Tagged: Monika Liikamaa

February 27, 2024 @ 9:27 am By JD Alois  |  

Finland-based Enfuce, a card issuer and payment processor, says it has been approved to operate in the UK with an E-money license (EMI). Frequently, Fintechs in the UK will leverage the license to provide more banking services. The company says this is a key moment… Read More

November 20, 2023 @ 8:32 am By Omar Faridi  |  

Enfuce, a provider of embedded finance solutions, has revealed a new partnership with UK-based small business lending platform Funding Circle (LSE: FCH) to launch its new small business credit card as part of its FlexiPay product. FlexiPay is a revolving line of credit that “helps small… Read More

July 14, 2023 @ 3:31 pm By Omar Faridi  |  

Card issuing and processing pioneer Enfuce has been chosen by leading Norwegian crypto exchange NBX to issue a Visa®-branded credit card offering Bitcoin cashback on purchases. Powered by Enfuce’s cloud-native issuing platform, the launch of the card is a turning point in the crypto market,… Read More

June 6, 2023 @ 7:25 am By Omar Faridi  |  

Card issuing and processing pioneer Enfuce has unveiled its new brand for the Fintech and payment companies “with a unique, stand-out brand concept.” With its ability to create unique customer use cases, easier payment flows, happier customers, and stronger revenues, Enfuce wants “to be known… Read More

March 22, 2023 @ 8:21 am By Omar Faridi  |  

Card issuing and processing pioneer Enfuce has teamed up with UK neobanking start-up Science Card in order to launch a payments card, which forms “part of a new infrastructure for funding scientific research, designed to create the future earlier rather than later.” Science Card’s customers… Read More

February 23, 2023 @ 7:53 am By Omar Faridi  |  

After an official tender process to procure a prepaid payment card service, the State Treasury of Finland and Kela (the Social Insurance Institution of Finland) awarded the contract to Finnish issuer processor Enfuce. The State Treasury of Finland, Kela, and Enfuce “signed the five-year contract… Read More

February 16, 2023 @ 9:10 pm By Omar Faridi  |  

Enfuce, the European card issuing and processing Fintech, has been selected by  Finnish e-commerce aggregator start-up Starcart in order “to offer its retailers and shoppers the speed, security and convenience of embedded virtual card payments.” The partnership is set “to transform the way in which… Read More

February 5, 2023 @ 10:37 pm By Omar Faridi  |  

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… Read More

October 23, 2022 @ 12:33 pm By Omar Faridi  |  

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

July 13, 2022 @ 9:28 am By Omar Faridi  |  

Finnish Card-as-a-Service Fintech Enfuce is reportedly set to launch operations in the United Kingdom after finalizing a €45 million round back in December 2021. Established by co-CEOs Monika Liikamaa and Denise Johansson, Enfuce recently expanded its international presence in Germany and France and currently claims… Read More

July 11, 2022 @ 8:15 am By Omar Faridi  |  

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

December 6, 2021 @ 8:26 am By Omar Faridi  |  

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

March 18, 2021 @ 9:45 am By Omar Faridi  |  

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

May 8, 2020 @ 7:46 am By Omar Faridi  |  

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

November 27, 2019 @ 12:45 pm By Omar Faridi  |  

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