• Close partnership between efcom and eFinance Investment Group from Egypt
• Goal: Provision of efcom software solutions for the North African factoring market
• Win-win situation for companies through local high-end IT service and support
  

 

Neu-Isenburg/Kairo 2025 – efcom gmbh and the eFinance Investment Group (EFIG) have agreed on a close partnership. The aim of the agreement is to utilise the synergies of both companies to provide factoring companies from Egypt and North Africa with access to efcom software solutions in the area of factoring. The EFIG subsidiary eFinance Cloud will provide the data centre infrastructure and relevant services for hosting our applications in Egypt.

 

Federico Avellán Borgmeyer, Chief Partner Officer at efcom, emphasises: ‘We see eFinance as a reliable partner to host our applications for financial institutions in Egypt and possibly neighbouring countries. Above all, with eFinance we can be sure that all relevant local regulatory requirements for hosting financial systems are met. From our point of view, this is a real milestone for this region!’ This is also emphasised by Alaa El Esnawy, Cloud Partnerships & Channel Management Supervisor at eFinance: ‘We operate the largest cloud computing platform in the country and are always on the lookout for interesting players who offer state-of-the-art tools for the financial sector based on our services. In efcom, we have found someone like that. In short, this is where high-end factoring solutions from Germany meet high-end IT support from Egypt. That can only be exciting.’

 

eFinance is part of EFIG and has been providing hosting services for 15 years. The company’s portfolio includes innovative cloud solutions and comprehensive cloud hosting services for various sectors in the Egyptian market, including many key institutions and government agencies. eFinance has partnerships with global companies such as Dell, IBM, Cisco, Palo Alto Networks, Citrix and Huawei. eFinance currently employs more than 900 people and is one of the leading companies in Egypt driving the country’s digital revolution.

 

More on:
www.efinanceinvestment.com
www.efinance.com.eg
www.efinancecloud.com