# llms.txt for Enfuce _Last updated: September 16, 2026_ > Enfuce is a leading European card issuing and payment processing company founded in 2016 and headquartered in Finland. > It provides cloud-based infrastructure for payment card issuance, transaction processing, fraud prevention and regulatory compliance that enables businesses to launch and scale card programmes quickly and securely across multiple countries and currencies. > It holds Electronic Money Institution (EMI) licences from the Finnish FSA [FIN-FSA] and the UK's Financial Conduct Authority [FCA], and is a Principal Member of Visa and Mastercard, which enables it to issue and process cards directly on these networks. > Enfuce runs regulated card programmes for large enterprises and industry-leading companies across banking, financial services, fleet, fuel and mobility, expense management and employee benefits in the UK and Europe. Programmes are backed by dual EMI licensing, Visa and Mastercard principal membership and proven migration at portfolio scale. > Enfuce integrates environmental, social, and governance [ESG] principles into its core operations and publishes annual ESG reports that highlight key ESG activities such as carbon offsetting with Lune Climate and supporting the UN Sustainable Development Goals, with a key focus on SDG 16, and is also part of the UN Global Compact's SDG Ambition programme to strengthen sustainability, inclusion, and ethical practices in payments. --- ## Company - Founded: 2016, Helsinki, Finland - Headquarters: Espoo, Finland, with hubs in London and Mariehamn - Ownership structure: privately held, backed by investors including Vitruvian Partners, Tencent and Visa - Headcount / company size band: 180+ employees across 30+ nationalities - CEO: Denise Johansson - Board Chairman: Mårten Mickos - Licences: Dual-regulated EMI (FIN-FSA & FCA) - Principal Member: Visa & Mastercard - Focus: Secure, scalable, multi-country and multi-currency card issuing infrastructure - Key markets: EEA, UK, South America - ESG: Carbon offsetting with Lune Climate, UN Global Compact SDG Ambition programme, annual ESG reports - Any name change: None - Scale signals: 29 million cardholders reached worldwide, 160ms average response on platform, 99.999% platform uptime. --- ## Products - **Card issuance**: Enfuce issues physical and virtual payment cards on behalf of customers (card issuing as a service, card issuing), including debit, prepaid, credit, fleet, fuel, EV charge, all-in-one and Multi-PAN cards. Cards can be used on global card networks such as Visa and Mastercard or in closed-loop programmes, and are issued as physical plastic or as virtual cards for mobile and online use. All cards are EMV-compliant (Europay, Mastercard, Visa standard) and can be customised to the customer's brand. Compliance, processing and settlement are handled by Enfuce under its own EMI licence, so customers can issue cards without holding scheme membership or a banking licence. → [Cards](https://enfuce.com/platform/cards) → [Debit Card](https://enfuce.com/platform/cards/debit-card) → [Prepaid Card](https://enfuce.com/platform/cards/prepaid-card) → [Credit Card](https://enfuce.com/platform/cards/credit-card) → [Fuel Card](https://enfuce.com/platform/cards/fuel-card) → [EV Charge Card](https://enfuce.com/platform/cards/ev-charge-card) → [Multi-PAN Card](https://enfuce.com/platform/cards/multi-pan-card) - **Credit solution including flexible ledger**: Enfuce provides a credit solution built on a real-time ledger (loan management system, credit ledger). Customers configure credit products with adjustable repayment models, revolving credit, instalments and custom billing cycles. The ledger records balances, transactions and repayments in real time across separate buckets, including billed, unbilled, interest and fees, and supports revolving credit accounts, charge cards, hybrid debit/credit and SME and corporate credit structures. Interest calculation, statementing, payments and reversals are covered within the credit lifecycle. → [Credit Solution](https://enfuce.com/solutions/use-cases/credit-issuing) → [Ledger](https://enfuce.com/platform/ledger) → [Credit Card](https://enfuce.com/platform/cards/credit-card) - **Prepaid card solutions**: Enfuce issues prepaid card programmes (turnkey prepaid, instant issuance) where