The Central Bank of India has entered into a strategic partnership with C2FO Factoring Solutions Pvt. Ltd., a licensed Trade Receivables Discounting System (TReDS) platform, to enhance financing solutions for MSMEs across the country.
Under the agreement, Central Bank of India will leverage C2Treds, the digital invoice discounting platform of C2FO, to provide seamless trade receivables financing. The move aims to improve liquidity access for small and medium enterprises while strengthening financial inclusion.
C2FO, a US-based organization founded in 2010, operates globally and established its Indian subsidiary, C2FO Factoring Solutions Pvt. Ltd., with RBI approval in March 2024 to run TReDS operations under the C2Treds brand.
The bank said this partnership aligns with the Reserve Bank of India’s push to expand digital financing avenues for MSMEs and promote transparent, efficient trade receivables management.
