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Founded Year



Growth Equity | Alive

Total Raised


Mosaic Score
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+20 points in the past 30 days

About EFTsure

EFTsure has developed a platform that allows businesses to cross-check in real-time that the name of the payee matches the BSB and account numbers before the payment is made.

Headquarters Location

132 Arthur St Suite 14

North Sydney, New South Wales, 2060,


+61 1300 985 976

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EFTsure's Products & Differentiators

    Real Time Payment Protection

    Eftsure alerts our customers to fraudulent or erroneous vendor payments by providing real-time alerts (in the form of traffic-light- style red and green thumbs) prior payment; either on your online banking payment screen or prior banking upload, across a payments file in our web-portal. A red thumb indicates a mismatch between the vendors account name, number and business registration number and trading name.

Expert Collections containing EFTsure

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

EFTsure is included in 4 Expert Collections, including Regtech.



1,341 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements in FIs. Regulatory technology helps FIs and regulators address challenges ranging from traditional compliance and risk management to data reporting and transmission.



2,571 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.



4,937 items



3,540 items

Excludes US-based companies

EFTsure Patents

EFTsure has filed 2 patents.

The 3 most popular patent topics include:

  • Banking technology
  • Data management
  • Email systems
patents chart

Application Date

Grant Date


Related Topics



Human resource management, Outsourcing, Supply chain management, Production and manufacturing, Email systems


Application Date


Grant Date


Related Topics

Human resource management, Outsourcing, Supply chain management, Production and manufacturing, Email systems



Latest EFTsure News

Know-Your-Payee Provider EFTsure Secures $2.5 Million in Funding

Aug 7, 2019

This brief release appears in Finextra and discusses a $2.5 million funding round for a 2014 Australian startup by the name of EFTsure, which purports to helping organizations identify and protect themselves against risk and error in the payments process. ‘…the eftsure software suite verifies supplier bank account details and compliance information at or prior to the point of payment. Its customers include ASX-listed enterprises, local and state governments, not for profits, hospitals, schools and small to medium businesses across Australia…The firm claims to have protected over $6 billion in electronic payment transactions since inception.’  While we have yet to benefit from a briefing, the niche that the firm fits into is supplier verification. As many who closely follow the ever-adaptive payments fraud tactics have noted, business e-mail compromise and social engineering have become very sophisticated methods for fraudsters to manipulate company employees into making payments to fictitious companies. We covered this most recently in a report titled Fighting Payments Fraud: No Rest for the Weary . In that piece, we pointed out one survey where only about 45% of corporates indicated that they were able to detect ACH fraud before the payment left the building (so to speak). So the CEO of EFTsure goes on to add that with the continued evolution of new payments methods and faster settlement, additional factors have entered the mix. We’re frequently asked about the faster payments, faster fraud dynamic, so a mention of Australia’s NPP was interesting, since faster (settlement in seconds) places the ‘know your payee’ importance level near or at the top of the list. This is perhaps a good niche to be in at the moment. ‘Other investors joining the round also include Stephen Allen, former global chief risk officer with Macquarie Bank….Allen says: “I’m excited about the application of fintech to risk management and exploring how to apply my experience in that sphere. The National Payment Platform is accelerating the issue and in eftsure I saw an elegantly simple but extremely powerful solution to a pervasive and growing problem.” ‘ Overview by Steve Murphy , Director, Commercial and Enterprise Payments Advisory Service at Mercator Advisory Group Summary

EFTsure Frequently Asked Questions (FAQ)

  • When was EFTsure founded?

    EFTsure was founded in 2014.

  • Where is EFTsure's headquarters?

    EFTsure's headquarters is located at 132 Arthur St, North Sydney.

  • What is EFTsure's latest funding round?

    EFTsure's latest funding round is Growth Equity.

  • How much did EFTsure raise?

    EFTsure raised a total of $3.21M.

  • Who are the investors of EFTsure?

    Investors of EFTsure include Level Equity and OIF Ventures.

  • Who are EFTsure's competitors?

    Competitors of EFTsure include Bottomline and 3 more.

  • What products does EFTsure offer?

    EFTsure's products include Real Time Payment Protection and 4 more.

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