BIG News

C2FO Earns Spot on Forbes Fintech 50 List

For the second year in a row, Fairway’s C2FO was named to Forbes’ Fintech 50 List of tech companies that are changing the landscape of the financial industry.

C2FO was the only company from Kansas on the Fintech 50—in fact, it was one of a very few that aren’t from California or New York.

“Pursuing the compelling goal of liberating working capital requires dedication, teamwork and innovation. Over the past year, we have experienced tremendous customer and revenue growth as more and more global organizations of all sizes have joined our marketplace,” said Kerri Thurston, C2FO senior vice president of finance.

C2FO has created an online marketplace for working capital, and its users include some of the world’s biggest companies and their supplier. It helps companies with extra cash on hand find suppliers who would offer a discount in exchange for quick payment. C2FO then takes about 35 percent of the discount.

“We are proud to partner with leading companies that understand the importance of strengthening the supply chain ecosystem in an increasingly competitive global market,” said Sanjay Gupta, C2FO chief operating officer. “We are pleased to be recognized by Forbes not only for our intent but for our work to create a more efficient and de-risked market for working capital that benefits companies around the world.”