Octopus Energy’s Electroverse and Enfuce Unveil Payments Card to Accelerate Fleet Electrification in the UK
Amsterdam, London, 4 June 2025 – Issuer processing powerhouse, Enfuce, today announced its strategic partnership with Octopus Energy’s Electroverse, Europe’s largest EV charging network, to launch the Electroverse Business Payments Card, a next-generation fleet payment solution designed to simplify expense management for fleets and accelerate the shift to electric mobility for businesses across the UK.
As Europe’s largest EV charging network, Electroverse already connects drivers to more than 960,000 chargers across the UK and Europe through a network of more than 1,100 different charging operator brands in over 40 countries.
Now, powered by Enfuce’s unique cloud-native architecture, Octopus is expanding its offering with a powerful all-in-one payment card that brings together fleet charging, fuelling, and everyday fleet costs, from meals and travel to car washes and maintenance, in a single solution.
The Electroverse Business Payments Card is an open-loop Visa Fleet 2.0 solution that enables advanced real-time spend controls, instant transaction monitoring, built-in regulatory compliance, and robust fraud prevention, giving fleets full financial visibility and operational control.
As the first issuer processor certified for Visa Fleet 2.0 in Europe, and with a modular platform built for speed, flexibility, and regulatory strength, Enfuce was uniquely positioned to power a solution that redefines fleet mobility, perfectly aligned with Octopus’s mission to accelerate sustainable transport in the UK.
This announcement comes at a pivotal time. With EVs expected to dominate fleets by 2030 and new regulatory requirements on the horizon, the demand for a future-proof, scalable payment infrastructure has never been greater.
This milestone also marks another major step in Enfuce’s expansion across the UK. After securing key partnerships, including with allpay Limited, the UK’s leading payments solutions provider, and receiving its Electronic Money Institution (EMI) licence from the Financial Conduct Authority (FCA) in 2024, Enfuce is now scaling rapidly across the country, cementing its positioning as the strategic payments partner for the UK’s most forward-thinking brands in mobility, banking and beyond.
Together, Enfuce and Octopus are delivering a smart, scalable payments solution that gives fleets real-time control, full financial transparency, and the flexibility to manage spend across every aspect of mobility, laying the foundation for a more connected, sustainable, and intelligent future of fleet operations.
Monika Liikamaa, Co-Founder & Co-CEO of Enfuce says: “The launch of the Electroverse Business Payments Card is a game-changer for fleet electrification. As the first issuer processor certified for Visa Fleet 2.0 in Europe, Enfuce is uniquely equipped to deliver solutions that meet the complex needs of modern mobility. Together with Octopus, we’re helping businesses take control of their fleet spend and accelerate their transition to electric at scale.”
Denise Johansson, Co-Founder & Co-CEO of Enfuce says: “For us, this isn’t just about enabling payments, it’s about accelerating meaningful progress in mobility. As EV adoption grows, the infrastructure behind it must evolve just as rapidly. This partnership with Octopus Energy’s Electroverse showcases how innovative technology and shared vision can come together to solve real challenges for fleets. It’s a bold step toward building a cleaner, smarter, and more connected future of transport.”
Matt Davies, Director and Creator of Octopus Energy’s Electroverse says: “Electroverse started with a simple goal: to take the hassle out of EV charging. Now we’re taking that vision even further – empowering businesses with the tools they need to electrify their fleets with confidence, regardless of where they are in the transition. Every solution that brings more EVs onto the road counts, and we’re proud to be building the infrastructure that helps businesses lead the shift to smarter, more sustainable transport.”
ENDS
For more information: enfuce@hardnumbers.co.uk
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 programmes 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 Octopus Electroverse
Launched in summer 2020, Octopus Electroverse is Octopus’ answer to the frequent complaint that Electric Vehicle (EV) drivers need many different apps and cards to use the many different brands of EV charging stations. Electroverse is making public charging simple by having just one card and one app, with zero added costs or ongoing fees, and support for the latest in-car technology.
EV drivers across the globe can now access over 960,000 different charge points from over 1,100 different charging operator brands in over 40 countries. Electroverse is open to anyone, and Octopus Energy customers have the option of linking their public EV charging with their home energy bill for the ultimate simplicity. Electroverse won ‘Best EV Innovation’ at Driving Electric Awards 2021, ‘Best Use of Technology’ at UK Business & Innovations Awards 2022, ‘Mobile Innovation of the Year’ at National Tech Awards 2024, and ‘ Best Consumer Proposition’ at the Electric Vehicle Innovation and Excellence Awards (EVIEs) 2024.
For more information on Electroverse, head to our website.
About Octopus Energy Group
Octopus Energy is a global clean energy tech business, driving the affordable, green energy system of the future. Under its own retail brand, Octopus delivers world-class customer service and cutting edge energy products to 9 million households globally. Its operations span 32 countries and the entire energy value chain. The group invests in, builds and flexibly manages renewable energy, operating a £7 billion portfolio of projects.
Octopus has licensed its advanced data and machine learning platform, Kraken, to support over 60 million customer accounts worldwide through licensing deals with companies such as EDF, E.ON and Origin Energy. Kraken enables Octopus to drive the electrification of heat and transport through smart tariffs and innovative cleantech. Backed by pension funds, investors and energy giants, Octopus Energy Group businesses deliver cheaper, greener energy and cutting-edge tech to countries and customers worldwide.
For more information, check out our website.
