Efcom and Lenvi Riskfactor forge global partnership to innovate receivables finance

Efcom and Lenvi Riskfactor forge global partnership to innovate receivables finance

Efcom and Lenvi Riskfactor (UK) have recently announced a strategic partnership aimed at revolutionising the receivables finance industry.

Lenvi Riskfactor is recognised as a global pioneer in risk management software, utilised worldwide by receivables finance providers and asset-based lenders. The software assists in managing risks, curtailing fraud, and maximising efficiency.

Over the past 20 years, Lenvi Riskfactor has evolved through continuous refinement by industry experts, becoming the trusted risk management partner for over 50 lenders across 18 international locations.

Efcom is enhancing its risk management offerings by partnering with Lenvi Riskfactor, which will enable lenders to more effectively protect and expand their portfolios. This partnership promises to deliver deeper insights into data, thereby mitigating risk exposure and optimising growth potential for efcom’s clients.

Federico Avellan Borgmeyer, chief partner officer at efcom, said, “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.”

Ahmed Amin, sales director at Lenvi Riskfactor, also commented on the collaboration: “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.”

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