The CFI.co judges have conferred on Enfuce the 2019 award for Best Payment & Compliance Solutions Europe 2019.
Highlights of the judging panel’s findings include:
- Based in the Nordics with offices in Finland and Sweden, Enfuce is one of the fastest growing fintech companies in the region.
- Enfuce creates custom-made solutions to provide compliance and enable collaborative partnerships. The Finnish start-up has achieved a ground-breaking year: launching new product categories — and securing a €5M round of funding in November 2019.
- Sustainability and collaboration are two of the company’s founding values, and its latest digital tool — My Carbon Action — enables consumers to measure individuals’ CO2e emissions based on their actual purchase history and lifestyle. My Carbon Action is a sustainability service for banks, other financial service providers, and merchants to help their customers track their actual carbon footprint per purchase.
The judging panel’s full report:
Enfuce: Best Payment & Compliance Solutions Europe 2019
The payments sector is subject to changing regulations, evolving consumer demands, and advancing tech capabilities. A new kind of payment service provider, Enfuce, is capable of not only rolling with industry change but of influencing its trajectory. Based in the Nordics with offices in Finland and Sweden, Enfuce is one of the fastest growing fintech companies in the region. The company attributes its success to a workforce of over 50 experts with fintech and banking backgrounds and can-do attitudes. Enfuce creates custom-made solutions to provide compliance and enable collaborative partnerships. The Finnish start-up has achieved a ground-breaking year: launching new product categories — and securing a €5M round of funding in November 2019. Part of this funding is earmarked to develop its new open banking platform and sustainability services. Sustainability and collaboration are two of the company’s core values, and its latest digital tool — My Carbon Action — enables consumers to measure individuals’ CO2e emissions based on their actual purchase history and lifestyle. My Carbon Action is a sustainability service for banks, other financial service providers, and merchants to help their customers track their actual carbon footprint per purchase. The fully automated, payment-based model calculates the CO2 emissions of every purchase, providing environmental insights that enable consumers to identify carbon-neutral shopping while providing businesses with a tool to prove their sustainability claims. Founded in 2016, Enfuce delivers a secure, cloud-based platform and an easily integrated API. It plans to leverage its innovative suite of services, which has already attracted over 8 million end-users, to capture more of the European market in 2020. Secure and fast, scalable and feature-rich, the CFI.co judging panel declares Enfuce the 2019 winner of the Best Payment & Compliance Solutions (Europe) award.
About Enfuce
Enfuce offers payment and open banking services to banks, fintechs, financial operators, and merchants. By combining industry expertise, collaborative partnerships and compliance, they are delivering long term and scalable solutions fast and secure. Established in 2016, Enfuce employs over 50 driven professionals in the Nordics and has over 8 million end-users in their platform. www.enfuce.com
About CFI.co
CFI.co is a print journal and online resource reporting on business, economics, and finance. The journal recognises that the traditional distinction between emerging and developed markets is now far less meaningful as world economies converge. Headquartered in London, the world’s most multicultural city, CFI.co covers and analyses the drivers behind that change. Combining the views of leading multilateral and national organisations with thought leadership from some of the world’s top minds – CFI.co’s dedicated editorial team ensures that readers better understand the forces influencing and reshaping the global economy. www.cfi.co
About the CFI.co Awards Programme
Each year, CFI.co seeks out individuals and organisations that contribute significantly to the convergence of economies and truly add value for all stakeholders. Reporting from frontlines of economies on the move, CFI.co realises that best practice is to be found throughout the world. The Awards Programme aims to identify and reward excellence wherever it is found. The programme aims to inspire others to further improve their own performance.
