Silicon Canals
No Result
View All Result
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Community partners
    • Amsterdam
    • Rise by Techleap.nl
    • EOR handbook by Atlas HXM
    • Guest Contributions
    • Business Wire
    • Sign up for our newsletter!
  • Global Jobs
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Contribute your content
    • Team
    • About us
  • Partner with us
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Community partners
    • Amsterdam
    • Rise by Techleap.nl
    • EOR handbook by Atlas HXM
    • Guest Contributions
    • Business Wire
    • Sign up for our newsletter!
  • Global Jobs
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Contribute your content
    • Team
    • About us
  • Partner with us
No Result
View All Result
Silicon Canals
No Result
View All Result

Finland’s biggest fintech startup Enfuce secured €10M funding, launches new service

Editorial team by Editorial team
November 21, 2019
in News, (Crowd)funding, Featured post, FinTech, Startups
Finland’s biggest fintech startup Enfuce secured €10M funding, launches new service
72
SHARES
LinkedInTwitterWhatsAppFacebook
Read this article in:

In the latest development, Enfuce, a Finland-based company providing cloud-based financial services, has secured €10M in funding led by the early-stage VC firm Maki.vc, including venture debt from Nordea, LähiTapiola, and Finnvera.

The company intends to use the new funding to accelerate its global growth and scale its newly launched sustainability service, My Carbon Action.

If you are unaware, My Carbon Actions is a pioneering service for banks, other financial service providers, and merchants to help their customers track their actual carbon footprint per purchase.

Enfuce Co-Founder and CEO Denise Johansson said: 

- Partner content -
Atlas HXM EOR Employee of Record
How EOR is becoming a crucial tool in 2023
EOR gains importance as companies digitise and hire globally. Learn from industry leaders...Show More
EOR gains importance as companies digitise and hire globally. Learn from industry leaders using EOR with Atlas HXM.Show Less
Read more

This has been a groundbreaking year for Enfuce, as we’ve launched many significant partnerships and two completely new product categories: open banking platform and sustainability services. We are thankful for the support we have received from Nordea and LähiTapiola, and with Maki’s strong, valuable expertise in B2B software and scaling, we believe we have all the needed tools for global expansion.

8 million end-users!

Founded by Denise Koskinen and Monika Liikamaa in 2016, Enfuce offers payment and open banking services to banks, fintechs, financial operators, and merchants. 

Last year, the Finnish company expanded its presence in the UK, Sweden, and Spain. The company employs over 50 driven professionals in the Nordics and has over 8 million end-users in their platform.

Maki.vc Founding Partner Ilkka Kivimäki, said: 

We have been closely following the fintech space and keeping an eye out for promising upstarts for quite some time. Enfuce and their team of financial industry heavy lifters convinced us with their future-proof approach that can serve a wide range of businesses in the payments industry and a platform that can be scaled globally.

Finland’s Biggest Fintech Startup!

According to Helsinki Fintech Farm, Enfuce is currently the largest fintech startup in Finland, with revenues in 2018 adding up to over 4 million euros. Enfuce was also the first to run a card issuing platform in the public cloud and to receive the PCI DSS certification for it.

Collaboration with Pleo!

Furthermore, the fintech company is already working with giants like MasterCard, Visa, Amazon Web Services, and D-mat, as well as rising stars of the fintech field, such as the Danish Pleo with whom Enfuce published their collaboration just last week. 

In the above scenario, Enfuce’s API, real-time processes, and strong compliance were essential in helping Pleo develop safe and reliable solutions focused on customer experience. Having said that, the Enfuce’s goal is to make customers feel secure in their services and help them reach compliance.

Main image credit: Enfuce

Stay tuned to Silicon Canals for more European technology news.

 - Partner content -
How to succesfully outsource…
How to succesfully outsource…
...your recruitment or product development with our curated community partners!
...your recruitment or product development with our curated community partners! Show Less
Read more
Tags: featuredFinTechfundingstartups
Share5Tweet16SendShare33

Partner with us | Download Media Kit

Thank you for visiting Silicon Canals! If you want to partner with us, look at our options.

Featured | Tech Events

Current Month

september, 2023

Silicon Canals | Jobs

Breaking news from Amsterdam | Partner

Endeit Capital backs Amsterdam’s Lepaya in €35M round to revolutionise corporate learning through AI

Chemical Utopia: How Amsterdam Chemistry Network’s ChemAI aims to upend Dutch Chemistry

Amsterdam’s Truvity launches Truvity Platform to revolutionise digital identity verification technology

Partner content | Work with us

Amsterdam’s Invest-NL takes center stage in protecting Dutch companies from unwanted takeovers: Here’s how

[Exclusive] Amsterdam’s YourKitchen gets acquired by The Kitchen Dojo and Trias Real Estate: Know more

Meet Samaa Mohammad, an AI ethicist solving diversity problem with Techleap.nl’s DLiT Community

  • About Silicon Canals
  • Partner with Silicon Canals
  • Impressum
  • Contact us
  • Sign up for our newsletter!
  • Disclaimer
  • Privacy Policy
  • Cookie Policy (UK)
  • Cookie Policy (EU)
  • Terms & Conditions Silicon Canals

Silicon Canals © 2014-2023 | Design: Bright Idiots. Images: Depositphotos

No Result
View All Result
  • Home
  • News
    • News
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Event News
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Exclusive content
    • Partner content
    • Community partners
    • Amsterdam
    • Rise by Techleap.nl
    • EOR handbook by Atlas HXM
    • Guest Contributions
    • Business Wire
    • Sign up for our newsletter!
  • Global Jobs
  • Tech Events
    • Technology Events
    • Event News
    • Submit event
  • Contact
    • Contact us
    • Contribute your content
    • Team
    • About us
  • Partner with us

Silicon Canals © 2014-2023 | Design: Bright Idiots. Images: Depositphotos

X
X