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Eftsure Acquires Relish for Enterprise Payments

By Tiffany Morgan
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Eftsure Acquires Relish for Enterprise Payments - enterprise payments

Eftsure has acquired Relish, a U.S. leader in AI-powered vendor data validation and workflow automation, merging its global payment assurance platform with enterprise-grade invoice processing.

From onboarding to payment

Eftsure independently verifies the payee and bank details before a payment is released. Relish’s Data Assure technology validates and enriches the vendor data behind those payments against live government and third-party sources, while its Invoice AI technology automates and validates invoice processing. Together, these capabilities give enterprises a unified foundation, reducing reliance on disconnected onboarding, validation, and payment controls.

The combined platform provides visibility from accounts payable and payroll to procurement and treasury. It integrates with more than 35 finance and enterprise platforms, including SAP, Coupa, Workday, ServiceNow, Microsoft Trends 365, and Oracle NetSuite. The company continues to work with partners to expand integrations across the finance ecosystem.

Independent verification across borders

Global financial fraud losses reached an estimated US$442 billion in 2025, according to INTERPOL. This scale of risk highlights why businesses are turning to independent verification layers that operate across fragmented systems. Eftsure and Relish address different points in the same payment journey, creating a continuous chain of trust from vendor onboarding through to the moment money moves.

Combined, Eftsure, Sis ID, and Relish serve more than 4,000 corporate customers and employ more than 600 people across North America, Europe, and Asia-Pacific. Over the past year, Eftsure’s global annual recurring revenue grew 45%. The platform protects more than US$288 billion in payments a year, actively monitors 11 million vendors, and provides coverage across 190 countries and territories. It can verify accounts covering approximately 85% of the world’s banked population.

Finance teams increasingly rely on autonomous workflows to speed up processes. While faster automation is a priority, the exposure to bad actors who exploit gaps in vendor data remains a persistent threat. Without independent verification at every stage, even the most efficient systems can route funds to fraudulent entities. This acquisition appears designed to plug those specific gaps by layering validation directly into the data pipeline.

Global reach and independent status

Jon Soldan, Chief Executive Officer of Eftsure, said: “Bringing together the payment integrity leaders across Asia-Pacific, Europe and North America creates something the market hasn’t had before: a truly global payment assurance platform from onboarding to payment.”

Ryan Walicki, Chief Executive Officer of Relish, said: “Relish was built to close the data and workflow gaps that expose enterprises to financial risk. Joining Eftsure connects that intelligence with independent payment verification, giving finance teams greater confidence from vendor onboarding and invoice processing, through to the moment money moves.”

The acquisition expands Eftsure’s global presence and follows its 2025 acquisition of France-based payment control company Sis ID, as well as its August 2026 launch in Singapore. The companies remain independent and system-agnostic, committed to working across the ecosystem to give customers choice and flexibility. Finance leaders can request a demonstration at eftsure.com/demo.

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