Finland · Payments & e-money
Enfuce License Services Oy
Enfuce License Services Oy is a Finnish limited company based in Espoo. The Finnish Financial Supervisory Authority (FIN-FSA) authorises it as an electronic money institution. The Enfuce group describes it as its licensed entity for BIN sponsorship and card issuance in the EEA. It is a subsidiary of Enfuce Financial Services Oy and issues debit, credit and prepaid cards through programmes run with partner brands, banks and fintechs.
Licences and registrations
Held by Enfuce License Services Oy (LEI 743700WRC8QM4A5D3G23). 2 entries on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterFinnish Financial Supervisory Authority | Account information service providerAccount Information Service Provider | 29925023 | Finland | Active | 2020-05-26 | — |
|
Search the register ↗ |
| EBA PSD2 RegisterFinnish Financial Supervisory Authority | Electronic money institutionE-Money / Stored Value Institution | 29925023 | Finland | Active | 2022-07-06 | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
Enfuce Financial Services Oy
Firm type
Banking as a service
Trades as Enfuce
- Ownership
- Enfuce Financial Services Oy is the direct and ultimate parent, and the group describes itself as private and backed by Vitruvian Partners, Maki.vc, Tencent and Visa.
- Direct parent
- Enfuce Financial Services Oy ↗, Finland
- Head office
- Metsänneidonkuja 12, 02130 Espoo, Finland
- Company register
- Finnish Trade Register (business ID) 2992502-3
- Founders
- Denise Johansson · Monika Liikamaa · Niklas Apellund
Online
- Websites & references
- enfuce.com ↗
docs.enfuce.com ↗ developer documentation - Official social accounts
- LinkedIn ↗ · Instagram ↗
Sources · 9 pages consulted
- enfuce.com/card-holders/eea-cardholders/
- docs.enfuce.com/guides/the-essentials/bin-sponsorship
- elsprepaid.com/wp-content/uploads/2024/01/ELS-Card-Terms-and-Conditions-Migri_EN2023-08-15.pdf
- uzraudziba.bank.lv/en/market/payment-service-providers/electronic-money-institutions/service-providers-from-
- enfuce.com/platform/licensing
- enfuce.com/who-we-are
- enfuce.com/press-releases/europes-payments-powerhouse-just-got-stronger-marten-mickos-joins-enfuce-a
- enfuce.com/who-we-are/newsroom/denise-johansson-takes-the-reins-as-sole-ceo-of-enfuce-as-company-is-
- enfuce.com/press-releases/vitruvian-partners-visa-maki-vc-take-stake-in-enfuce/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FIN-FSA authorises the firm as an electronic money institution. According to the group, the licence is passported across the EEA, and UK issuing sits with a separate FCA-authorised group entity.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Finnish Financial Supervisory Authority (FIN-FSA) Finland | Electronic money institution | 29925023 | In its own name | Active | enfuce.com ↗ |
| Finnish Financial Supervisory Authority (FIN-FSA) Finland | Account information service provider | 29925023 | In its own name | Active | — |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm states that it keeps cardholder funds apart from its own money in a designated safeguarding bank account, which has priority status if it becomes insolvent.
- Payment schemes and card networks
- Visa Direct docs.enfuce.com ↗
Mastercard Direct docs.enfuce.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It acts as BIN sponsor and Visa and Mastercard card issuer for programme partners that distribute cards and support cardholders, including a prepaid card for the Finnish Immigration Service.
According to the group, its FIN-FSA licence is passported to other EEA countries, and the Latvian supervisor lists it as providing services cross-border.
- Sells to
- Enterprises · Financial institutions · Platforms and marketplaces · Public sector · Consumers
- Serves customers in
- Finland
- Latest funding round
- follow-on investment round · EUR 8.5m Nov 2023Led by Vitruvian Partners
- Total raised
- EUR 68.5m to Nov 2023 · enfuce.com ↗
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Denise Johansson CEO & Co-founder (Enfuce group)
- Chair
- Mårten Mickos Board Chairman of Enfuce Financial Services (parent company)
- Chief financial officer
- Fernley Blackler CEO (UK) and CFO (Enfuce group)
- Founder
- Niklas Apellund CTO & