger’s next-generation working capital orchestration platform. This new platform will “provide industry leading end-to-end credit management automation for Barclays Corporate clients in the UK and around the… Read More

Working Capital Fintech C2FO Announces Key Updates to Ensure Businesses have Resources to Maintain Operations

C2FO claims it is the first and “only” platform to provide on-demand working capital to suppliers of major enterprises worldwide. To mark their 15th year of doing business, the company announced the launch of “a new brand and an enhanced website that bring the company’s… Read More

Working Capital: Lendscape, Validis to Accelerate Access to Financing for SMEs

The team at Lendscape are pleased to confirm a new strategic technology partnership in order to “deliver greater efficiencies for finance providers and accelerate access to working capital for SMEs.” As the world’s technology provider for all forms of secured finance, they’ve partnered with Validis,… Read More

Digital Working Capital, Lending Capability Introduced by Standard Chartered

Standard Chartered (LON: STAN) announced the global launch of the working capital and lending capability on its Straight2Bank (S2B) platform, the Bank’s online banking platform for businesses “to manage their transaction banking needs.” S2B Loans is “a new module which allows clients to initiate and… Read More

Working Capital Fintech C2FO, Schultz Family Foundation Partner to Unlock $100M in Loans for Small Businesses

C2FO, the world’s on-demand working capital platform, and the Schultz Family Foundation, founded by Sheri Schultz and Starbucks CEO Howard Schultz, announced a new initiative designed “to provide access to $100 million in working capital for small and diverse businesses.” Leveraging unique data from the… Read More