Eftsure
Eftsure is an Australian B2B SaaS company providing end-to-end payment protection and vendor verification software to enterprise finance teams, safeguarding $216B in annual payments across ANZ, the US, and Europe.
- Company typePrivate
- Founded2016
- HeadquartersNorth Sydney, Australia
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Eftsure does
Eftsure is an Australian-headquartered B2B payment protection software company that provides an end-to-end verification platform to mitigate B2B payment error, fraud, and cybercrime for enterprise accounts payable and treasury teams. The platform is built around four core modules — Vendor Management, Payment Protection, Segregation of Duties, and Audit and Reporting — augmented by the Eftsure Guarantee (up to $1M per-customer coverage for social-engineering fraud losses), International Vendor Verification across Europe, US, Canada, India, Japan, South Korea, and China, and a Check-to-ACH migration tool. Its technology combines a multi-layered verification database of supplier and bank-account details with AI-assisted anomaly detection and deepfake fraud detection, and the company holds SOC 2 Type 2, ISO 27001, and AES-256 certifications. Following the June 2025 acquisition of France-based Sis ID, the combined platform safeguards $216B in annual payments across Australia, New Zealand, the US, Europe, China, and India.
Eftsure operates an enterprise SaaS subscription model with annual contracts and quote-based pricing that is not publicly disclosed, distributing through a direct enterprise field-sales motion targeting CFOs, Accounts Payable, and Treasury buyers, supplemented by a self-serve vendor verification portal and integration partnerships with Kyriba, Nacha, and BNP Paribas. Named customers span large consumer and real estate enterprises including Sony, Chobani, 7-Eleven, Cushman & Wakefield, and Meriton, alongside HR-tech and services firms such as Employment Hero and CPB Group. The company is privately held, founded in 2014, headquartered in North Sydney with regional offices in Dallas and Auckland, employs between 251 and 500 people, and has raised approximately $4.5M across two rounds led by OIF Ventures.
Eftsure firmographics
Firmographics- Name
- Eftsure
- Legal name
- Eftsure
- Website
- https://eftsure.com.au
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Eftsure is an Australian B2B SaaS company providing end-to-end payment protection and vendor verification software to enterprise finance teams, safeguarding $216B in annual payments across ANZ, the US, and Europe.
- Ownership category
- akta.pro rank
Eftsure industry classification
Industry- Product category
- B2B Payment Fraud Prevention Software
- akta.pro primary industry
- ACH Payments Security & Fraud Monitoring (FSAMAGAL)
Keywords
Where Eftsure is headquartered
LocationHeadquarters
- HQ city
- North Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices3 records
Markets served
Eftsure business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription: Subscription-based B2B payment fraud prevention platform with enterprise pricing. The Eftsure Guarantee provides up to $1 million in coverage per customer for payment losses resulting from social engineering fraud.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise subscription with custom pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Eftsure product offering
Product offeringCore offering
Eftsure provides a multi-layered SaaS platform for B2B payment protection that mitigates payment error, fraud, and cybercrime across the procure-to-pay lifecycle. The platform verifies vendor bank account and business details, embeds fraud alerts in payment workflows, enforces segregation of duties, and centralizes audit and reporting for enterprise finance teams. Add-on modules include up to $1M in social-engineering fraud coverage, international vendor verification, and tools to migrate check payments to ACH.
Product overview
Eftsure offers an end-to-end B2B payment protection platform with a modular architecture. The core platform consists of four main modules: Vendor Management (for onboarding and verifying suppliers), Payment Protection (for fraud alerts during the procure-to-pay process), Segregation of Duties (for role-based access controls), and Audit and Reporting (for compliance monitoring). Additional modules include the Eftsure Guarantee (up to $1M coverage), International Vendor Verification (spanning Europe, US, Canada, India, Japan, South Korea, and China), and Check to ACH (for migrating to digital payments). Standalone tools include the Data Breach Checker and Deepfake Assessment. The platform also incorporates AI capabilities for anomaly detection, autonomous fraud analysis, and generative AI deepfake detection. Following the June 2025 merger with France-based Sis ID, the combined platform serves markets across Australia, New Zealand, US, Europe, China, and India.
Differentiator
Problem solved
Functional benefit
Products and services
- Vendor Management Core platform module that enables enterprises to onboard, verify, and manage supplier information with accurate TIN data as a single source of truth for vendor records.
- Payment Protection Core platform module that empowers accounts payable teams with fraud alerts and contextual payment information at every step of the procure-to-pay process to pay with confidence.
- Segregation of Duties Core platform module providing a digital interface with user roles and permissions that enforce standardized protocols, allowing enterprise teams to work autonomously and securely.
- Audit and Reporting Core platform module that centralizes payment and supplier data to simplify audit processes and ensure compliance through centralized management and monitoring.
- Eftsure Guarantee Financial protection product providing up to $1 million in coverage per customer for payment losses resulting from social engineering fraud on Eftsure-verified payments.
- International Vendor Verification Cross-border vendor verification service enabling enterprises to validate vendor and bank account details across Europe, the US, Canada, India, Japan, South Korea, and China.
- Check to ACH Solution that enables organizations to safely migrate check-based vendor payments to digital ACH transactions with verification.
- Data Breach Checker Free standalone tool that allows users to check whether their email has been exposed in known data breaches and view associated breach details.
- Deepfake Assessment Standalone assessment tool that evaluates an organization's readiness and vulnerability to AI deepfake fraud threats, including synthetic voice and video attacks.
