Econfirming is a financial technology company that provides a platform for managing and financing commercial invoices. It connects large companies (buyers), their suppliers, and financial institutions to optimize the supply chain payment process. The platform allows suppliers to request early payment on their approved invoices, providing them with liquidity, while buyers can extend their payment terms. Econfirming was established by a consortium of major Spanish banks to digitize and streamline the traditional "confirming" (reverse factoring) process, making it more efficient and accessible for businesses.

Founded in

Colombia