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Enfuce and Swile Launch Groundbreaking All-in-One Payment Card to Transform Employee Benefits Landscape

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Helsinki, Paris June 4 2024 – Issuer processing powerhouse Enfuce today announces a strategic partnership with French worktech unicorn, Swile to launch an innovative all-in-one employee benefits card in France that is set to transform the entire employee benefits space.

Denise Johansson, Co-Founder & Co-CEO of Enfuce, comments: “This all-in-one card is truly changing the game for the entire employee benefits space, promising a single and easily accessible employee payment card, which makes life easier for both businesses and their employees. We’re proud to have launched a unique and groundbreaking solution, which is unparalleled in the market and we’re confident that with Swile we will continue on this journey to transform the future of employee benefits.”

Monika Liikamaa,Co-Founder & Co-CEO of Enfuce, comments: “We’re excited about this strategic partnership with Swile, a key player in the French employee benefit landscape. This collaboration aims to propel innovation and accelerate Swile’s growth and ensure they stand out as they look to dominate the market. At the same time, this represents a significant milestone in our growth journey and expansion across Europe, solidifying our position in the rapidly expanding and changing employee benefits sector, an increasingly vital segment for Enfuce’s success.”

Quentin Vigneau, Product Director – Payments at Swile, comments: “After more than one year of partnership with Enfuce, we have been just extremely happy about the level of commitment, enthusiasm, and craft Enfuce put in motion in order to help us deliver our card programs. This collaboration is instrumental in our ability to move fast across multiple geographies with an iterative approach to innovate. I guess it’s really about this great feeling you get with outstanding partner teams: they seem to be fully part of the company.”

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About Enfuce

Founded in 2016, Enfuce is a female-founded and led company with a unique vision: to bring the brightest minds and the best technology together to break down the barriers to prosperity.

As a leading global card issuer and payment processor that merges innovation, security, and expertise to create modular, cloud-based payment processing capabilities, Enfuce is one of Finland’s most valuable scaleups, and is the first financial service provider in the world to be PCI-DSS certified while running its service in the public cloud.

By focusing on collaboration, Enfuce is able to efficiently provide customers with cutting edge features – offering in-house experts and white labelled technology to help companies create scalable payment solutions with ease. Supporting debit, credit, prepaid, gift, fleet and fuel card programmes in any form – for consumer, commercial and B2B applications – Enfuce’s no-nonsense approach helps customers create bespoke payment solutions that are flexible, scalable and secure.

Holding an Electronic Money Institution (EMI) licence from the Finnish FSA and from the UK’s Financial Conduct Authority (FCA), enabling operations across Europe and the UK, Enfuce’s PCI-DSS certified platform guarantees 99.999% uptime, global scalability, and card scheme connectivity, supporting various card programs and integration with digital wallets. Enfuce has raised €68.5 million in funding rounds, showcasing its industry leadership with recognitions like Visa Fintech Fast Track and Mastercard Lighthouse Development Program participation, as well as winning prestigious awards, such as the 2019 PayTech Award for Best Payments Solution, 2022 FF Award for Mobile Payments and the 2023 FF Award for Authentic ESG. Propelled by the forward-looking vision of its Co-CEOs and Nordic ingenuity, Enfuce is set to expand globally, shaping the future of payment solutions.

About Swile

Swile, founded in 2018 by CEO Loïc Soubeyrand, is a pioneering worktech company that has rapidly transformed the employee benefits landscape with its digital-first approach. As the first Super-app for employees, Swile offers a unified, modern, and personalized experience, enhancing employee engagement and streamlining the management of benefits.

Operating in both France and Brazil, Swile supports over 5.5 million users and partners with 85,000 companies, including major names like Carrefour, JCDecaux, PSG, and Spotify. The company’s innovative solutions cover a range of employee benefits, such as meal vouchers, gift vouchers, and business travel services.