founder sandy kemper headquarters kansas city mo united states products dynamic early payment program working capital marketplace supplier early payment portal short term cash optimization website www.c2fo.com c2fo is a financial technology company and the creator of the first market for working capital . c2fo operates the c2fo working capital market for companies of all sizes around the world . 1 c2fo is the only working capital exchange that allows companies to name your rate to improve cash flow and to increase profit . the company was founded in january 2008 by sandy kemper former ceo of umb financial corporation . 2 c2fo was previously known as pollenware . the name changed to c2fo based on customer feedback that the market delivered collaborative cash flow optimization or c2fo an acronym for what the market provides . the first c2fo market clearing took place in 2010 and quickly earned the attention and backing of venture firm union square ventures which is well known for the investment in other fast growing companies like twitter and zynga . 3 in q2 2015 c2fo completed a 40mm round of equity funding led by temasek a global investment company based in singapore . 4 temasek joined a growing list of world class c2fo investors including union square ventures summerhill venture partners openair equity partners mithril capital and tiger global . in q1 2016 citi ventures became the newest investor to support c2fo s continued global expansion . 5 6 7 c2fo posted its first 1 billion quarter in the fourth quarter of 2013 . it experienced dramatic growth during 2014 handling 2.9 billion worth of transactions in the fourth quarter of 2014 with 1.4 billion of that happening in december . 8 in september 2015 c2fo announced it had reached the 1 billion a week milestone for the amount of working capital trading on its platform . 9 in the past six years c2fo has generated more than 57 billion in working capital flows volume and over 220 million days of accelerated payment . contents 1 working capital marketplace 2 market insights in the media 3 recognition & awards 4 global footprint 5 references 6 external links working capital marketplace edit c2fo provides a transparent marketplace for companies to deploy and secure working capital . using the market suppliers can request early payment from buyers on approved invoices . if early payment is awarded the funds are facilitated directly from the buyer to the supplier . 10 c2fo enables collaboration between buyers and suppliers in a real time marketplace to discover the unique price for early payment that s profitable for both . 11 c2fo does not process payment or hold funds . the market is operated in an online environment with no fees or contracts for suppliers . c2fo currently operates in multiple currencies and is available in all countries . the market is a direct exchange between existing customers with no intermediaries or financial institutions so it is free from regulation . 12 market insights in the media edit cnbc interviewed chris dark president international of c2fo on their shake it up program and asked him to explain how c2fo functions as the world s first marketplace for working capital . dark discussed how c2fo benefits big customers such as costco amazon and pfizer and brings value to their suppliers at the same time . 13 in may 2015 karen mills senior fellow with harvard business school composed an article discussing the importance of small businesses in america and the three things they need to thrive including access to working capital . in the article mills cited c2fo as an innovative new entrant in accounts receivable lending . 14 the supplier finance survey fielded by c2fo polled leading uk corporate treasurers in q4 2015 and shows that most treasury functions are looking into the value of accelerating payment to suppliers . the majority 71 % of corporate treasurers believe invoice discounting can act as a means for the treasury to provide tangible value add according to the research . 15 suppliers are getting paid late across the globe but it s a particular problem in the u.k. where late payments have led to high profile political action and lawsuits . 16 the research also found that 96 percent of treasurers agreed that the role of supplier financing services is on the rise . 17 18 city a.m. interviewed colin sharp svp emea for c2fo and discussed c2fo s innovative approach to invoice financing . 19 recognition & awards edit in early 2015 c2fo was named to global finance magazine s the innovators 2015 list 20 and received the 2015 impact award from the american cities business journals . in december 2015 c2fo was recognized by forbes as one of the most important financial tech companies on the magazine s 2015 forbes fintech 50 list . 21 after considering more than 300 fintech companies c2fo was recognized by for its ability to help solve the liquidity paradox through its unique marketplace model . c2fo was also the only company listed from the dynamic discounting category . h2 ventures and kpmg also named c2fo to their 2015 fintech 100 list of startups from around the world who are taking advantage of technology to revolutionize the industry by offering fresh new disruptive ideas . 22 the supply chain finance community has named c2fo among the six shortlisted vendors in its open rfi project launched on behalf of a group of dutch corporations . 23 global footprint edit c2fo is headquartered in fairway ks . the company has offices around the globe . london hong kong san francisco seattle frankfurt singapore references edit kansas city business journal c2fo . kansas city business journal october 10 2014 . c2fo s sandy kemper how this entrepreneur creates entirely new markets . kansas city business journal august 12 2016 . union square ventures blog pollenware . union square ventures september 5 2012 . wall street journal c2fo . wall street journal daily startup blog august 11 2015 . treasury management international c2fo receives strategic investment from citi ventures treasury management international february 1 2016 . silicon prairie news c2fo adds citi ventures as a strategic investor silicon prairie news february 5 2016 . shared services citi ventures becomes latest prominent c2fo investor shared services link february 2 2016 . kansas city business journal c2fo . kansas city business journal january 8 2015 . kansas city business journal c2fo kansas city business journal october 19 2015 . kansas city business journal c2fo . kansas city business journal october 10 2014 . the motley fool c2fo . the motley fool april 15 2014 . bloomberg tv pollenware . bloomberg tv september 12 2012 . cnbc c2fo . cnbc october 1 2015 . harvard business review c2fo harvard business review may 27 2015 . finextra invoice discounting gaining ground in corporate treasury finextra.com february 10 2016 . pymnts treasurers real thoughts on invoice discounting pymnts.com february 11 2016 . pymnts treasurers real thoughts on invoice discounting pymnts.com february 11 2016 . treasury today unlocking the ties in working capital treasurytoday.com april 2016 . city a.m. how alternative financing is making supply chain finance sexy q & a with c2fo s colin sharp cityam.com april 28 2016 . global finance magazine c2fo global finance magazine june 12 2015 . forbes c2fo . forbes.com december 9 2015 . fintech 100 c2fo finch innovators december 15 2015 . the paypers c2fo the paypers november 10 2015 . external links edit c2fo.com company website retrieved from https en.wikipedia.org w index.php title c2fo & oldid 739585613 categories companies based in kansas city missouricompanies established in 2008 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent 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