Neu-Isenburg, September 2025 – efcom and finstreet are launching a partnership that supports banks and financial service providers in a key area: the digital onboarding of their customers. While efcom’s factoring software has been mapping the operational core of the business for many years, finstreet provides the right solution for the first interface between the bank and the customer – including automated KYC checks and end-to-end workflows. The result: an efficient, transparent and regulatory-compliant start to the customer relationship.

Federico Avellán Borgmeyer, Chief Partner Officer at efcom, says: ‘We understand the complexity of the processes involved in the factoring business. So it’s all the better when these can be significantly reduced in specific areas – for example, during onboarding. With finstreet, we are gaining a partner who can set new standards in terms of simplification, greater transparency and security.’

Fabian Kammering, Managing Partner at finstreet, adds: ‘It was no coincidence that we came together with efcom: we complement each other perfectly and thus deliver enormous added value to customers. In my view, we are at the beginning of a very exciting journey from which both companies can only benefit.’

About finstreet
Based in Münster/Germany, finstreet GmbH has been supporting banks and financial service providers in their digital transformation since 2018. With a combination of consulting, SaaS products and custom software development, finstreet has already helped over 400 institutions implement efficient, regulatory-compliant customer processes. With its eco.banking platform, the company offers a modular solution for digital customer onboarding – from needs assessment to contract signing.

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