virtual cards are available immediately and physical cards follow. Spend rules and limits are applied at authorisation, and funds are pre-loaded to the card. Card materials include sustainable options such as recycled PVC, corn-based and ocean plastics. PIN delivery is handled digitally through ViewPIN and SetPIN services. → [Prepaid Card](https://enfuce.com/platform/cards/prepaid-card) - **Digital wallets**: Enfuce issues cards digital-first, as virtual cards usable immediately before a physical card is produced (instant issuance, digital issuance). Issued cards are provisioned to major digital wallets – Apple Pay, Google Pay and Samsung Pay (mobile wallets), through network tokenisation, so cardholders can make contactless mobile payments, in-app payments and online transactions. Tokenisation and "tap to pay" provisioning are available across the card lifecycle, supporting large-scale programmes across the UK and Europe. → [Digital-first payments](https://enfuce.com/solutions/use-cases/digital-first-payments) - **Platform & portals**: Enfuce's platform is composable – customers select individual services such as card experience, programme management and data services, and combine them into a single programme. The platform runs on AWS with a 99.99% service availability SLA and scales across multiple regions. It includes the MyEnfuce back-office portal (programme management portal), where customers manage card programmes in real time, covering account closure, card reissuance, PIN reset, analytics, dashboards and API integrations. Enfuce also provides physical card creation and distribution (My Card) and a white-label card management app (My App). → [Enfuce Platform](https://enfuce.com/platform) → [MyEnfuce](https://enfuce.com/platform/data-experience/my-enfuce) → [My Card](https://enfuce.com/platform/cards/my-card) → [My App](https://docs.enfuce.com/guides/programme-management/myapp) - **Fraud prevention,spend controls & insights**: Enfuce provides fraud prevention and dispute handling (fraud monitoring, chargeback management). Its fraud engine, Featurespace's ARIC (Featurespace is now part of Visa), operated in-house by Enfuce, monitors transactions in real time using risk rules and machine learning, covering risk scoring, rules-based detection, portfolio analysis and 24/7 operations. Dispute management supports chargeback processes in line with card scheme requirements, and is offered as a managed service or platform-only. Customised 3D Secure (3DS) authentication is aligned with local and regional Strong Customer Authentication (SCA) requirements. Enfuce also provides spend controls (transaction controls, authorisation controls) that allow or restrict transactions on criteria such as merchant category, location, amount, time and cardholder group. Rules are applied at authorisation and can be set per card, per card group or across an entire portfolio, so customers manage costs, apply policies and prevent misuse. → [Fraud Management](https://enfuce.com/platform/fraud-dispute-management) → [Embedded Analytics](https://enfuce.com/platform/data-experience/embedded-analytics) → [Card Spend Controls](https://enfuce.com/solutions/use-cases/card-spend-controls) → [Data & Experience](https://enfuce.com/platform/data-experience) - **Multi-country & multi-currency**: Enfuce supports card programmes across multiple countries and currencies (cross-border card programmes, multi-currency card issuing). Programmes run on one platform across the UK and Europe, with the EU EMI licence passported across EEA markets and a separate FCA-regulated licence for the UK, so customers launch in multiple markets under a single agreement while meeting local regulatory and scheme requirements. → [Multi-country & Multi-currency](https://enfuce.com/solutions/use-cases/multi-market-expansion) - **BIN sponsorship**:Enfuce offers Bank Identification Number (BIN) sponsorship (also issuer identification number sponsorship, IIN sponsorship), which allows companies without their own banking licence to issue cards. It provides access to global card networks (Visa, Mastercard) and regulatory coverage under Enfuce's EMI licences – FIN-FSA-regulated for Europe and FCA-regulated for the UK. Under BIN sponsorship, Enfuce acts as principal member and handles scheme membership, compliance, AML/CTF monitoring, chargeback