C2FO Wins SME Financier of the Year – North America at Global SME Finance Awards 2024

KANSAS CITY, Mo. (September 25, 2024) — C2FO, the leading global platform for working capital, has been honored with the prestigious SME Financier of the Year – North America award by the SME Finance Forum managed by the International Finance Corporation (IFC), a member of the World Bank Group. This recognition highlights C2FO’s innovative and impactful practices in small and medium-sized enterprise (SME) finance, showing its position as a world leader in providing capital to SMEs.

Headquartered in North America, C2FO has funded over $370 billion globally in supplier financing since it was founded. In 2023, more than 35,000 SMEs around the world used C2FO to secure tens of billions of dollars of working capital to help them grow. Additionally, $5.4 billion of the total supplier funding last year was specifically to minority and women-owned businesses on the platform.

“C2FO’s working capital solution creates a marketplace for capital with the transparency, flexibility and immediacy that SMEs need,” said Qamar Saleem, global head of the SME Finance Forum. “They are one of the standout members of the SME Finance Forum with so much potential to change the way we think about working capital finance for SMEs.”

The Global SME Finance Awards recognize and celebrate the outstanding achievements of financial service providers in growing SME finance. Entries were evaluated based on portfolio growth in serving SMEs over several years, as well as the development of specific products, services and value-added solutions for SMEs.

The awards ceremony took place during the Global SME Finance Forum 2024 in São Paulo, Brazil. The event brought together prominent financial institutions, fintech enterprises and SME industry experts worldwide to explore the digital-sustainable transitions of SME finance in the age of AI.

C2FO’s commitment to empowering businesses with faster and easier access to capital has been at the core of its success. Alexander “Sandy” Kemper, CEO and founder of C2FO, celebrated the company’s achievements, stating, “Global recognition in the world of SME finance is a great honor. We are extremely proud of our work to ensure every business has the capital it needs to thrive.”

During the Global SME Finance Forum, Kemper also participated as a featured speaker, discussing the role of AI and technology in facilitating better financing solutions, particularly in the context of sustainability-linked and AI-powered supply chain finance.

C2FO’s recognition as the SME Financier of the Year – North America reaffirms its commitment to driving innovation and making a real impact in the SME finance landscape. With its continued dedication to providing exceptional products and services, C2FO remains at the forefront of revolutionizing SME finance worldwide.

About C2FO

C2FO is the world’s on-demand working capital platform, providing fast, flexible and equitable access to low-cost capital to businesses worldwide. Creating trust and transparency with C2FO’s patented Name Your Rate^® technology and a suite of working capital solutions, companies can get paid sooner by the world’s largest enterprises — unlocking billions in risk-free capital. With a mission of ensuring that every business has the capital needed to thrive, C2FO has delivered more than $350 billion in funding around the world. Founded in 2008 and headquartered in Kansas City, USA, with offices around the globe, C2FO is working to build a better, more inclusive financial system every day. To learn more, visit C2FO.com.