The story
The company was founded as Pollenware in January 2008 by Sandy Kemper, former CEO of UMB Financial Corporation. The name was subsequently changed to C2FO, an acronym describing the collaborative cash flow optimization services the company's platform provided.
C2FO posted its first $1 billion quarter in the fourth quarter of 2013. It experienced growth during 2014, handling $2.9 billion worth of transactions in the fourth quarter of 2014, with $1.4 billion of that happening in December.
In October 2019, C2FO acquired India's largest early payment platform, Priority Vendor. In the fourth quarter of 2019, C2FO achieved an annualized funding run rate of $39B. In March 2020, C2FO claimed it had accelerated more than $100B in payments for companies.
C2FO announced partnering with Experian in February 2021 to provide working capital to Experian vendors.
From Wikipedia’s article on C2FO, shared under CC BY-SA 4.0.4