Step by step to success.

from start-up to global player

over the course of almost 20 years.

The initial idea was to shake up the financial markets with a practical factoring software solution. It was an idea they put into immediate action: our four founders established efcom gmbh and then over the ensuing years they made it into one of the leading providers in this field – first in Germany and then throughout Europe.

2000: The race is on

efcom gmbh is officially established in December. The company’s head office is registered in Egelsbach, south-west Germany.

2001: Off we go

The first employees are hired. In addition, the first version of ef3 is used by clients – based on an Oracle database. An in-depth market analysis provided the necessary practical knowledge for its success.

2002: We’ve done it

efcom becomes market leader in Germany in the area of factoring software.

2004: Going global

The focus turns to developing compelling add-on modules, especially for transnational financial transactions. Based on these, the first foreign clients were acquired: HVB Slovakia in Slovakia and FactorBank AG in Vienna, Austria.

2005: Time to relocate

We move our head office to Neu-Isenburg, just up the road from the former one.

2007: Eastern Europe

We establish a presence in several Eastern European countries.

2008: Austria

efcom also becomes market leader in factoring solutions in Austria.

2009: Premiere

A new solution for bulk data processing is developed: ef3premium plus.

2011: Personnel

29 colleagues now work at efcom.

2012: Enhancement

The reverse factoring module offers a solution tailored to the needs of supply chain finance. This year marks the 10th time efcom has held the Factoring Symposium – an international symposium for factoring experts and IT service providers.

2014: efcom knows no boundaries

Across Europe, 32 factoring institutes in 9 countries use efcom.

2015: efOnline

The new efOnline web portal is launched.

2017: Switzerland

efcom also becomes the market leader in factoring software in the second Alpine republic.

2018: Clear edge

efcom repositions itself with a modern logo and fresh new website.