eFactorNetwork
eFactor Network is a Mexico-based multi-bank supply chain finance platform founded in 2008 that connects corporate buyers, suppliers, and 40+ financial institutions across 30+ countries to provide working capital, receivables financing, and invoice-based funding solutions.
- Company typePrivate
- Founded2009
- HeadquartersGarcia, Mexico
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What eFactorNetwork does
eFactor Network S.A.P.I. de C.V., founded in 2008 and headquartered in San Pedro Garza García, Mexico, is a multi-bank, web-based working capital finance platform that connects corporate buyers, suppliers, and over 40 financial institutions across more than 30 countries and three currencies (MXN, USD, EUR). Its core products are the eFactor Network Platform, a Supply Chain Finance (SCF) module that addresses the funding gap between corporate buyers paying suppliers and receiving customer payments, a Supplier Onboarding module for automated registration, and two customer portals (SCF Platform and Link Platform). The wholly-owned subsidiary eFactor Diez allows clients to use their own cash for financing on-platform, lowering cost and risk relative to third-party funding.
The business model is a transaction-fee model: eFactor Network earns platform facilitation fees for connecting funders with corporate buyers and suppliers in supply chain and receivable finance programs, while funders earn interest on the short-term financing they provide. Go-to-market combines direct enterprise sales with specialized promoters supporting each customer segment and a partner-led distribution channel in which the 40+ financial institution funders introduce eFactor Network to their own clients. Pricing is quote-based and not publicly disclosed. The company has processed roughly MXN 100 billion (~USD 5 billion) in invoices over 14 years and serves a network of 20,000+ companies, with notable enterprise relationships including CEMEX (via BBVA México, MXN 1.6 billion factoring line), Trafigura (sustainable mining finance program), and FIRA (4,000+ agricultural suppliers). The platform claims 100% paperless processing, funding in as fast as 24 hours, and 100% compliance with auditors and regulators.
The company has raised USD 10 million from IFC (World Bank Group) and Dalus Capital in June 2018, operates offices in Monterrey, Celaya, Mexico City, and Madrid, and is led by CEO Héctor De La Garza. Its 2023 recognition by CFI as 'Best Digital Supply Chain Finance Platform LATAM 2023' reflects its regional positioning against global SCF platforms.
eFactorNetwork firmographics
Firmographics- Name
- eFactorNetwork
- Legal name
- eFactor Network S.A.P.I. de C.V.
- Website
- http://www.efactornetwork.com/
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- eFactor Network is a Mexico-based multi-bank supply chain finance platform founded in 2008 that connects corporate buyers, suppliers, and 40+ financial institutions across 30+ countries to provide working capital, receivables financing, and invoice-based funding solutions.
- Ownership category
- akta.pro rank
eFactorNetwork industry classification
Industry- Product category
- Supply Chain Finance Platform
- NAICS
- Sales Financing (52222), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
- akta.pro secondary industries
- Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN), Cross-border Payments & FX for E-commerce (CRAFALAF)
Keywords
Where eFactorNetwork is headquartered
LocationHeadquarters
- HQ city
- Garcia
- HQ country
- Mexico
- HQ region
- Latin America
Offices4 records
Markets served
eFactorNetwork business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D
Revenue model
- Platform Facilitation Fees: Facilitates financing between corporate buyers, suppliers, and financial institutions. Revenue generated through platform fees from connecting funders with buyers and suppliers in supply chain finance programs.
- Working Capital Finance Programs: Enables funding partners to participate in supply chain finance and receivable finance programs. Funders generate revenue through interest on short-term financing while eFactor Network earns platform facilitation fees.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
eFactorNetwork product offering
Product offeringCore offering
eFactor Network operates a multi-bank, web-based financing platform that connects corporate buyers, suppliers and over 40 financial institutions to deliver supply chain finance and receivable finance solutions. The platform enables electronic invoice tracking, validation and early payment processing across multiple currencies (MXN, USD, EUR) and more than 30 countries, processing over USD 5 billion in invoices cumulatively.
Product overview
eFactor Network offers a unified multi-bank platform for working capital finance solutions. The core platform connects over 20,000 corporate buyers, suppliers, and 40+ financial institutions across 30+ countries. The product portfolio centers on the main eFactor Network Platform, complemented by Supply Chain Finance (SCF) for financing programs, Supplier Onboarding for automated registration, and two customer portals (SCF Platform and Link Platform). A subsidiary, eFactor Diez, provides in-house funding capabilities. The platform processes MXN 100 billion (USD 5 billion) in invoices annually and enables 24-hour cash acceleration.
Differentiator
Problem solved
Functional benefit
Products and services
- eFactor Network Platform A multi-bank working capital finance platform that connects corporate buyers, suppliers, and over 40 financial institutions, enabling invoice tracking, validation, and early payment financing in multiple currencies and countries.
- Supply Chain Finance (SCF) A financing solution that helps buying organizations cover the funding gap between paying suppliers and receiving payment from customers, improving working capital for both parties.
- Supplier Onboarding Automated web-based platform for efficient supplier registration and enrollment into financing programs, enabling rapid onboarding with tools including case studies and financial benefit calculators.
