It has secured a $ 100 million investment from Allianz X , the digital finance division of Allianz Group . The fintech firm connects companies with working capital funding , enabling suppliers to receive payment more quickly from customers . 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. “ 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 Ali , CEO of Allianz X.
It has secured a $ 100 million investment from Allianz X , the digital finance 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 Ali , CEO of Allianz X.