intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

C2FO Raises $30 Million With IFC to Enhance Global Platform

C2FO Raises $30 Million With IFC to Enhance Global Platform

April 17, 2025 Craig Etkin

KANSAS CITY, Mo., April 14, 2025 /PRNewswire/ — C2FO, the world’s on-demand working capital platform, has announced the completion of a $30 million funding round with the International Finance Corporation (IFC), a member of the World Bank Group, and existing shareholders. This infusion of capital will help accelerate the technical development and expansion of C2FO’s global platform to focus on emerging markets.

IFC’s investment in C2FO underscores a shared commitment to boosting jobs and strengthening economic opportunities in emerging markets for micro, small and medium enterprises (MSMEs) worldwide. C2FO’s innovative platform leverages advanced technology to deliver dynamic funding, enabling suppliers — predominantly smaller businesses in regions like Africa — to access working capital faster and more efficiently than through traditional financing.

“IFC provides more than capital — our expertise in supply chain finance and fintech is instrumental in scaling C2FO’s operations,” said Farid Fezoua, IFC Global Director for Disruptive Technologies, Services and Funds. “This initiative will unlock the economic potential of smaller suppliers who cannot easily access needed working capital, driving growth and jobs.”

This investment follows the announcement of IFC’s strategic partnership with C2FO to develop a Nationwide Working Capital Platform across Africa, starting in Nigeria. That initiative, which is expected to launch later in 2025, has the potential to unlock tens of billions of dollars in annual financing for African MSMEs.

“Having IFC as an investor is a great honor for us and a catalyst that will accelerate our shared mission to fully scale a global, durable, inclusive and sustainable platform for the world’s businesses,” said C2FO CEO and Founder Alexander “Sandy” Kemper.

C2FO’s innovative platform makes working capital accessible to all businesses, allowing them to access funds tied up in accounts receivable through dynamic discounting and supply chain financing programs. With operations around the globe, C2FO already facilitates a material amount of liquidity to emerging markets. In 2024, more than $13 billion in funding was provided to over 20,000 businesses in developing nations around the world through C2FO.

“C2FO believes when everyone has the capital they need to grow, everyone benefits. It fosters innovation, job growth and a more resilient economy,” explained Kemper. “That’s why we’ve created a platform where businesses can access low-cost, efficient working capital on demand without the burdens of traditional credit-based lending.”

As C2FO continues to grow, it remains dedicated to its mission of providing accessible and efficient working capital solutions, empowering businesses to thrive in an increasingly competitive landscape. The strategic and financial support from IFC is a pivotal step in realizing this mission and expanding the impact of C2FO’s services on a global scale.

About C2FO
C2FO is the world’s on-demand working capital platform, providing businesses with fast, flexible and equitable access to low-cost capital. C2FO enables trust and transparency in working capital finance through its suite of solutions using patented Name Your Rate® technology that enables companies to be paid sooner by the world’s largest enterprises. Currently serving hundreds of thousands of business customers globally, the platform has delivered more than $400 billion in risk-free capital since its inception. Founded in 2008 and headquartered in Kansas City, USA, with offices around the globe, C2FO’s mission is to ensure every business has the capital needed to thrive. To learn more about C2FO, the world’s market for working capital®, visit C2FO.com.

About IFC
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in over 100 countries, using our capital, expertise and influence to create markets and opportunities in developing countries. In fiscal year 2024, IFC committed a record $56 billion to private companies and financial institutions in developing countries, leveraging private-sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.

Media Contact
Carrie Bratcher
pr@c2fo.com
+1-816-682-9973

SOURCE C2FO

Copyright © 2025 Cision US Inc.


Venture Capital
C2FO, Cision, Kansas City, Missouri, PRNewswire, Venture Capital

Post navigation

NEXT
New York City Metro based Ippsolar LLC has secured $3,000,000.00 in new commercial capital.
PREVIOUS
Barrell Energy Launches Series A Funding Round to Accelerate Smackover Lithium Play Expansion
Comments are closed.
Subscribe for FREE!

intelligence360

intelligence360
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
Load More... Subscribe

Categories

Recent Posts

  • Bespoken Spirits Announces Successful Close of Series-C Funding Round June 9, 2025
  • Bito Raises $5.7M Seed Extension to Expand AI Code Review Platform with Codebase Awareness June 9, 2025
  • Pillar Biosciences Raises $34.5M in Funding June 9, 2025
  • CloudZero Raises $56M Series C To Redefine Cloud Cost Optimization In The AI Era June 9, 2025

Archives

© 2025   Copyright SI360 Inc. All Rights Reserved.