- SCF Platform Customer portal for supply chain finance operations, providing access to financing programs and transaction management.
- Link Platform Additional customer portal offering for clients to access financing solutions and manage transactions.
- eFactor Diez Wholly-owned subsidiary that allows customers to use their own cash for financing through the platform, resulting in lower costs and financing risks.
Quantifiable outcome
- USD 5 billion+ provided directly to businesses over 14 years
- +4 more outcomes
Companies that use eFactorNetwork
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
eFactorNetwork technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
eFactorNetwork partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered major, minor and core.
- TrafiguramajorTrafigura will test a sustainable supply chain financing program for Mexican miners through eFactor Network's platform, demonstrating international commodity trader's confidence in the platform.
- FIRAmajorPartnership between eFactor Network and FIRA to support more than 4,000 suppliers in the agricultural sector with factoring solutions, expanding financial inclusion in Mexico.
- PrimeRevenueminorStrategic partnership for supply chain finance collaboration. Dan Juliano and eFactor Network CEO Héctor De La Garza discussed EFN's experience in trade finance through this partnership.
- eFactor DiezcoreSubsidiary/filial that allows clients to use their own cash for financing through the platform, providing additional flexibility and resulting in lower costs and financing risks.
Scale indicators9 records
Recent moves7 records
Expansion highlights5 records
eFactorNetwork competitors and assessment
Company assessmentOthers
Regional players
- Creditas: Brazilian and Mexican consumer/SME secured lending platform. Regional LatAm fintech with adjacent working capital offerings for SMBs though focused on collateral-based lending rather than SCF.
- Konfío: Mexican fintech providing working capital loans to SMEs. Regional competitor in the Mexican market with overlapping supplier/customer base but more direct-lending model rather than marketplace facilitation.
- Kueski: Mexican online consumer and SMB lending fintech. Regional LatAm player offering working capital solutions to similar SMB segments though primarily direct lender rather than multi-bank marketplace.
Direct peers
- PrimeRevenue: Global multi-funder supply chain finance platform connecting corporates with a network of banks and funders. Named directly as a strategic partner of eFactor Network, it competes head-to-head in multi-bank SCF programs across geographies.
- Orbian: Supply chain finance provider offering working capital solutions to corporates and their supplier networks via a multi-funder platform. Directly comparable multi-bank SCF infrastructure and supplier financing model.
- C2FO: Global working capital marketplace allowing companies to accelerate receivables and extend payables. Comparable three-sided model connecting buyers, suppliers, and funders with similar multi-currency capabilities.
- Demica: Supply chain finance platform operated by a major bank, providing receivables and payables financing programs for corporates and their suppliers. Directly comparable to eFactor's SCF and factoring product suite.
- Taulia (SAP): Working capital management platform owned by SAP that connects buyers and suppliers via early payment and dynamic discounting. Competes with eFactor in the multi-bank supply chain finance category with similar ERP integrations.
Broad incumbents
- BBVA Trade & Working Capital Solutions: Major global bank offering supply chain finance, factoring, and receivables financing as part of its broader transaction banking franchise. Functions both as eFactor's bank partner and broad incumbent competitor for corporate treasury relationships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
eFactorNetwork social profiles
Digital presenceeFactorNetwork compliance and trust
Trust signalCompliance1 record
eFactorNetwork financial estimates
Financial estimateRevenue estimate
Valuation estimate
eFactorNetwork leadership team
Management profileNumber of profiles
Profiles1 record
eFactorNetwork subsidiaries and ownership
Company hierarchySubsidiaries1 record
eFactorNetwork funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
eFactorNetwork M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about eFactorNetwork
What does eFactorNetwork do?
eFactor Network operates a multi-bank, web-based financing platform that connects corporate buyers, suppliers and over 40 financial institutions to deliver supply chain finance and receivable finance solutions. The platform enables electronic invoice tracking, validation and early payment processing across multiple currencies (MXN, USD, EUR) and more than 30 countries, processing over USD 5 billion in invoices cumulatively.
Is eFactorNetwork a public or private company?
eFactorNetwork is a private company. It is classified as venture growth investor backed and is currently operating.
When was eFactorNetwork founded?
eFactorNetwork was founded in 2009. It employs 51 to 100 people.
Where is eFactorNetwork based?
eFactorNetwork is headquartered in Garcia, Mexico, in the Latin America region.
How does eFactorNetwork make money?
Two revenue lines are on record. Platform Facilitation Fees are the primary driver. The others are working Capital Finance Programs.
Who are eFactorNetwork's main competitors?
Mercado Pago is listed as an others. Regional players are Creditas, Konfío and Kueski. Direct peers are PrimeRevenue, Orbian, C2FO, Demica and Taulia (SAP). BBVA Trade & Working Capital Solutions is listed as a broad incumbent.
Does eFactorNetwork have an API?
No public API is recorded for eFactorNetwork.
What industry is eFactorNetwork in?
eFactorNetwork's product category is Supply Chain Finance Platform. Its primary akta.pro industry code is FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure, with a secondary code of FSAGABAN, Payouts, Disbursements & Mass Payments Infrastructure. Its NAICS code is 52222 and its SIC code is 6159.