About Enfuce
Enfuce is a company based in Espoo (Finland) founded in 2016 by Tom Grahn, Monika Liikamaa, Niklas Apellund, William Ekstrom, and Denise Johansson.. Enfuce has raised $74.2 million across 5 funding rounds from investors including Tencent, Visa and Nordea. Enfuce operates in a competitive market with competitors including Zeta, Worldpay, Tink, Trustly and Adyen, among others.
- Headquarter Espoo, Finland
- Founders Tom Grahn, Monika Liikamaa, Niklas Apellund, William Ekstrom, Denise Johansson
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$446.41 K (USD)0as on Dec 31, 2022
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Net Profit
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EBITDA
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Total Equity Funding
$74.2 M (USD)
in 5 rounds
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Latest Funding Round
$9.34 M (USD), Series C
Nov 30, 2023
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Investors
Tencent
& 6 more
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Employee Count
Employee Count
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Funding Insights of Enfuce
Enfuce has successfully raised a total of $74.2M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $9.34 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $9.3M
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First Round
First Round
(12 Feb 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series C - Enfuce | Valuation | Vitruvian Partners | |
| Dec, 2021 | Amount | Series C - Enfuce | Valuation | Vitruvian Partners | |
| Mar, 2021 | Amount | Series B - Enfuce | Valuation | Tencent |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Enfuce
Enfuce has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Visa and Nordea. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth equity investments are directed toward expanding startups across sectors.
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Founded Year | Domain | Location | |
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A venture capital firm based in Helsinki, Finland, is operated.
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Founded Year | Domain | Location | |
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Digital payment solutions are offered to individuals and businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Enfuce
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Enfuce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Enfuce Comparisons
Competitors of Enfuce
Enfuce operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zeta, Worldpay, Tink, Trustly and Adyen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment and banking solutions are provided to users and banks.
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| domain | founded_year | HQ Location |
Payment services and analytics solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Tink is recognized as a leading European open banking platform.
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| domain | founded_year | HQ Location |
Open banking payment processing is enabled for businesses and consumers.
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| domain | founded_year | HQ Location |
Payment issuance and processing solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Electronic payments and transaction processing solutions are offered globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Enfuce
Frequently Asked Questions about Enfuce
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.
Who is the current CEO of Enfuce?
Monika Liikamaa is the current CEO of Enfuce. They have also founded this company.
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 B of $8.34M, raised on Feb 12, 2019.
What is the annual revenue of Enfuce?
Annual revenue of Enfuce is $446.41K as on Dec 31, 2022.
What does Enfuce do?
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.
Who are Enfuce's investors?
Enfuce has 7 investors. Key investors include Tencent, Visa, Nordea, Finnvera, and LähiTapiola.
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