Business lending marketplace C2FO has collected $200m in a round led by SoftBank Vision Fund that reportedly included Allianz X.
US-based working capital marketplace operator C2FO secured $200m yesterday in a round led by SoftBank Vision Fund, the investment vehicle managed by telecommunications conglomerate SoftBank.
Singaporean state-owned investment firm Temasek and venture capital firm Union Square Ventures (USV) also contributed capital to the round, as did Allianz X, the digital investment arm of insurer Allianz, Mubadala Investment Company and Mithril Capital according to Bloomberg.
Founded in 2010, C2FO has built an online marketplace that lets businesses secure short-term working capital.…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
