efcom gmbh and Lenvi Riskfactor (UK) have signed a partnership agreement to bring together their expertise and market leading technology to provide customers with connected experiences and continue to drive innovation for the receivables finance industry.
Lenvi Riskfactor is a global leader and innovator in risk management software. The technology is used globally by receivables finance providers and asset-based lenders to manage risk, reduce fraud and maximise efficiency. Lenvi Riskfactor has been built and iterated over 20 years by industry experts and is the trusted risk partner protecting customer portfolios for more than 50 lenders spanning 18 global locations.
By partnering with Lenvi Riskfactor, efcom bolsters the existing risk functionality aided to their clients, enabling lenders to better safeguard and scale their portfolios. This collaboration will provide deeper insights, reducing risk exposure while optimising growth opportunities for efcom clients.
Though efcom already has a risk management module, clients seeking deeper data insights can now use the integrated Lenvi Riskfactor solution. Clients simply access Lenvi’s system through our application, which provides all the necessary information to understand their portfolio, enhancing risk detection and improving their market position.
Federico Avellan Borgmeyer, Chief Partner Officer at efcom
Ahmed Amin, Sales Director at Lenvi Riskfactor, comments: “Our partnership with efcom provides opportunity for the companies to better serve our existing mutual customers, developing more aligned product proposals and innovating together. In addition to this, we see efcom as a strategic partner due to their position as a leader in the DACH region, a complementary market for Lenvi Riskfactor as we continue to expand our global presence.”
About Lenvi
Founded in 2023, Lenvi is a fintech specialising in B2B consumer and commercial lending software and solutions. It combines global expertise, market insight and end-to-end services to provide loan management software, risk management software, mortgage and loan servicing, standby servicing, and Know Your Customer (KYC). Lenvi was formed from EQ Credit Services, EQ Riskfactor and EQ KYC Solutions.
About Lenvi Riskfactor
Riskfactor is Lenvi’s highly successful risk management software, using unique risk metrics to boost operational efficiency for businesses. Riskfactor is used globally by receivables finance providers and asset-based lenders to manage risk, reduce fraud and maximise efficiency
About еfcom
efcom is a leading provider of factoring software solutions. Founded almost 25 years ago and based near the European financial centre of Frankfurt am Main, efcom and its subsidiaries and partners now serve almost 50 well-known financial institutions such as Deutsche Bank-Postbank, HSBC, BNP Paribas, Unicredit, BBVA, Eurofactor, Raiffeisenbank, Allianz-Bank, FinTechs, large companies and many more. In 2024, efcom's customers will reach a factoring volume of over 200 billion euros with over 500 million invoices.
Find out more at www.efcom.de/en