- Recruitment Payment Verification Extended verification workflow for recruitment firms that validates contractor and sole trader payment files each pay cycle, addressing fraud in high-volume, high-turnover contractor payment environments.
Quantifiable outcome
- $216B in payments safeguarded annually
- +2 more outcomes
Companies that use Eftsure
Customer profileNamed customers12 records
Segments9 records
Ideal customer profiles2 records
Eftsure technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability4 records
Feature9 records
Eftsure partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core, supporting and flagship.
- KyribacoreKyriba, a global leader in liquidity performance, collaborated with Eftsure to integrate independent verification of vendor and bank account details into Kyriba's connected liquidity and payment orchestration platform. The partnership enables fraud prevention earlier in the payment lifecycle, addressing vendor impersonation, account redirection scams, and business email compromise attacks.
- NachasupportingEftsure partnered with Nacha as part of its international payment verification service launch across multiple countries including Europe, US, Canada, India, Japan, and South Korea.
- BNP ParibassupportingEftsure partnered with BNP Paribas as part of its international payment verification service launch to reduce risks associated with international payments and fraud.
- Sis IDflagshipEftsure merged with France-based Sis ID to expand international payment protection services. The merger enables the combined platform to provide coverage in major markets including Australia, New Zealand, US, Europe, China, and India, creating the world's largest payment protection platform.
Scale indicators10 records
Recent moves5 records
Expansion highlights5 records
Eftsure competitors and assessment
Company assessmentDirect peers
- Tipalti: Tipalti provides end-to-end AP automation and global mass payments with vendor master management and payment validation capabilities. It serves a similar mid-market and enterprise finance buyer and competes directly with Eftsure's vendor verification and payment protection layer.
- AvidXchange: AvidXchange automates AP and bill payment for mid-market and enterprise customers, with embedded vendor verification and payment controls. Like Eftsure, it targets Accounts Payable and Treasury teams seeking to reduce manual payment workflows and fraud risk.
- Bill.com: Bill.com offers AP/AR automation and B2B payments for SMB and mid-market customers, with vendor onboarding and payment routing features. It overlaps with Eftsure's payment protection and vendor verification capabilities, though it skews further downmarket.
- Stampli: Stampli is an AP automation platform with collaboration, invoice capture, and payment approval workflows used by mid-market finance teams. It addresses similar accounts payable fraud and control pain points as Eftsure's payment protection module.
- TIS (Treasury Intelligence Solutions): TIS provides a cloud-based payment hub for corporate treasuries with bank connectivity, payment validation, and fraud prevention across global banking partners. It addresses the same multi-bank payment-verification and risk-control challenges as Eftsure.
Broad incumbents
- Coupa: Coupa is a broad business spend management platform with native vendor master, invoice, and payment controls. As a larger incumbent in the broader procure-to-pay space, it competes with Eftsure by embedding payment verification into a wider suite.
- Bottomline Technologies: Bottomline provides treasury, payments, and fraud management solutions to large banks and corporates. It overlaps with Eftsure's B2B payment protection capabilities as part of a broader treasury and payments portfolio.
- Kyriba: Kyriba is a global treasury and liquidity management platform that is both a partner and adjacent competitor. Its payment orchestration layer overlaps conceptually with Eftsure's payment protection and is a distribution channel via the April 2026 integration.
- FIS: FIS is a large global financial technology provider offering treasury, payments, and fraud solutions to banks and corporates. Its enterprise payment and fraud offerings overlap with Eftsure's payment verification and BEC protection capabilities.
- Fiserv: Fiserv is a major payments and financial technology incumbent serving banks and merchants with processing, treasury, and risk solutions. Its broad portfolio competes tangentially with Eftsure at the enterprise B2B payment-fraud layer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Eftsure social profiles
Digital presenceEftsure compliance and trust
Trust signalCompliance3 records
Eftsure financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eftsure leadership team
Management profileNumber of profiles
Profiles3 records
Eftsure subsidiaries and ownership
Company hierarchySubsidiaries1 record
Eftsure funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eftsure M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eftsure
What does Eftsure do?
Eftsure provides a multi-layered SaaS platform for B2B payment protection that mitigates payment error, fraud, and cybercrime across the procure-to-pay lifecycle. The platform verifies vendor bank account and business details, embeds fraud alerts in payment workflows, enforces segregation of duties, and centralizes audit and reporting for enterprise finance teams. Add-on modules include up to $1M in social-engineering fraud coverage, international vendor verification, and tools to migrate check payments to ACH.
Is Eftsure a public or private company?
Eftsure is a private company. It is classified as venture growth investor backed and is currently operating.
When was Eftsure founded?
Eftsure was founded in 2016. It employs 251 to 500 people.
Where is Eftsure based?
Eftsure is headquartered in North Sydney, Australia, in the Oceania region.
How does Eftsure make money?
One revenue line is on record: saaS Subscription.
Who are Eftsure's main competitors?
Direct peers on record are Tipalti, AvidXchange, Bill.com, Stampli and TIS (Treasury Intelligence Solutions). Broad incumbents are Coupa, Bottomline Technologies, Kyriba, FIS and Fiserv.
Does Eftsure have an API?
Yes. Eftsure offers an API (https://developer.eftsure.com) enabling developers to access vendor verification and payment fraud prevention capabilities. The API supports integration of Eftsure's independent verification of vendor and bank account details into enterprise platforms. Developer documentation is at developer.eftsure.com.
What industry is Eftsure in?
Eftsure's product category is B2B Payment Fraud Prevention Software. Its primary akta.pro industry code is FSAMAGAL, ACH Payments Security & Fraud Monitoring.