<div>
 
 
 <ul>
 <li>
 
 Enfuce, a card issuing and processing infrastructure provider, announces securing an Electronic Money Institution (EMI) license from the UK's Financial Conduct Authority (FCA).
 
 </li>
 <li>
 
 With the FCA's EMI license, Enfuce meets regulatory compliance to offer electronic money services, card issuing, and payment processing services in the UK, accelerating its geographic expansion plans across the UK and Europe. The license allows for lower capital requirements compared to a full banking license in the UK and Enfuce already holds an EMI license from the Finnish Financial Supervisory Authority (FSA).
 
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 <li>
 
 Enfuce also named Laurence Krieger chairman of the board of directors. Krieger brings his expertise in the fintech and banking industry to support Enfuce&rsquo;s European expansion plans. His prior leadership roles include serving as Tide&rsquo;s UK CEO and Revolut&rsquo;s COO.&nbsp;
 
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 Analyst QuickTake: 
 Notably, Enfuce&rsquo;s news on securing its UK EMI license comes two weeks after another UK-based payments management platform, 
 <a href="https://sp-edge.com/companies/2402221">
 Navro
 </a>
 , secured 
 <a href="https://sp-edge.com/updates/26564">
 its EMI license
 </a>
 from the Central Bank of Ireland. Notably, this announcement comes&nbsp;within three months of Enfuce raising 
 <a href="https://sp-edge.com/updates/24530">
 EUR 8.5 million
 </a>
 (~USD 9.3 million) in funding to support its European expansion plans.
 
 </li>
 </ul>
 
 
</div>

<div>
 
 <a href="https://ffnews.com/newsarticle/paytech/enfuce-receives-emi-licence-to-boost-uk-expansion/">
 Fintech Finance
 </a>
 
 
 <a href="https://www.finextra.com/newsarticle/43761/enfuce-secures-uk-emi-licence-appoints-krieger-as-chairman?utm_medium=rssfinextra&amp;utm_source=finextrafeed">
 Finextra
 </a>
 
 
 
</div>

FinTech Infrastructure

ANALYST_QUICK_TAKE

<div>
 
 Enfuce, a company providing card issuing and processing infrastructure, has received an Electronic Money Institution (EMI) license from the UK's Financial Conduct Authority (FCA).
 This EMI license from the FCA allows Enfuce to offer electronic money services, as well as card issuing and payment processing services in the UK. This furthers the company's plans to expand across the UK and Europe. The license also has lower capital requirements compared to a full banking license in the UK. Notably, Enfuce already possesses an EMI license from the Finnish Financial Supervisory Authority (FSA).
 The company has also appointed Laurence Krieger as chairman of the board of directors. Krieger has significant expertise in the fintech and banking industry and has previously held leadership roles at Tide and Revolut. He will support Enfuce’s expansion strategy across Europe.
 
</div> Analyst QuickTake: 
 Notably, Enfuce’s news on securing its UK EMI license comes two weeks after another UK-based payments management platform, <a href="https: 
//sp-edge.com/companies/2402221"> Navro </a> , secured <a href="https: 
//sp-edge.com/updates/26564"> its EMI license </a> from the Central Bank of Ireland. Notably, this announcement comes&nbsp;within three months of Enfuce raising <a href="https: 
//sp-edge.com/updates/24530"> EUR 8.5 million </a> (~USD 9.3 million) in funding to support its European expansion plans.

Enfuce secures UK EMI license; accelerates European expansion plans

<div>
 Enfuce, a card issuing and processing infrastructure provider, has raised EUR 8.5 million (~USD 9.3 million) in funding led by Vitruvian Partners, with participation from Visa and Maki.vc. Enfuce's total funding now stands at EUR 62 million (~USD 67.7 million).
 The company earmarked the funds toward supporting its geographic expansion plans across Europe, including key markets such as Benelux, Germany, and France, and enhancing collaboration with Visa to offer innovative financial solutions.
 The platform reportedly processes more than USD 2 billion in total transactions annually.
</div> Analyst QuickTake: Last month, Imprint, a payment and loyalty card infrastructure provider, <a href="https://sp-edge.com/updates/23882"> raised USD 75 million in Series B funding </a> to strengthen its financial position and accelerate the platform's growth.

All Updates

Enfuce secures UK EMI license; accelerates European expansion plans

Enfuce raises EUR 8.5 million in funding to expand geographic presence