Neu-Isenburg, 23 September 2025:
«efcom» gmbh and Egyptian company «PixelSoft» have signed a partnership agreement. This collaboration aims to support each other in distributing and supporting their respective solutions. The partnership creates valuable synergies for «PixelSoft», which specialises in leasing solutions for corporate, retail, mortgage, and consumer finance software. It also benefits «efcom», an expert in factoring and supply chain finance.
Egypt’s Growing Factoring Market
The Egyptian factoring market has recently grown rapidly. By the end of 2024, total factoring volume exceeded £560 million. Egypt now ranks among the leading factoring markets in Africa, alongside South Africa, Mauritius, and Tunisia. Factoring in Egypt serves both SMEs and large international trade companies. Scalable and affordable digital solutions are essential for further market growth.
Statements from Leadership
Federico Avellán Borgmeyer, Chief Partner Officer at «efcom», said:
“The Egyptian market is particularly attractive for factoring. Many developments are expected in the future. We are glad to rely on a strong local partner like «PixelSoft» for sales. Meanwhile, our Egyptian partner benefits from our global network in the DACH region. We look forward to a successful collaboration.”
Amr Samy, Deputy Managing Director of «PixelSoft», stated:
“Partnering with «efcom» allows us to expand our portfolio with a powerful factoring solution. We also expect to gain sales momentum through the efcom network. It is a partnership between equals, and we are very excited about it.”
Abdelrahman Elbeltagy, Sales Manager MENA Region at «efcom», added:
“A competitor is not always an enemy; it can become the best partner for your organization. From our first meeting with «PixelSoft», we identified a sweet spot for collaboration. This partnership will help both of us expand globally into new regions.”
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