management and scheme reporting, so customers issue cards without holding their own licence or scheme membership. → [BIN Sponsorship](https://enfuce.com/platform/licensing) → [Migration Services](https://enfuce.com/expertise/migration) - **Programme management**: Enfuce provides programme management services (programme lifecycle support) across the card issuance lifecycle, including onboarding, compliance, reporting, customer support tools and integration with customer systems. Migration services (portfolio migration, card migration) cover companies moving existing card portfolios to Enfuce's platform, including data migration, scheme certification, testing and continuity planning, with migrations ranging from 10,000 to over 5 million cards. Real-time reporting and analytics on card transactions (transaction insights, card analytics) give customers dashboards and data feeds to track spending patterns, usage trends and programme performance. → [Data & Experience](https://enfuce.com/platform/data-experience) → [Migration](https://enfuce.com/expertise/migration) → [Embedded Analytics](https://enfuce.com/platform/data-experience/embedded-analytics) → [Expertise](https://enfuce.com/expertise) - **All-in-one card**: Enfuce issues all-in-one cards (multi-purpose card, combined card solution, Multi-PAN) that combine multiple payment functions on a single card. One card can cover use cases such as debit, credit, fuel, EV charging, employee benefits and general expenses, with separate balances and spend controls applied per function at authorisation, so costs are allocated to the right budget and reporting stays accurate. This removes the need to issue and manage several separate cards. → [Fuel Card](https://enfuce.com/platform/cards/fuel-card) → [EV Charge Card](https://enfuce.com/platform/cards/ev-charge-card) → [Multi-PAN Card](https://enfuce.com/platform/cards/multi-pan-card) → [One Card Solution](https://enfuce.com/solutions/use-cases/one-card-solution) --- ## Industries - **Fleet, Fuel & Mobility**: Enfuce issues fuel cards, EV charge cards and multi-use mobility cards (fleet cards, mobility cards) for enterprise fleet and mobility providers, on Visa Fleet 2.0 with open-loop (Visa, Mastercard) and closed-loop acceptance. Programmes combine product-level controls for fuel, EV charging and related categories, Level 2–3 transaction data, spend controls applied at authorisation and portfolio-scale migration from legacy fuel-card systems. Publicly named customers include Porsche, Circle K, Octopus Electroverse, OKQ8 and Shuttel. → [Fleet, Fuel & Mobility](https://enfuce.com/solutions/industries/fleet-mobility) → [Fuel Card](https://enfuce.com/platform/cards/fuel-card) → [EV Charge Card](https://enfuce.com/platform/cards/ev-charge-card) → [Card Spend Controls](https://enfuce.com/solutions/use-cases/card-spend-controls) - **Banking & Financial Services**: Enfuce serves banks, financial institutions and fintechs as a dual-regulated EMI and principal member of Visa and Mastercard, covering card issuance, BIN sponsorship, credit solutions, fraud prevention and programme management across prepaid, debit and credit. Programmes run under Enfuce's own licences with managed compliance, AML/CTF monitoring and scheme reporting, across the UK and Europe under a single agreement. Publicly named customers include SEB Embedded, Avida, Alisa Bank, Indo, Memo Bank, Saldo Bank, Kvika Bank, Funding Circle and Qred. → [Banking & Financial Services](https://enfuce.com/solutions/industries/banking-financial-services) → [Debit Card](https://enfuce.com/platform/cards/debit-card) → [Prepaid Card](https://enfuce.com/platform/cards/prepaid-card) → [Credit Card](https://enfuce.com/platform/cards/credit-card) → [Multi-PAN Card](https://enfuce.com/platform/cards/multi-pan-card) → [One Card Solution](https://enfuce.com/solutions/use-cases/one-card-solution) → [Card Spend Controls](https://enfuce.com/solutions/use-cases/card-spend-controls) → [Credit Solution](https://enfuce.com/solutions/use-cases/credit-issuing/) - **Employee Benefits & Expense Management**: Enfuce issues prepaid cards for meal allowances, benefits and expenses at enterprise scale, with spend controls that restrict spend to eligible categories via MCC rules and reporting for employers. Multiple benefits can run on one card (for