In collaboration with etventure, the digital unit of abcfinance GmbH developed a new digital tool for modern factoring within just a few weeks, generating true new business: Cashfox. At the same time, the employees involved acquired new methodological expertise and an agile mindset, which they implemented and continued as part of their work in their own digital unit. Today, Cashfox is firmly established in the market. Thus, abcfinance gained a new target group and was able to strengthen the loyalty of its sales partners as well as expand the product portfolio.
Access to new target group and stronger binding of sales partners
User-centered product portfolio expansion
Double-digit factoring volume processed (in € million) via Cashfox in a short period of time
CEO abcfinlab GmbH
Through etventure, we have not only learned about methodological skills and the corresponding tools, but above all have been given a new digital mindset that we can apply anew every day.
Spokesman of the Management Board abcfinance GmbH
With the support of etventure, we have built up a corporate startup in a very short time that generates, validates, and independently implements exciting innovations and new business models without being tied to existing structures.
abcfinance is a specialized financial services provider of Wilh. Werhahn KG that focuses on the financing needs of medium-sized companies. The company had total assets of €3.2 billion in 2019 and employs around 670 people.
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