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C2FO Raises $200 Million Led by SoftBank Vision Fund

August 07, 2019 / BUSINESS WIRE

C2FO, the world’s largest market for working capital, today announced the completion of a $200 MM funding round led by the SoftBank Vision Fund with additional participation from existing investors Temasek and Union Square Ventures. Following the investment, Nahoko Hoshino will join the C2FO board of directors on behalf of SoftBank Investment Advisers. The investment is designed to accelerate C2FO’s development of new markets to further improve access to working capital for companies globally not just large multinational corporations, but also small and medium-sized enterprises. “We are very fortunate to have a team who, for years, has delivered industry-leading unit economics, extraordinary customer satisfaction, and strong global growth,” said Sandy Kemper, C2FO Founder and Chief Executive Officer. “Due to their work, we have now grown to match over $1.2 trillion of accounts receivable and accounts payable.”