Enfuce secured access to financing totalling €10 million.

Finland Investments 20 November 2019
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Enfuce, an Espoo, Finland-based payment service provider, announced that it secured financial access to funding totalling €10 million.

The funding is a combination of equity from Nordic investors, including the Finnish VC firm Maki.vc and of venture debt from Nordea, LähiTapiola, and Finnvera. The debt round totals €5 million and was announced earlier in 2019.

Enfuce, founded in 2016 by Monika Liikamaa, CEO Denise Koskinen and William Ekström, offers payment and open banking services to banks, fintechs, financial operators, and merchants. The company has 53 employees and over 8 million end-users in their platform, with revenue of over EUR 4 million for 2018.