Enfuce Extends Partnership with Mastercard to Expand Its CaaS Platform in the Nordics

Enfuce has announced an extended partnership with Mastercard to expand the company's Card as a Service platform in the Nordics. Through the partnership, Mastercard powers Card as a Service with tokenised multi-currency BINs in the Nordics, enabling Enfuce's customers to launch and issue their own physical and virtual Mastercard payment cards in weeks.

Enfuce Card as a Service is a turnkey card issuing service including BIN sponsorship, program management, card life cycle management, and fraud and dispute management. Enfuce helps fintechs to become card issuers in weeks and enable their customers to start paying instantly from applying for their cards. 

"We've proven that our Card as a Service offering has great attraction in the industry. We're excited to work together with Mastercard to further strengthen our leading position in the Nordics. This enhanced partnership is a result of our great collaboration over the span of many years," said Denise Johansson, Co-CEO and Co-Founder at Enfuce.

"We are proud to expand our partnership with a successful fintech company like Enfuce and excited to have a local partner in the Nordics providing Card as a service, enabling fintechs to launch Mastercard cards in just weeks. As Enfuce is the first ever winner of our partnership program Lighthouse, it is certainly a privilege to continue to be part of their expansion journey," said Johan Modenius, Head of Financial Institutions, Nordics and Baltics, at Mastercard.