C2FO becomes fourth Indian invoice finance platform to join TReDs


C2FO, a global on-demand working capital platform, has announced that its India arm C2FO Factoring Solutions Private Limited has got an in-principle approval from the Reserve Bank of India to set up and operate Trade Receivable Discounting Systems (TReDS) platform. Currently, there are three TReDs platforms running in India, including Receivables Exchange of India Ltd (RXIL), M1Xchange and Invoicemart, which are operational since 2017. With this approval, C2FO has become the fourth platform to receive TReDs license.



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Posted on Nov 8, 2022
Region: India
invoice finance
Fintech, Factoring, C2FO, TReDS