The threat model is brutally simple: an attacker compromises an email thread or spoofs a vendor, alters bank account details, and your finance team wires real money to a criminal's account. Business email compromise and invoice manipulation aren't exotic exploits - they're high-volume social engineering attacks targeting the payment workflow itself. Eftsure, founded in 2014 and headquartered in North Sydney, has built its entire platform around intercepting that last mile of fraud.
The core product is an end-to-end B2B payment protection platform that provides automated, continuous control over outgoing payments and vendor onboarding. The system verifies vendor banking details against a live database of millions of accounts and flags anomalies before funds leave. Technical domains span AI-driven deepfake fraud detection, business email compromise prevention, invoice manipulation prevention, and vendor account verification. The scale is concrete: the platform safeguards over $216 billion in payments annually and processes more than $23.7 billion in EFT payments monthly across thousands of businesses and government bodies.
The team is led by Global CEO Jon Soldan, with executives drawn from Oracle, IBM, and Dell EMC. Eftsure is recognized as a Nacha Preferred Partner and has appeared in the AFR Fast 100 for three consecutive years. Offices in North Sydney, Dallas, Auckland, and Paris give the company a presence across the US, Australasia, and European markets, with the operational footprint to support organizations processing high volumes of supplier payments across multiple jurisdictions.
