M1xchange, an RBI-approved Treds platform, has acquired C2FO India. M1xchange operates as a licensed Trade Receivables Electronic Discounting System. C2FO manages C2Treds under the same license, which it plans to relinquish. The parent firm of C2FO India, Pollen Inc. or C2FO US, specializes in early payment solutions for small businesses and handles approximately $500 billion in transactions in the US, Europe, and beyond.
