Tagged: Enfuce

Cloud-Native Issuer Processor Enfuce, Orka Ventures Introduce Consumer Lending Offering

“Pioneering” issuer processing powerhouse, Enfuce, announced a new partnership with Orka Ventures, the Nordic-Czech fintech holding company, “to launch Orka Card, a new consumer lending card and mobile app that challenges the traditional understanding of ‘Buy Now Pay Later’ (BNPL) lending.” Until now, Orka Ventures… Read More

Fintech Enfuce, Visa to Give Refugees Arriving in France Ready-to-Use Prepaid Cards

Enfuce, the Finnish cloud-native issuing and processing pioneer, has announced the launch of a pilot project with social enterprise Welcome.Place, Finnish mobile payments provider for employment benefits Epassi, and digital payments giant Visa in order “to distribute prepaid payment cards to refugees arriving in France.”… Read More

OKQ8 Teams Up with European Card Issuing, Processing Platform Enfuce

Enfuce, the European cloud-native card issuing and processing platform, and OKQ8, one of Scandinavia’s “largest” fuel companies, under transformation to become a brand within sustainable mobility, have announced the launch of OKQ8’s Visa-branded credit card program, as “part of OKQ8’s larger modernization of both its… Read More

Iceland’s Telecom Síminn Expands into Payments via Enfuce’s Card as a Service

Síminn Pay, the “pioneering” fintech subsidiary of Iceland’s largest telco provider Síminn, has partnered with Enfuce, the European “leader” in providing turnkey card issuing, “to launch virtual credit cards tailored for Síminn Pay’s lifestyle app, enabling users to make seamless payments.” Founded in 2016, Síminn… Read More

Cloud Processing Platform Enfuce Introduces Real-time Card Spending Control Tool

Enfuce, the “pioneering” issuer processing platform, has announced the launch of its dynamic spend management tool Authorization Control, which “empowers companies of any size, in any sector, to set transaction and spending controls for any card in real time.” Combined with Enfuce’s turnkey Card as… Read More

Enfuce Teams Up with Mastercard to Expand Card as a Service Platform in the Nordics

Enfuce is pleased to confirm an extended partnership with Mastercard (NYSE: MA) in order to expand the company’s Card as a Service platform in the Nordics. Through the partnership, Mastercard powers Card as a Service “with tokenized multi-currency BINs in the Nordics, enabling Enfuce’s customers… Read More

Nordic Digital Asset Exchange NBX Teams Up with Enfuce to Introduce Cashback Payment Cards

Via Enfuce’s “turnkey” service, NBX can offer credit and debit cards “with loyalty-boosting crypto rewards.” NBX, which claims to be the “leading” Nordic crypto exchange, has selected Enfuce, one of Europe’s major Fintech companies, “as its card service provider.” The partnership allows NBX “to offer… Read More

Fintech Enfuce Selects Konsentus Verify for Secure Open Banking

​​Enfuce, which claims to be one of the fastest-growing Fintech firms in Europe, has reportedly chosen Konsentus Verify in order to protect its clients from unauthorized/fraudulent third parties gaining access to account data and funds. Enfuce offers a modern, flexible, scalable, open banking service that… Read More

Fintech Enfuce Releases MyApp to Support Fast, Cost-Efficient Launch of Payment Products

MyApp, complementing Enfuce’s turnkey solution Card as a Service, is a white-label mobile app “with all the features of a modern card management.” With MyApp, Enfuce now “allows its customers to move to market with their new payment products in a more complete form.” As… Read More

AirPay Digital Teams Up with Enfuce to Provide Smart Business Cards

Empowered by Enfuce’s payment platform, AirPay Digital is able to provide smart business cards featuring automated bookkeeping. AirPay, which claims to be the first card payment solution to cover the transaction journey from point-of-sale to company accounting, has selected Enfuce, one of Europe’s Fintech firms,… Read More

Fintech Enfuce Discusses Benefits of Modernizing Your Card Processing System

Finland’s card-as-a-service (CaaS) platform Enfuce, which recently finalized a €45 million Series C round, notes that client expectations and competition in the banking sector are “getting tougher all the time.” Denise Johansson, Co-Founder, Chief Commercial Officer & Deputy CEO at Enfuce, writes in a blog… Read More

Finland’s Card as a Service Fintech Enfuce Secures €45M via Series C led by Vitruvian Partners

Finland’s Card-as-a-Service (CaaS) platform Enfuce has finalized a €45 million Series C round that has been led by global growth investor Vitruvian Partners. Established in Finland, Enfuce has expanded its geographic presence in Germany and France and has more than 13 million active card users… Read More

Finland’s Enfuce Partners Visa to Offer Payment Cards Solution Program for European Fintech Firms

Finland-based Enfuce is teaming up with Visa in order to introduce a fast-track, 8-week program for European Fintech firms. The program should help companies with launching their own payment cards. Under the new program, Fintech firms can provide their clients with physical and virtual payment… Read More

Finland’s Payment Services Provider Enfuce Secures €7M via Series B from Tencent, Maki.vc

Finland’s payment services provider Enfuce has secured €7 million in capital through a Series-B funding round. Enfuce has received €5 million in funding from Tencent. Another €2 million that was part of the investment round came from previous investor Maki. Prior investment has been supported… Read More

Sweden-based Banking Challenger Rocker Chooses Finnish Fintech Enfuce as Official Card Issuing and Payment Processing Partner

Sweden-based banking challenger Rocker has reportedly chosen Enfuce, a Finland-headquartered Fintech firm, as its official card issuing and payment processing partner. The move should streamline processes involving the issuance of Visa prepaid cards. The news has come after Rocker (previously operating as Bynk) introduced a… Read More

UK-based Featurespace, a Firm Focused on Fraud Prevention, Partners with Fintech Enfuce to Protect Customers from Cyberattacks

UK-based Featurespace, a firm that focuses on fraud prevention, confirmed on February 26 that Finland’s Enfuce, an open banking Fintech firm, will be using the Featurespace ARIC Risk Hub in order to protect its customers from online security threats. Established in 2016 by Denise Koskinen… Read More

Finland-based Fintech Firm Enfuce Raises €10 Million to Expand Operations Globally

Enfuce, one of the largest Fintech firms in Finland, has raised €10 million (appr. $11 million) via an investment round led by Maki.vc. The round included venture debt from Nordea, LähiTapiola, and Finnvera. Enfuce is one of fastest-growing Fintechs in the Nordic region. The company… Read More

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