New location accelerates C2FO’s growth in the UK and throughout Europe
April 30, 2014, Kansas City, Mo. – C2FO®, the world’s market for working capital™, announced today it has opened its first international office in London, further accelerating C2FO’s global expansion, and giving more companies the opportunity to improve cash flow and increase profit.
The new office, located in Mayfair, will be led by Chris Dark, C2FO President, International. Based in London, Dark is responsible for C2FO’s business in EMEA, APAC, and Latin America. Prior to C2FO he was Vice President at Atomico, a leading technology investment firm focused on enabling high growth companies to scale globally. Prior to Atomico, Dark was the European Product Director at AOL Advertising, a Consultant at Bain & Company, and was previously a founder of a global eSports website.
“We are excited to expand C2FO’s Working Capital Market to the UK as the next step in our global expansion strategy,” said Dark. “As the world’s financial system has become more constrained, companies of all sizes have realized the unique advantages of receiving early payment through C2FO.”
Managing Director Allison MacKinnon has been instrumental in developing C2FO’s presence in London. MacKinnon represented C2FO as the featured industry solution provider at a 2013 roundtable discussion on invoice financing for small businesses that was organized and attended by Lord Young, the British Prime Minister’s Small Business Adviser. Prior to joining C2FO MacKinnon spent more than a decade working in London for UBS, where she was an Executive Director and the Head of UK Corporate Debt Capital Markets and Derivatives. In recent months she has been involved in working with the UK government to discuss and implement innovative solutions for improving access to capital for businesses of all sizes to spur worldwide economic growth.
The opening of the London office follows the recent partnership between C2FO and KPMG in the UK. The partnership has received strong support from the British government, with Skills and Enterprise Minister Matthew Hancock describing C2FO as “a clear demonstration of the power of digital technology to disrupt and improve the way UK companies operate.”
The C2FO Market is Collaborative Cash Flow Optimization. The C2FO Market helps companies across the globe collaborate with their supply chain in a live, web-based environment to achieve accelerated cash flow and increased efficiencies in working capital management and profit.