Industry leaders launch digital partnership to protect business trade
19 February 2019 |
Euler Hermes Americas, the US-based subsidiary of the Euler Hermes Group, the world’s largest provider of trade credit insurance, partners with C2FO, the largest working capital market in the world, to provide businesses with full protection of their supply chain.
Through the partnership, C2FO customers will be able to purchase credit insurance on demand of individual invoices via a digital platform. The complementary offering of C2FO delivers a powerful addition to trade credit insurance products of Euler Hermes Americas.
In 2018, Allianz X (the digital investment unit of the Allianz Group (the parent company of Euler Hermes), invested $30MM in C2FO to support strategic initiatives such as international growth, additional working capital solutions, and growing the C2FO customer community.