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eFactor Network - About the company

eFactor Network is a series A company based in Monterrey (Mexico), founded in 2009 by Hector De La Garza. It operates as an Online marketplace for invoice financing. eFactor Network has raised $10M in funding from IFC and Dalus Capital. The company has 492 active competitors, including 136 funded and 45 that have exited. Its top competitors include companies like Ebury, Taulia and CapBay.

Company Details

eFactor Network is an online marketplace for invoice financing. It networks suppliers, buyers, and funders and allows suppliers to receive invoice financing for working capital. It facilitates electronic factoring finance services, compliance management & auditing, electronic transactions, multi-currency funding, and more.
Social
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Email ID
*****@efactornetwork.com
Phone Number
+52 **********
Key Metrics
Founded Year
2009
Location
Monterrey, Mexico
Stage
Series A
Total Funding
$10M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
73 as on Jul 31, 2026
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eFactor Network's funding and investors

eFactor Network has raised a total funding of $10M over 1 round. Its latest funding round was a Series A round on Jun 07, 2018 for $*****. 2 investors participated in its latest round. eFactor Network has 2 institutional investors.

Here is the list of recent funding rounds of eFactor Network:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 07, 2018
3315779
Series A
2162285
2431060
7246178
7925964
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eFactor Network's founders and board of directors

Founder? Claim Profile
The founders of eFactor Network is Hector De La Garza. Hector De La Garza is the CEO of eFactor Network.
Here are the details of eFactor Network's key team members:

eFactor Network's employee count trend

eFactor Network has 73 employees as of Jul 26. Here is eFactor Network's employee count trend over the years:
Employee count trend for eFactor Network
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eFactor Network's Competitors and alternates

Top competitors of eFactor Network include Ebury, Taulia and CapBay. Here is the list of Top 10 competitors of eFactor Network, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ebury
Ebury
2009, London (United Kingdom), Acquired
Provider of global payment solutions, currency risk management, and business lending
$374M
79/100
2nd
Logo for Taulia
Taulia
2009, San Francisco (United States), Acquired
AI-based electronic invoicing and supply chain management solution for businesses
$220M
73/100
3rd
Logo for CapBay
CapBay
2016, Petaling Jaya (Malaysia), Series A
Provider of AI-based P2P marketplace for supply chain financing solutions
$27.5M
67/100
4th
Provider of an online marketplace for invoice financing
$265M
64/100
5th
Logo for LSQ
LSQ
1996, Orlando (United States), Acquired
Online marketplace for trade financing
$130M
63/100
6th
Logo for First Circle
First Circle
2016, Taguig (Philippines), Series B
Online platform for trade financing
$37.1M
61/100
7th
Logo for AwanTunai
AwanTunai
2017, Jakarta (Indonesia), Series B
Provider of supply chain digitization by ERP systems with embedded financing
$55.8M
60/100
8th
Logo for CredAble
CredAble
2017, Mumbai (India), Series B
Provider of working capital solutions and supply chain finance programs
$49.2M
59/100
9th
Logo for Mynd Fintech
Mynd Fintech
2002, Gurugram (India), Series A
Online marketplace for supply chain financing
$16.3M
59/100
10th
Logo for Candex
Candex
2011, San Francisco (United States), Series C
Online platform for invoice financing
$120M
59/100
95th
Logo for eFactor Network
eFactor Network
2009, Monterrey (Mexico), Series A
Online marketplace for invoice financing
$10M
38/100
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eFactor Network's Investments and acquisitions

eFactor Network has made no investments or acquisitions yet.

Reports related to eFactor Network

Here is the latest report on eFactor Network's sector:

News related to eFactor Network

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