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C2FO Lands $100M As Investors Continue AltFin Support

“C2FO, which offers small businesses an online marketplace for working capital and trade finance, will use the investment to focus on international growth, to expand its product offering and to grow its customer base” reports pymnts.com. Alternative lending continues to gain support from investors, the latest being C2FO, which announced a $100 million funding round.The company said Tuesday (Feb. 27) that it raised the funds from Allianz X and Mubadala Investment Company, while existing backers Temasek, Union Square Ventures and Mithril Capital also participated. That funding was led by Temasek.
 
Source: pymnts.com



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