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Zevoy partners up with Enfuce as its payment processor to expand its all-in-one expense management solution across Europe

Zevoy, a Finnish expense management fintech, has chosen Enfuce, one of Europe’s leading fintechs, as its payment service provider. With the partnership with Enfuce, Zevoy will expand its all-in-one expense management solution, powered by Zevoy’s all-in-one Visa* business card product, to several European markets.

Zevoy was founded in August 2020 with a clear mission to do what other expense management companies have done but in a smarter and faster way as it should have been done from the start. Simply put, efficient expense management brought together in one seamless solution. 

With Zevoy, companies can simplify expense management through combining Visa* business cards with receipts, manage cards and transactions, send expense reports directly to accounting, and automate all company expenses in a real-time, all-in-one software.

In a record-breaking time, the experienced team has managed to get FSA approvals, Visa Principal Membership and launched an all-in-one Visa* business card running on Zevoy ecosystem. All of this was done in less than a year – with a pandemic-style organization built fully digital from the get-go with teams in Helsinki, Stockholm and Skopje.

By the end of 2021, Zevoy will expand its operations to multiple European markets and become the leading expense management solution provider over time.

“We want entrepreneurs to spend time on their business and our goal is to make expense management less of a hurdle. The trick is to do it right from the beginning with a combination of deep banking know-how combined with super-fast startup entrepreneurial mindset, and of course great partners.”

Christoffer Rosqvist, Founder and CEO of Zevoy.

In this partnership, Enfuce will handle payment processing for Zevoy’s all-in-one Visa* business card product connected to the expense management solution.

“We at Enfuce are very impressed by how quickly Zevoy has grown in just one year. We see great potential for them globally, and their solution will simplify expense management for many companies.”

Monika Liikamaa, CEO & Co-founder at Enfuce.

Zevoy is a payment institution regulated and authorized by the Finnish Financial Supervisory Authority (FIN-FSA).

*Visa is a registered trademark of Visa International Service Association.

For more information

Monika Liikamaa, CEO & Co-founder of Enfuce, +358 50306 5213, monika@enfuce.com

About Zevoy

Zevoy is an expense management solution powered by Zevoy’s Business Card. Our technology, offered as a SaaS service, combines our business card with a receipt scanning app and administration portal into one seamless expense management solution saving companies time and money while increasing employee satisfaction.  

Our mission is to provide companies with efficient and simple financial services so that companies can spend more time on their business.

Zevoy is a payment institution regulated and authorized by the Finnish Financial Supervisory Authority. The business cards are issued by Zevoy pursuant to a license from Visa Europe Limited.

About Enfuce

Enfuce offers payment, open banking and sustainability services to banks, fintechs, financial operators, and merchants. By combining industry expertise, innovative technology and compliance, Enfuce delivers long-term and scalable solutions quickly and securely. Founded in Finland, Enfuce recently expanded its geographic presence in Germany, Latvia, Sweden, and the UK and has over 16 million active card users on their platform from whom Enfuce processes close to €1 billion transactions annually.

Enfuce has raised multiple rounds of venture capital funding and has been recognised by e.g. TheFinTech50, Visa Fintech Fast Track programme, Mastercard Lighthouse Development Programme, Deloitte Technology Fast 50, and as winner of the 2019 PayTech Award for “Best Payments solution for Payment Systems in the Cloud”.

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