C2FO provides an on‑demand working‑capital platform where suppliers can accelerate invoice payments by setting their own discount rate and receive funds as early as the next business day. Buyers use the same marketplace to earn returns on excess cash by offering target discount rates, while FinanceIQ™ analytics give real‑time visibility into receivables and cash‑flow. The service is delivered via a one‑click dashboard, API integrations, and optional access to third‑party lenders.
Funding
$30.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Suppliers often wait 30, 60, or 90 days for invoice payment, tying up cash that could fund growth, while traditional financing options such as loans or factoring involve lengthy underwriting, high fees, and extensive paperwork. Buyers simultaneously seek ways to earn returns on excess cash and improve working‑capital metrics without disrupting supplier relationships.
Solution
C2FO operates an on‑demand working‑capital platform that lets suppliers accelerate invoice payments by selecting a discount rate through its patented Name Your Rate® technology. The process is completed in one or two clicks, with payments issued as soon as the next business day, eliminating the need for loans, factors, or manual paperwork. Buyers can set target return rates for their cash, and the platform matches them with willing suppliers, generating win‑win early‑payment transactions. An integrated analytics hub (FinanceIQ™) provides real‑time visibility into receivables, payment trends, and cash‑flow opportunities across all buyer‑supplier relationships. For larger financing needs, C2FO offers Lending Connections, a vetted network of third‑party lenders that can provide receivables finance, asset‑based loans, or term facilities. The solution also includes a suite of working‑capital optimization tools—Navigator, Advisors, and turnkey implementation services—to help enterprises align payment terms, reduce cost of goods, and meet ESG objectives.
Target Audience
Primary users are suppliers of all sizes seeking faster cash flow, and corporate buyers—including finance, treasury, and procurement departments—looking to optimize working capital, improve EBITDA, and strengthen supplier ecosystems.
Features
- Name Your Rate® early‑pay engine: suppliers set their own discount rate and receive payment instantly on approved invoices.
- One‑click invoice acceleration via a unified Invoice Central dashboard that aggregates all buyer invoices.
- No loan contracts, factoring agreements, or extensive documentation required; the platform handles settlement and compliance.
- FinanceIQ™ analytics: AI‑driven AR intelligence, cash‑flow forecasting, and KPI tracking for finance, treasury, and procurement teams.
- Dynamic Supplier Finance for buyers: configure target cash‑return rates, access a global pool of suppliers, and execute automated discounting.
- Lending Connections marketplace: integrated access to third‑party lenders offering receivables financing, asset‑based loans, and term facilities with referral‑fee based compensation.
- Working Capital Optimization suite: Navigator for real‑time working‑capital health, Advisors offering CPSM®‑certified guidance, and Turnkey Terms Implementation for rapid program rollout.
- API and ERP integration layer supporting seamless data exchange with major ERP systems and enabling automated workflow orchestration.