When was Eftsure founded?

Eftsure was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Eftsure located?

Eftsure is headquartered in North Sydney, Australia.

Who is the current CEO of Eftsure?

Mark Chazan of Eftsure. They have also founded 1 company.

How many employees does Eftsure have?

As of May 31, 2026, the latest employee count at Eftsure is 293.

Is Eftsure a funded company?

Eftsure is a funded company, having raised a total of $4.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 06, 2017.

When was the latest funding round of Eftsure?

Eftsure's latest funding was a $***** Series A round on Aug 06, 2019, with participation from 2 investors.

Where does Eftsure rank among its competitors?

Eftsure ranks 9th amongst 30 active competitors, of which 7 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Encompass, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Eftsure?

Eftsure's top competitors include Encompass, ION Group and GBG. Among them, Encompass secured the most recent funding round in October, 2025.

Eftsure - 2026 Company Profile, Team, Funding & Competitors

Company Details

Real-time payment protection services for businesses. Assist businesses in reducing the risk of payment error, fraud, and cybercrime. Assist businesses in verifying supplier data and streamlining their supplier onboarding process.

Website: www.eftsure.com/
Social
Email ID: *****@eftsure.com.au
Phone Number: +61 **********

Key Metrics

Founded Year

2014

Location

North Sydney, Australia

Stage

Series A

Total Funding

$4.5M in 2 rounds

Latest Funding Round

Series A, Aug 06, 2019, $*****

Investors

OIF Ventures & 2 more

Ranked

9^th among 30 active competitors

Employee Count

293 as on May 31, 2026

Investment & Acquisitions

SiS-id

Similar Companies

Jumio & 401 more

View Eftsure's full profile

Eftsure has raised a total funding of $4.5M over 2 rounds. Its first funding round was on Jul 06, 2017. Its latest funding round was a Series A round on Aug 06, 2019 for $*****. 2 investors participated in its latest round. Eftsure has 2 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Eftsure:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 06, 2019	3655453	Series A	4111123	8526688	9234205	6017317
Jul 06, 2017	9157028	Seed	6904704	4790783	9668069	OIF Ventures

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View details of Eftsure's funding rounds and investors

The founders of Eftsure are Ian Mirels and Mark Chazan. Mark Chazan is the CEO of Eftsure.

Here are the details of Eftsure's key team members:

Ian Mirels: Founder of Eftsure.
Mark Chazan: Co-Founder & CEO of Eftsure and founder of 1 other company.
Contact Info: 2 email addresses

View details of Eftsure's Founder profiles and Board Members

Eftsure's employee count trend

Eftsure has 293 employees as of May 26. Here is Eftsure's employee count trend over the years:

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Top competitors of Eftsure include Encompass, ION Group and GBG. Here is the list of Top 10 competitors of Eftsure, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Encompass 2011, Sydney (Australia), Series B	Provider of automated software for corporate identity and compliance verification	$203M	Perennial, BNP Paribas & 27 others	69/100
2nd	ION Group 1998, New York City (United States), Late Stage	Treasury management solutions for financial institutions and banks	$400M	The Carlyle Group, TA & 3 others	68/100
3rd	GBG 1989, Chester (United Kingdom), Public	Platform offering fraud prevention solutions	-	Herald Investment Management, Frog Capital ... & 1 others	65/100
4th	AuthBridge 2005, Gurugram (India), Series B	Provider of identity verification, employee screening, and due diligence platform	$11.2M	Phi Capital, Infinity Alternatives & 47 others	64/100
5th	SHIELD 2008, Singapore (Singapore), Series B	Risk intelligence solution for protection against fraud	$31.7M	GGV Capital, Temasek & 13 others	64/100
6th	Fintellix 2006, Bengaluru (India), Acquired	Cloud based financial risk management solutions for banking	$22.5M	Peak XV Partners, Chiratae Ventures & 5 others	63/100
7th	KRM22 2017, London (United Kingdom), Public	Regulatory software suite for financial institutions	-	Herald Investment Management, Trading Technologies ... & 1 others	57/100
8th	CTOS 1990, Kuala Lumpur (Malaysia), Acquired	Identity theft and fraud prevention solution	-	Hermes GPE	55/100
9th	Eftsure 2014, North Sydney (Australia), Series A	Real-time payment protection services for businesses	$4.5M	Level Equity, OIF Ventures & 1 others	52/100
10th	Ixsight Technologies 2007, Mumbai (India), Seed	Cloud based platform offering end to end business intelligence software	$984K	Seedfund, nFactorial & 12 others	48/100