C2FO

What C2FO does

C2FO (legal entity Pollen, Inc.) operates a global on-demand working capital marketplace that connects enterprise buyers with their suppliers to enable early payment of approved invoices at supplier-selected discount rates. Suppliers self-register on the platform, find their buyers in the C2FO buyer directory, and use the patented Name Your Rate technology to set the exact discount they will accept for accelerated payment; complementary features such as Trending Rate (rate suggestions from comparable transactions), Express Accept (guaranteed acceptance at pre-set rates), Invoice Central (multi-buyer receivables dashboard), and FinanceIQ (accounts receivable analytics) round out the supplier toolset. The platform processes over 50 million approved invoices per day for in-network businesses, accelerated 42 million+ invoices in 2025, and has facilitated more than $500 billion in cumulative supplier funding since founding, with zero credit defaults recorded.

The company sells a configurable suite of solutions. On the buyer side, C2FO Dynamic Supplier Finance combines dynamic discounting with traditional supply chain finance, deployed via a 6-week implementation and configurable funding from the buyer's balance sheet, bank partners, or C2FO's global funding network. Working Capital Optimization (Navigator, Advisors, and Turnkey Terms Implementation) is sold as multi-year professional services engagements targeting EBITDA improvement and supplier resilience. For lenders, the C2FO Lending Connections referral network monetizes matches to alternative and non-bank lenders; C2treds, a wholly-owned subsidiary, runs India-focused receivable financing on the TReDS platform. CycleFlow, launched in Nigeria in April 2026 with IFC backing, extends the same collateral-free model to African MSMEs. The platform supports 48 currencies and 14 languages across 160+ countries, with regional headquarters in the United States, the United Kingdom, India, and Hong Kong plus operations in Lagos.

C2FO's revenue model is primarily transaction- and platform-based. Enterprise buyers pay fees for Dynamic Supplier Finance programs (subscription/transaction) and for Working Capital Optimization advisory work, while suppliers use Early Pay at no cost because the buyer has already sponsored the platform; C2FO also earns referral fees from third-party lenders via Lending Connections. Customer concentration is anchored by Fortune 100/Global 2000 buyers such as Costco, Pfizer, Philips, Walgreens, Home Depot, Macy's, Kroger, Thermo Fisher, HPE, Sysco, REI, Ulta Beauty, Nordstrom, Mondelez, Flex, and Giant Eagle, while the supplier side is highly distributed across more than 430,000 active businesses.

Name

C2FO

Legal name

Pollen, Inc.

Website

https://c2fo.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

501–1,000 employees

Short description

C2FO operates a global on-demand working capital marketplace that lets suppliers get invoices paid early at self-selected discount rates, serving 430,000+ supplier businesses and Fortune 100/Global 2000 enterprise buyers across 160+ countries.

Ownership category

akta.pro rank

Product category

Supply Chain Finance / Working Capital Platform

NAICS

Sales Financing (52222), Credit Intermediation and Related Activities (522)

SIC

Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)

akta.pro industry

PRIMARYFSAGAIAC

B2B / Invoice-Based BNPL (Trade Credit at Checkout)

Financial & Insurance/Financial Technology (Fintech)/BNPL & Point-of-Sale Financing Platforms

SECONDARYFSAKAGAE

Supply Chain Finance (Trade Credit, PO/Inventory Financing)

Financial & Insurance/Lending & Consumer Finance/Small Business & Microenterprise Lending

Keywords

• Supply chain finance
• Working capital platform
• Early payment discounting
• Dynamic discounting marketplace
• Invoice financing

Headquarters

HQ city

Kansas City

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Dynamic Discounting / Early Payment Fees: Buyers pay for early payment programs that improve their margins and EBITDA. The platform facilitates discount-based early payments where buyers earn returns on their excess cash by paying suppliers early.
2. Supply Chain Finance Platform Fees: Fees from large enterprise buyers for Dynamic Supplier Finance platform implementation, funding facilitation, and ongoing program management.
3. Lending Connections Referral Fees: C2FO receives referral fees from third-party lenders when successfully matching businesses with financing solutions through its vetted network of alternative and non-bank lenders.
4. Working Capital Optimization Advisory: Expert advisory services for enterprises to optimize working capital positions, including Working Capital Navigator, Advisors, and Turnkey Terms Implementation.

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels9 records

Core offering

C2FO operates an on-demand working capital marketplace platform that enables suppliers to get invoices paid early at a discount rate of their choosing using its patented Name Your Rate® technology. Enterprise buyers use the platform to fund early payments to their suppliers, earning returns on excess cash while improving margins, EBITDA, and supply chain resilience. The platform serves nearly 2 million businesses across 160+ countries with no loans, debt, or traditional underwriting required.

Differentiator

Problem solved

Functional benefit

Brands

• CycleFlow: A digital supply chain finance platform powered by C2FO and supported by IFC, designed to provide affordable working capital to MSMEs, particularly in emerging markets like Nigeria.
• C2FO Early Pay
• C2FO FinanceIQ
• C2FO Lending Connections
• C2FO Dynamic Supplier Finance

Products and services

• C2FO Early Pay™
• C2FO Dynamic Supplier Finance™
• C2FO FinanceIQ™
• C2FO Lending Connections
• C2FO Working Capital Optimization
• CycleFlow

Quantifiable outcome

• 32 average days paid early for suppliers
• +8 more outcomes

Named customers33 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Ten partnerships are on record, tiered core and major.