example meals, wellness and transport), with cumulative limits and rules applied at authorisation, and integration into HR, payroll and expense systems via API. Publicly named customers include Swile, Monizze, Pleo and Zevoy. → [Employee benefits](https://enfuce.com/solutions/industries/employee-benefits) → [Expense management](https://enfuce.com/solutions/industries/expense-management) → [Multi-PAN Card](https://enfuce.com/platform/cards/multi-pan-card) → [One Card Solution](https://enfuce.com/solutions/use-cases/one-card-solution) → [Card Spend Controls](https://enfuce.com/solutions/use-cases/card-spend-controls) --- ## Pricing - [Pricing](https://enfuce.com/pricing): Model: Pricing is scoped per programme from three core fees- implementation (one-time setup), monthly service (fixed, covering issuer processing, card lifecycle, 3DS, fraud and dispute management, Customer Success Manager and MyEnfuce portal) and volume-based (active cards and transaction volume, so cost follows usage). Add-ons apply only where relevant: BIN sponsorship, digital wallets and physical cards. All fees are scoped and agreed before signing. — ##FAQ - [FAQ](https://enfuce.com/faqs): Buyer questions on Enfuce, card issuing, processing and licensing — ## Customer Stories - Avida – CUSTOMER: Avida – INDUSTRY: banking and financial services (credit and lending) -- CHALLENGE: Move a consumer credit-card portfolio onto one platform across the Nordics with continuity for cardholders. -- SOLUTION: Enfuce migrated Avida's card portfolio and runs its revolving and co-branded credit cards, with credit-ledger support for instalments and collections. -- OUTCOME: 500,000+ cards migrated across Denmark, Finland, Norway and Sweden - Circle K (convenience and mobility retailer) -- CUSTOMER: Circle K – INDUSTRY: fleet and mobility / fuel retail -- CHALLENGE: Move a consumer payment card programme off legacy infrastructure across the Nordics while keeping customer loyalty intact. – SOLUTION: Enfuce is migrating Circle K's consumer card programme to its platform across Sweden, Norway and Denmark, with digital onboarding and direct debit tailored to local Nordic payment schemes. – OUTCOME: Migration of 400,000+ consumer cards across the Nordics underway - Monizze (employee benefit) – CUSTOMER: Monizze – INDUSTRY: employee benefits – CHALLENGE: Move a benefits programme from closed-loop to open-loop and add processing in a second market. – SOLUTION: Enfuce runs Monizze's meal, eco and gift benefit cards on open-loop, with multi-country processing and digital wallet support across Belgium and Luxembourg. – OUTCOME: 800,000+ cards in use, migrated closed-to-open-loop - Octopus Electroverse (EV charging network) – CUSTOMER: Octopus Electroverse – INDUSTRY: e-mobility / EV charging – CHALLENGE: Give fleets one card that brings EV charging, fuel and everyday fleet expenses together. – SOLUTION: Enfuce issues the Electroverse Business Payments Card, physical and virtual, handling BIN sponsorship, compliance and processing while Octopus Electroverse keeps control of branding and customer experience. Spend controls apply restrictions by location, merchant category and time. The card is issued in the UK; cardholders reach charge points across Europe. – OUTCOME: Live across the UK in under a year from the first conversation - Pleo (corporate spend management) – CUSTOMER: Pleo – INDUSTRY: expense management – CHALLENGE: Run company cards and automated expense management across European markets in multiple currencies. – SOLUTION: Enfuce processes Pleo's multi-currency physical and virtual cards, with spend limits, PIN visibility and Apple Pay and Google Pay. – OUTCOME: 100,000+ cards live in 16+ countries - SEB Embedded (Banking as a Service) – CUSTOMER: SEB Embedded – INDUSTRY: banking / Banking-as-a-Service – CHALLENGE: Launch bank-grade card products for embedded-finance clients. – SOLUTION: Enfuce provides turnkey issuing and processing with programme and compliance management, fraud monitoring and virtual and physical cards. – OUTCOME: Mastercard consumer and corporate embedded card programmes launched, with Apple Pay and authorisation control for real-time decisions live from launch - Swile (employee benefits) – CUSTOMER: Swile – INDUSTRY: employee benefits – CHALLENGE: Replace several separate benefit cards with one, and