Finnish fintech Enfuce raises $9.2 million to expand Embedded Financing in Europe

As a global card issuer and payment processor that merges innovation, security, and expertise to create modular, cloud-based payment processing capabilities, Enfuce enables innovative fintechs, banks, and non-financial brands to seamlessly provide cards, digital wallets, and embedded finance solutions in a hassle-free and secure way. Here are details of Enfuce‘s latest funding round :

https://enfuce.com/product/platform/

🚀 Launch

2016

🏭 Industry

Financial services

🧠Management

Monika Liikamaa (Co-CEO), Denise Johansson (Co-CEO)

💸 Funding & Investors

INVESTMENT (Novembre 2023)$9.3 million
INVESTORS (Novembre 2023)led by Vitruvian Partners, with participation from Maki.vc and Visa
PREVIOUS FUNDING€45 million Series C round in 2021

🎯 Funding purpose

Fuel the company’s expansion across key European markets, including Germany, France and the Benelux region (Belgium, the Netherlands and Luxembourg)

🌐 Country HQ

Finland (Espoo)

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