“We’re very happy with dollars raised and our partners,” Sandy Kemper, chief executive officer of C2FO, said in an interview. “This allows faster acceleration of what we were doing previously, especially in terms of geography,” he added, noting that the Middle East and Europe are two areas for further expansion. The firm said it reached profitability in North America last year, though other regions have yet to reach this threshold.

https://www.bloomberg.com/news/articles/2018-02-27/allianz-investment-arm-co-leads-funding-round-in-fintech-c2fo