M&A

Eftsure Acquires Relish for Enterprise Payments from Onboarding to Payment

September 3, 2026

Fintech

M&A

Key Facts

Signal Type

M&A

Industry

Fintech

Companies

Eftsure, Relish, Sis ID

Date

September 3, 2026

What Happened

Eftsure acquired Relish, a U.S. leader in AI-powered vendor data validation, workflow automation, and invoice processing for the enterprise market. The combination creates a global payment assurance platform that covers the entire payment journey—from vendor onboarding to independent payment verification. Eftsure independently verifies payee and bank details before payments are released, while Relish's Data Assure technology validates vendor data against live government and third-party sources, and its Invoice AI automates invoice processing.

Who Is Affected

The combined entity serves more than 4,000 corporate customers and employs over 600 people across North America, Europe, and Asia-Pacific. The platform integrates with more than 35 finance and enterprise platforms, including SAP, Coupa, Workday, ServiceNow, Microsoft Dynamics 365, and Oracle NetSuite. Finance teams in accounts payable, payroll, procurement, and treasury are directly affected, as the platform provides visibility and controls across these functions.

Market Impact

Global financial fraud losses reached an estimated US$442 billion in 2025, according to INTERPOL, underscoring the scale of risk businesses face. The combined platform protects more than US$288 billion in payments annually, actively monitors 11 million vendors, and provides coverage across 190 countries and territories. Eftsure's global annual recurring revenue grew 45% over the past year, indicating strong market demand for integrated payment assurance solutions.

  • Fraud losses: US$442 billion globally in 2025 (INTERPOL)
  • Platform protects US$288 billion in payments per year
  • Monitors 11 million vendors across 190 countries
  • Eftsure ARR grew 45% year-over-year

What to Watch

Integration of Relish's Data Assure and Invoice AI technologies with Eftsure's independent payment verification will be key to delivering the unified platform. The acquisition expands Eftsure's global presence, following its 2025 acquisition of France-based Sis ID and its August 2026 launch in Singapore. SDRs should monitor how the combined entity consolidates product roadmaps and whether it introduces new bundled offerings for enterprise customers.

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