When was Enfuce founded?

Enfuce was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is Enfuce located?

Enfuce is headquartered in Espoo, Finland. It is registered at 1 CHAPEL STREET,WARWICK,UNITED KINGDOM,CV34 4HL.

How many employees does Enfuce have?

As of Jun 30, 2026, the latest employee count at Enfuce is 187.

Is Enfuce a funded company?

Enfuce is a funded company, having raised a total of $74.2M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 12, 2019.

When was the latest funding round of Enfuce?

Enfuce's latest funding was a $***** Series C round on Nov 30, 2023, with participation from 3 investors.

Where does Enfuce rank among its competitors?

Enfuce ranks 10th amongst 205 active competitors, of which 21 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Silverflow, which secured $40M in Mar, 2026.

Who are the top competitors of Enfuce?

Enfuce's top competitors include FSS, Elavon and Monavate. Among them, Silverflow secured the most recent funding round in March, 2026.

Enfuce - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of open banking API solutions. It features My Carbon Action tool for tracking CO2 emissions of the purchases. It offers a cloud-based open banking platform for banks and financial institutions. It offers a regulatory compliance platform and an open banking hub that provides a platform for third parties to access data and initiate payments. It also offers the Enfuce Payment Platform that provides card issuing services for card products like consumer credit cards, prepaid cards, and prepaid cards.

Website: enfuce.com
Social
Email ID: *****@enfuce.com
Phone Number: +358 **********
Registered Address: 1 CHAPEL STREET,WARWICK,UNITED KINGDOM,CV34 4HL

Key Metrics

Founded Year

2016

Location

Espoo, Finland

Stage

Series C

Total Funding

$74.2M in 5 rounds

Latest Funding Round

Series C, Nov 30, 2023, $*****

Investors

Vitruvian Partners & 6 more

Ranked

10^th among 205 active competitors

Employee Count

187 as on Jun 30, 2026

Similar Companies

FSS & 268 more

View Enfuce's full profile

Enfuce is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ENFUCE UK LTD CIN: 13978639 , United Kingdom, Active	Mar 14, 2022	-	26 (As on Dec 31, 2023)
Enfuce Latvia CIN: 40203389534 , Latvia, Deadpooled	Mar 28, 2022	€0 - €1M (As on Dec 31, 2022)	5 (As on Dec 31, 2022)	-

Enfuce has raised a total funding of $74.2M over 5 rounds. Its first funding round was on Feb 12, 2019. Its latest funding round was a Series C round on Nov 30, 2023 for $*****. 3 investors participated in its latest round. Enfuce has 7 institutional investors.

Here is the list of recent funding rounds of Enfuce:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 30, 2023	6441496	Series C	9874487	8209973	6258179	8860706
Dec 06, 2021	2781034	Series C	3142852	9719786	8332177	Maki & 1 more
Mar 17, 2021	1536081	Series B	4787475	3580831	Tencent	Maki

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View details of Enfuce's funding rounds and investors

The founders of Enfuce are Tom Grahn, William Ekstrom and Niklas Apellund.

Here are the details of Enfuce's key team members:

Tom Grahn: Co-Founder of Enfuce.
William Ekstrom: Co-Founder of Enfuce.
Niklas Apellund: Co-Founder & CTO of Enfuce.

View details of Enfuce's Founder profiles and Board Members

Enfuce's employee count trend

Enfuce has 187 employees as of Jun 26. Here is Enfuce's employee count trend over the years:

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Top competitors of Enfuce include FSS, Elavon and Monavate. Here is the list of Top 10 competitors of Enfuce, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	FSS 1991, Chennai (India), Series C	Provider of payment technology solutions for card issuance and management	$127M	New Enterprise Associates, Premji Invest & 7 others	64/100
2nd	Elavon 1991, Atlanta (United States), Acquired	Global payment processing solutions for businesses of all sizes and industries	-	-	63/100
3rd	Monavate 2019, Cambridge (United Kingdom), Acquired	Online payment and issuer processing solution for businesses	$6.89M	-	63/100
4th	Conferma 2004, Cheadle (United Kingdom), Unfunded	Provider of virtual card and payment solutions for business transactions	-	-	62/100
5th	EVO Payments 1989, Atlanta (United States), Acquired	Merchant acquiring and payment processing solutions	-	Ranger Investments, MDP	61/100
6th	TSYS 1982, Columbus (United States), Acquired	Issuer processing solutions	-	-	60/100
7th	Paysera 2004, Vilnius (Lithuania), Series A	Banking channels and issuer processing solutions	$8.62M	-	59/100
8th	CPI Card Group 1995, Littleton (United States), Public	Payment card and issuer processing solutions	-	Demtech, Parallel49 Equity	59/100
9th	Silverflow 2019, Amsterdam (Netherlands), Series B	Issuer processor providing payment processing solution for businesses	$76.4M	Crane Venture Partners, Coatue & 6 others	58/100
10th	Enfuce 2016, Espoo (Finland), Series C	Provider of open banking API solutions	$74.2M	Vitruvian Partners, Visa & 5 others	58/100