11 September 2025 | Thursday | News
Picture Courtesy | Public Domain
C2FO, the world's largest platform for working capital, has been recognized in the B20 South Africa policy recommendations presented to G20 leaders as a critical solution for driving inclusive economic growth through its innovative early payment platform.
The B20 policy paper specifically highlights C2FO's strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, as an exemplary model for supporting small and medium-sized enterprises (SMEs) in developing economies.
"IFC, member of the World Bank Group, and C2FO have already established a strategic partnership to boost job growth and economic prosperity in emerging markets and developing economies," the B20 report states. "Their first joint initiative focuses on enhancing financing for local enterprises in Africa through the development of a specialised, web-based multinational working capital platform for MSMEs. This marks IFC's inaugural supply chain financing facility in Africa dedicated to smaller businesses, aiming to provide essential liquidity to MSMEs without relying on risk-based underwriting."
This partnership aligns with the IFC's African Trade and Supply Chain Finance Program (ATRI), which aims to address the $331 billionfinancing gap facing African MSMEs. The B20 paper notes that C2FO's technology platform serves as a critical "Platform Integrator" that can embed financial services directly into business operations through API collaborations, providing essential working capital to underserved businesses.
"Access to working capital should never be the barrier that holds back innovation or growth," said Alexander "Sandy" Kemper, CEO at C2FO. "We are honored to see our work recognized at the B20, and we remain committed to ensuring that every business—no matter how big or small—has the liquidity it needs to thrive."
Fintech Business Asia, a business of FinTech Business Review
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