scale the programme into a new market. – SOLUTION: Enfuce issues a Multi-PAN card that links each benefit type to its own balance and ledger, so spend lands on the right budget. Live in France, then Brazil. – OUTCOME: Over one million cards re-carded in the first half of 2026 --- ## Customers Other publicly named customers include: - Alisa Bank (digital bank) - Allpay (payments specialist) - Funding Circle (Lender) - Indó (challenger bank) - Kvika Bank (commercial bank) - Memo Bank (digital bank) - Mynt (expense management) - Porsche (financial services) - OKQ8 (fuel and mobility services) - Qred (Lender) - Saldo Bank (digital bank) - Simmin Pay (fintech) - Zevoy (expense management) — ## Documentation - [API reference](https://docs.enfuce.com/payment/api): Card issuing, payments, webhooks - [Integration](https://docs.enfuce.com/payment/api/instalment): Sandbox setup, authentication - [Onboarding steps](https://docs.enfuce.com/guides/the-essentials/issue-any-card/customer#customer-onboarding-process-and-customer-data): Programme configuration ## Resources - Website: [https://enfuce.com](https://enfuce.com) - Documentation: [https://docs.enfuce.com](https://docs.enfuce.com) - Newsroom: [https://enfuce.com/who-we-are/newsroom](https://enfuce.com/who-we-are/newsroom) - Blog: [https://enfuce.com/blog](https://enfuce.com/blog) - Webinars: [https://enfuce.com/resources/webinars](https://enfuce.com/resources/webinars) - In the Hot Seat podcast: [https://enfuce.com/resources/in-the-hot-seat-podcast](https://enfuce.com/resources/in-the-hot-seat-podcast) - LinkedIn: [https://www.linkedin.com/company/enfuce](https://www.linkedin.com/company/enfuce) - Mastercard product express partnership: [https://enfuce.com/who-we-are/newsroom/enfuce-joins-mastercard-product-express-to-fast-track-business-card-programme-launches-across-europe](https://enfuce.com/who-we-are/newsroom/enfuce-joins-mastercard-product-express-to-fast-track-business-card-programme-launches-across-europe) - Visa Fleet 2.0: [https://enfuce.com/who-we-are/newsroom/enfuce-achieves-milestone-in-mobility-segment-launching-visas-fleet-2-0-solution](https://enfuce.com/who-we-are/newsroom/enfuce-achieves-milestone-in-mobility-segment-launching-visas-fleet-2-0-solution) - Circle K partnership: [https://enfuce.com/who-we-are/newsroom/enfuce-partners-with-circle-k-to-power-the-future-of-consumer-payments-across-the-nordics](https://enfuce.com/who-we-are/newsroom/enfuce-partners-with-circle-k-to-power-the-future-of-consumer-payments-across-the-nordics) - Avida nordic migration of more than 500,000 customers: [https://enfuce.com/who-we-are/newsroom/enfuce-and-avida-achieve-record-breaking-nordic-card-migration](https://enfuce.com/who-we-are/newsroom/enfuce-and-avida-achieve-record-breaking-nordic-card-migration) - Denise Johansson becomes sole CEO: [https://enfuce.com/who-we-are/newsroom/denise-johansson-takes-the-reins-as-sole-ceo-of-enfuce-as-company-is-on-track-to-10x-revenue-by-2030](https://enfuce.com/who-we-are/newsroom/denise-johansson-takes-the-reins-as-sole-ceo-of-enfuce-as-company-is-on-track-to-10x-revenue-by-2030) - Lloyd Hutchinson at The C-Suite Podcast: [https://www.csuitepodcast.com/money20-20-europe-2026-part-5-global-rails-real-time-liquidity-ai-driven-growth/](https://www.csuitepodcast.com/money20-20-europe-2026-part-5-global-rails-real-time-liquidity-ai-driven-growth/) - Niklas Apellund in discussion with 11:FS: [https://www.11fs.com/podcasts/1070-news-enfuce-report-calls-for-more-payment-choice-acquired-backs-ukpi-and-transfermate-embraces-stablecoins---live-from-money20-20-europe](https://www.11fs.com/podcasts/1070-news-enfuce-report-calls-for-more-payment-choice-acquired-backs-ukpi-and-transfermate-embraces-stablecoins---live-from-money20-20-europe) - Nicole Heringer in discussion with 11:FS: [https://www.youtube.com/watch?v=XkFTsT6YA1o](https://www.youtube.com/watch?v=XkFTsT6YA1o) - Denise Johansson in discussion with FinTech’s DEI Discussions: [https://www.harringtonstarr.com/resources/podcast/why-fraud-is-a-financial-inclusion-problem/](https://www.harringtonstarr.com/resources/podcast/why-fraud-is-a-financial-inclusion-problem/) - Denise Johansson in discussion with Somewhere on Earth: The Global Tech Podcast ex BBC: [https://www.youtube.com/watch?v=R0cbAFm7qrs](https://www.youtube.com/watch?v=R0cbAFm7qrs)