Investment Summary

Allianz X Invests In C2FO

On February 27, 2018, corporate investor Allianz X invested in financial services company C2FO

Investment Highlights
  • This is Allianz X’s 2nd transaction in the Financial Services sector.
  • This is Allianz X’s 6th transaction in the United States.
  • This is Allianz X’s 1st transaction in Kansas.

Investment Summary

Date 2018-02-27
Target C2FO
Sector Financial Services
Investor(s) Allianz X
Deal Type Growth Capital

Target

C2FO

Leawood, Kansas, United States
C2FO is a fintech business that connects buyers and suppliers of goods and services with working capital funding needs. The C2FO B2B, an online platform utilizes technology to allow suppliers of multinational corporates to request accelerated invoice payment in exchange for a discount, thereby optimizing cash flows. C2FO was founded in 2008 and is based in Leawood, Kansas.

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Investor(S) 1

Investor

Allianz X

Investor Investor Investor


Category Corporate Investor
Founded 2013
PE ASSETS 2.0B EUR
Size Large
Type Sector Focused
DESCRIPTION

Allianz X is the growth-oriented investment arm of Germany insurance and financial services company Allianz Group. Allianz X looks to invest in and acquire expansion stage financial and insurance technology companies throughout the world. The Firm has special interest in businesses that can benefit from Allianz's expertise and global reach. Allianz X was formed in 2013 and is based in Munich.


DEAL STATS #
Overall 9 of 29
Sector: Financial Services M&A 2 of 7
Type: Growth Capital M&A Deals 2 of 4
State: Kansas M&A 1 of 1
Country: United States M&A 6 of 9
Year: 2018 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-08 amwell

Boston, Massachusetts, United States

amwell is a telehealth platform that connects and enables providers, insurers, patients, and innovators to deliver greater access to more affordable, higher quality care. Amwell offers a single, comprehensive platform to support all telehealth needs from urgent to acute and post-acute care, as well as chronic care management and healthy living. With over a decade of experience, Amwell powers telehealth solutions for over 130 health systems comprised of 2,000 hospitals and 55 health plan partners with over 7,000 employers, covering over 150 million lives. amwell was founded in 2006 and is based in Boston, Massachusetts.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-20 N26

Berlin, Germany

N26 is a digital bank offering mobile-first banking solutions, providing customers with account management, real-time payments, and financial tools through its app-based platform. N26 was founded in 2013 and is based in Berlin, Germany.

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