Allianz Group’s digital investment unit Allianz X has invested $30 million in fintech firm C2FO that connects buyers and suppliers of goods and services with working capital funding needs. Allianz, Allianz X, C2FO, Investment, Fintech, Nazim Cetin, Germany, Europe, North America
C2FO has secured a $30m investment from Allianz X, the digital investment division of Allianz Group. The fintech firm connects companies with working capital funding, enabling suppliers to receive payment more quickly from customers. “C2FO’s business model of connecting companies with working capital in real time is a unique solution to a critical aspect of trade financing”, said Nazim Cetin, CEO of Allianz X.