efcom opens up new potential for the Asia and MENA regions through partnership with Xilligence

Federico Avellán Borgmeyer & Arnulf Romann EFCOM

Merlin Antony & Vikram Nair XILIGENCE

  • New partnership with Xilligence/Toronto, with regional offices in India, Singapore and UAE
  • Focus on mutual support for access to markets
  • efcom expands global network through Xilligence’ Sales & Service Organization

Neu-Isenburg, January 2023 – efcom gmbh has entered into a new partnership with Xilligence Ltd. (Xilligence.com). The aim is to provide each other with better access to their respective markets. In detail, it is about acting as a recommendation partner for each other’s products and/or services. “We see this as another important step towards expanding our partner network around the world,” affirms Federico Avellán Borgmeyer, Chief Partner Officer at efcom. “The expert support of our local partner will enable efcom to offer our best-in-class factoring solutions and local services to prospective clients, i.e., with a direct presence not only from Germany or Spain but also through Xilligence’s regional offices in Dubai, Singapore and Trivandrum/India in addition to its headquarters in Toronto/Canada.”


The strategic plan is to help launch each other’s products and service support as part of the mutual partnership. This involves managing contacts, providing information and documentation, assisting in implementing and supporting the after-sales support function. “For us, it’s about increasing the awareness of efcom in the markets mentioned, expanding the offering to other markets and supporting financial institutions locally to build a factoring business with factoring as a service. We believe we have in Xilligence a first-class partner on board who will stand by us.” agree Arnulf Roman (CEO efcom) and Federico Avellán Borgmeyer (CPO efcom) when signing the partnership agreement.


“efcom is the clear leader in factoring software products,” said Vikram Nair, CEO of Xilligence. Xilligence is very pleased in being able to offer our clients and partners these market-leading factoring solutions & services. We are looking forward to a long and productive partnership with efcom.”


About efcom:
efcom is a leading provider of factoring software solutions. Founded and headquartered at the heart of Europe’s financial capital near Frankfurt/Main over 20 years ago, it now serves, along with its participations and partners, nearly 50 fine and renowned financial institutions such as Deutsche Bank-Postbank, HSBC, BNP Paribas, Unicredit, BBVA, Eurofactor, Raiffeisenbank, Allianz-Bank, NovaKBM, FinTechs, large corporations and many more. During 2022, efcom’s clients will achieve a factoring volume in excess of 200 billion Euros with over 100 million invoices and over 1 million buyers and sellers. Learn more at www.efcom.de/en


About Xiligence:
Xilligence is a product engineering company with a head office in Toronto, Canada, and offices in India, Singapore, and UAE. Operating in North America, Southeast Asia, the Middle East, and Australia, Xilligence focuses on providing world-class technology services and solutions for our clients and partners. We work hard to ensure that our values of integrity, respect for others, accountability, and good citizenship are reflected in how we operate as a company. Xilligence partners with progressive organizations worldwide to address their technology needs. From smartphones to the web, from desktops to the cloud, from AI to Big Data, Xilligence helps start-ups as well as large global enterprises navigate today’s advanced technology landscape to stay competitive.www.xilligence.com