European Fintech Enfuce Enters 2023 with New Hires to Drive Business Growth

Enfuce, the European card issuing and processing firm, has bolstered its management team with pivotal senior appointments as it gears up for further rapid expansion in 2023.

The Finnish-based Cloud-native platform pioneer “has appointed Andy Patton as Chief Commercial Officer (CCO), Jessica Collingwood as Chief People Officer (CPO), Vanessa Schotes as Chief Marketing Officer (CMO) and Fern Blackler as Chief Financial Officer (CFO), all of whom have exceptional track records gained at companies including American Express, Virgin Group, Celonis and The London Stock Exchange.”

The new hires “mark an exciting moment in Enfuce’s successful growth trajectory, following its recent €45 million in Series C funding that was secured from Vitruvian Partners, a global investment firm which supports ambitious, high-growth companies.”

Enfuce is using the funding “to kickstart its expansion across Europe in 2023, and its new executive hires will accelerate momentum for Enfuce as it swiftly becomes the go-to partner for card issuance and embedded payments services in the B2B and B2C spaces.”

Andy comments:

“I’m delighted to be joining Enfuce at such a pivotal time in its growth journey. It’s a thrill to join such a dynamic disruptor that’s not afraid to do things differently. I’m looking forward to bringing my experience of building diverse, high-performing teams to Enfuce, and securing deep and enduring relationships with Enfuce’s clients and other partners.”

Jessica says:

“I’m passionate about championing diversity and inclusion and in challenging the status quo, enabling businesses to be great at what they do without compromising what they stand for. Joining Enfuce is the easiest career choice I’ve ever made. I am hugely inspired by the founders, Co-CEOs and by the opportunities this business represents. I am surrounded by great talent and together we can make magic happen.”

Vanessa comments:

“Joining a company with such great potential, at an inflection point to hyper growth and aggressive international expansion, is every CMO’s dream come true. Enfuce have given me the perfect remit – to build awareness and a best-in-class demand generation engine to fuel the success of the business, and the green light to challenge traditional thinking and deliver transformative strategic impact. I’m looking forward to working with my hugely talented colleagues at Enfuce to engineer highly efficient and creative marketing functions, and make our bold vision for the business a reality.”

Fern comments:

“Since the day I met the co-founders and co-CEOs of Enfuce I have been itching to get involved. I am delighted to have the opportunity to work with such a dynamic and talented group and hope my experience of change and transformation can add significant value fast.”

Having already “conquered” the thriving Nordic fintech market, “including partnerships with banking group OP, Swedish neobank Rocker and Danish expense management platform Pleo, Enfuce also recently launched in the UK, Europe’s most active fintech hotbed.”

As a challenger to the current issuer processor status quo, “with its cloud-native card issuing platform offering unmatched scalability and enhanced security as well as the potential to save money and time that companies would have spent on managing hardware infrastructure, Enfuce plans to accelerate its momentum through 2023 and beyond.”

Monika Liikamaa, Co-Founder and Co-CEO at Enfuce, comments:

“The appointment of our new executive team shows our clear ambition, tenacity and hunger to expand into new markets and serve more companies with the scalable, compliance-ready payment solutions they need to reach new customers. With their established expertise, strategic excellence and proven business success, I am confident that Andy, Jessica, Vanessa and Fern will help inspire and drive Enfuce’s vision to become the world’s number one cloud-based payments processor.”

Denise Johansson, Co-Founder and Co-CEO at Enfuce, says:

“Enfuce does the heavy lifting of card issuing and processing, empowering businesses to focus on their core operations with the reassurance of a trusted compliant partner helping them in their quests to drive growth and customer loyalty. Our vision is clear – to educate every fintech, bank or brand, from challenger to goliath, to move to cloud-based embedded finance platforms by 2025 and drive the digital transformation of the UK and Europe for the benefit of businesses and consumers.”

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