Press Release

C2FO Joins the SME Finance Forum to Further Optimize Access to Capital for SMEs Across Regions

07 July 2021
The C2FO Team

Washington D.C., USA  (July 8, 2021) — C2FO, the largest global platform for working capital, today announced it is joining the SME Finance Forum as the newest member of the global membership network. Members consist of SME Financing experts from over 80 countries, all of whom share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. 

“When we started in 2012, we were in an exploratory phase for the first few years. Since 2016, we’ve been implementing our mission to build a global membership to support better SME financing, and since then, we’ve established a network with over 230 active member institutions, which operate in over 190 countries sharing the common purpose of helping under-served enterprises. We are delighted to welcome C2FO to further grow our mission,” said Matthew Gamser, CEO of the SME Finance Forum.

By providing cost-effective access to working capital, C2FO brings fairness, transparency, and opportunity to growing businesses across the globe. Through their digital working capital platform, C2FO enables clients to accelerate or extend payment to their suppliers or customers, providing more flexibility and control over working capital for everyone in their ecosystem.

“Businesses worldwide need capital to grow, but they don’t have access to it at the right price, in the right way, or at the right time. At C2FO, our mission is to deliver a future where every company worldwide has the capital needed to grow. We believe that by networking with peer institutions and participating in webinars through our membership of the SME Finance Forum, we can further optimize our services to support SMEs across regions.  We also believe that we can work with governments to bring liquidity to SMEs, supporting their growth and the subsequent economic stimulus, via our unique National Working Capital Platform agenda,” said Colin Sharp, Senior Vice President, EMEA at C2FO.

About SME Finance Forum

The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research, and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative.

To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list

About C2FO

C2FO is the world’s largest platform for working capital. We serve over one million businesses representing $10.5 trillion in annual sales across more than 180 countries. Our online platform connects more than $110 billion of daily accounts payable and accounts receivable. Whether you need working capital or have excess working capital, Name Your Rate, and the C2FO platform will match your request in seconds. You can accelerate or extend AP or AR on demand, providing you, your customers and your suppliers greater control over cash flow. You can also utilize AR financing and other data-driven funding options.

C2FO is working capital, working for everyone. Our mission is to deliver a future where every company in the world has the capital needed to grow. To learn more, visit C2FO.com

Media Contacts

Carina Carrasco

ccarrasco@worldbank.org

Stephanie Dressler / Daniel Diaz

Dukas Linden Public Relations

C2FO@dlpr.com