Finland-based payment processor Enfuce is expanding its operations in the United Kingdom. The FinTech said in a Tuesday (Feb. 27) press release that it received an electronic money institution (EMI) license from the U.K.’s Financial Conduct Authority, allowing it to provide issuing and payment solutions...
Embedded financing company Enfuce has raised $9.3 million to expand into new markets. The Finnish firm’s follow-on investment round was led by Vitruvian Partners, with participation from Maki.vc and Visa, according to a Thursday (Nov. 30) press release. It comes amid a continued downturn in...
Danish FinTech Flatpay has raised €15 million (about $16 million) in its Series A funding round to expand its presence in Denmark, Finland and Germany and continue its product development. Flatpay offers a flat-rate point-of-sale (POS) technology for businesses that aims to make payments transparent and...
Finland’s Voima Ventures has closed a $97 million fund to support deep tech firms. The fund will back Nordic and Baltic early-stage companies focused on “science-driven entrepreneurship,” Voima said in a Tuesday (June 13) news release. “Now is the time to scale science-based solutions into...
March 01, 2023
Real-time payments are quickly becoming ubiquitous in developed nations worldwide, with businesses and consumers relying on this payment method in ever-growing numbers. A PYMNTS study found that 86% of businesses generating between $500 million to $1 billion in annual revenue leverage real-time payments, for example, reporting improved cash flow management capabilities and greater transparency in […]
January 09, 2023
Eurozone inflation has dropped back into the single figures after two months of double-digit rates. The latest figures from the EU statistics agency Eurostat estimate that the annual inflation rate...
June 26, 2017
iZettle is announcing today that it has added two more arrows into its SMB quiver: local mobile payment solutions and invoicing. We talked to iZettle Co-Founder and CEO Jacob de Geer about these new services...
September 01, 2016
Member Banks of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) seem to be in the cybercriminal’s crosshairs these days. The global interbank messaging system reportedly sent private letters to...
February 27, 2024
Finland-based payment processor Enfuce is expanding its operations in the United Kingdom. The FinTech said in a Tuesday (Feb. 27) press release that it received an electronic money institution (EMI) license from the U.K.’s Financial Conduct Authority, allowing it to provide issuing and payment solutions to new and existing customers in Great Britain. “Enfuce will […]
November 30, 2023
Embedded financing company Enfuce has raised $9.3 million to expand into new markets. The Finnish firm’s follow-on investment round was led by Vitruvian Partners, with participation from Maki.vc and Visa,...
June 26, 2023
Danish FinTech Flatpay has raised €15 million (about $16 million) in its Series A funding round to expand its presence in Denmark, Finland and Germany and continue its product development. Flatpay...
June 13, 2023
Finland’s Voima Ventures has closed a $97 million fund to support deep tech firms. The fund will back Nordic and Baltic early-stage companies focused on “science-driven entrepreneurship,” Voima said in...
