What is eftsure?
Founded in 2014 and headquartered in North Sydney, Australia, eftsure specializes in mitigating payment process risks and errors for organizations. The company's core offerings include robust supplier data verification, streamlined supplier onboarding, and ensuring payee compliance. Eftsure's technology provides a critical layer of security and efficiency for businesses navigating complex financial transactions.
How much funding has eftsure raised?
eftsure has raised a total of $2.5M across 1 funding round:
Other Financing Round
$2.5M
Other Financing Round (2019): $2.5M with participation from Stephen Allen and Innovation Fund
Key Investors in eftsure
Innovation Fund
Innovation Fund is an Australian venture capital firm focused on investing in high-growth businesses led by experienced entrepreneurs. They aim to back founders with a proven track record and a collaborative approach to business building.
What's next for eftsure?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for eftsure. This capital infusion is expected to accelerate product development, expand market reach, and enhance its capabilities in combating payment fraud and ensuring data integrity. The company is well-positioned to solidify its leadership in the payment security and supplier management sector, leveraging this backing to drive innovation and capture greater market share.
See full eftsure company page