• IFC (International Finance Corporation) - CycleFlow NigeriacoreStrategic or Co-development Partner · 2 April 2026CycleFlow, powered by C2FO and supported by IFC, launched supply chain finance platform in Nigeria. Projected to facilitate up to $30 billion annually in financing for Nigerian MSMEs. IFC Regional Director highlighted $25 billion currently locked in payment cycles with suppliers waiting 90+ days for payment.
• Stanbic IBTC (Nigeria)coreChannel Partner/ Reseller/ Distributor · 2 April 2026First fully integrated bank on CycleFlow platform in Nigeria. Connects MSMEs with financial institutions for short-term invoice financing. Part of platform designed to potentially create over 480,000 jobs.
• Flour Mills NigeriacoreChannel Partner/ Reseller/ Distributor · 2 April 2026First fully integrated buyer enrolled on CycleFlow platform in Nigeria. Corporate buyer providing early payment access to their MSME suppliers through the platform.
• Bank of IndiamajorChannel Partner/ Reseller/ Distributor · 24 December 2025Strategic partnership with C2treds (C2FO subsidiary) to provide digital receivable financing for MSMEs through Trade Receivables Discounting System (TReDS) platform. MoU signed by Ravi Shankar, GM (DLD) and Neha Bahadur, MD of C2treds. Aims to improve liquidity and cash flow efficiency for small businesses.
• IFC (International Finance Corporation)coreStrategic or Co-development Partner · 3 April 2025Strategic partnership to improve access to working capital for MSMEs in Africa. IFC's first dedicated supply chain financing facility in Africa for smaller businesses. Includes development of specialized CycleFlow platform. IFC also led $30M equity investment round in April 2025.
• PWCmajorStrategic or Co-development PartnerCollaboration on modernizing supply chain finance. Joint white paper (November 2025) on how technology-enabled solutions are making supply chain finance more flexible, efficient, and rewarding for enterprises and suppliers.
• MTN NigeriamajorChannel Partner/ Reseller/ DistributorMajor telecom company enrolled on CycleFlow platform, providing supply chain finance access to their MSME supplier network in Nigeria.
• IHS TowersmajorChannel Partner/ Reseller/ DistributorInfrastructure company enrolled on CycleFlow platform, enabling early payment access for their MSME suppliers in Nigeria.
• Costco WholesalecoreChannel Partner/ Reseller/ DistributorFortune 100 buyer partner. VP Merchandise Accounting noted: 'Our partnership with C2FO is a great example of what can be accomplished when thoughtful, ethical organizations are willing to challenge the status quo.'
• PhilipscoreChannel Partner/ Reseller/ DistributorGlobal Head of Indirect Procurement: 'We felt we were lagging behind in terms of innovation. We chose to implement the C2FO platform, which has evolved traditional dynamic discounting to a stronger market-based model.'

Scale indicators19 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Demica: A supply chain finance and working capital platform serving banks, corporates, and suppliers with receivables financing and dynamic discounting solutions. Overlaps directly with C2FO's Dynamic Supplier Finance and Early Pay offerings.
• PrimeRevenue: One of the largest independent supply chain finance platforms globally, providing supplier financing, dynamic discounting, and receivables programs for large enterprise buyers. Directly comparable in product offering, buyer segment, and geography to C2FO.
• Taulia: A direct B2B supply chain finance and dynamic discounting platform (now part of SAP) offering early payment programs for enterprise buyers and their suppliers. Competes head-to-head with C2FO for Fortune 500 supply chain finance mandates.
• BlueVine: A US SMB-focused working capital platform offering invoice factoring and lines of credit. Comparable supplier-side value proposition to C2FO Early Pay for small businesses seeking non-dilutive working capital.
• Fundbox: A working capital platform providing invoice-based financing and credit to small businesses. Comparable to C2FO on the supplier side for SMB cash flow solutions, though with shorter-term product focus.

Emerging players

• KredX: India-based invoice discounting and supply chain finance platform operating on the TReDS framework alongside C2treds. Comparable in serving MSME working capital needs and operating TReDS rails in India.
• Stenn: A fintech providing working capital and trade finance to international businesses, particularly in cross-border supply chains. Overlaps with C2FO's international supplier financing and emerging-market ambitions.
• Resolve: A B2B working capital platform offering early payment to suppliers and net-term financing to buyers. Closely comparable to C2FO's supplier financing model for mid-market and enterprise buyers.

Broad incumbents

• Citi (Treasury & Trade Solutions): Citi's Treasury & Trade Solutions division includes supply chain finance and dynamic discounting programs for global corporates, and is a historical investor in C2FO. Represents both a competitor and channel partner in the broader SCF market.
• JPMorgan (Supply Chain Finance): JPMorgan runs a large global Supply Chain Finance and Working Capital Management franchise as part of its Wholesale Payments business. Competes with C2FO for enterprise treasury programs, leveraging captive bank balance sheet funding.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/c2fo
• Facebookfacebook.com/c2fo.official
• LinkedInlinkedin.com/company/c2fo

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds10 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about C2FO