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Resources | Uncategorized | 6 May 2024

C2FO’s Lifetime Funding to Suppliers Climbs Past £328 Billion

Explore the platform’s performance from the first quarter of 2024.


Blue background with wavy pattern, and text in the center reads "c2fo By the Numbers Q1 2024" in white and green, highlighting £328 Billion in Lifetime Funding for suppliers.

Explore the platform’s performance from the first quarter of 2024.

Since it was founded, C2FO has helped deliver more than £328 billion in early payments to companies around the world, providing those businesses with the working capital they need to meet payroll, buy inventory and pay other expenses. 

That’s according to the company’s latest performance numbers through the first quarter of 2024. 

With C2FO’s industry-leading platform, the world’s largest companies agree to pay their invoices weeks or even months ahead of schedule, in exchange for a small discount from their suppliers. 

Getting paid faster shrinks the cash conversion cycle for those smaller businesses, boosts their cash on hand and gives them another option for capital beyond traditional lenders and high interest rates.

In the first quarter of 2024: 

  • C2FO delivered approximately £16.3 billion in funding during that quarter alone.
  • On average, suppliers that used C2FO received customers’ invoice payments 31 days early.
  • So far, the platform has delivered £1.3 billion in early payments to diverse-owned businesses.

Explore C2FO’s results from Q1 2024

Check out the full report on our performance below.

Infographic titled "By the Numbers" detailing CF2Q1 2024's lifetime funding achievements: £328B+ in total funding, £794M C2FO impact, 85+ countries served, £16.3B to businesses, £616M in early payments to suppliers, 900K+ invoices uploaded, and a dedicated team of 630+.

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