C2FO acquires India’s largest early payment platform Priority Vendor
C2FO, a global provider of working capital solutions has cemented its position in India by acquiring the country’s largest early payment platform, Priority Vendor.
Their combined network of more than 200 corporates will now be able to enhance returns on liquidity and strengthen the supply chain system. More than 350,000 companies across 173 countries utilize C2FO’s working capital solutions to take control of their cash flow and receive over $1 billion in funding every week.
“This is an important milestone in C2FO India’s journey. The acquisition of Priority Vendor enables us to strengthen our position in the working capital space and to offer our customers’ more flexible and convenient solutions than ever before. C2FO services and supplier-led pricing model fully complement Priority Vendor’s unique digital financing solutions built exclusively for Indian businesses. We are also delighted to welcome Priority Vendor’s energetic and entrepreneurial leadership and team to join C2FO’s global talent pool,” said Pradeep Gode, Country Head, India.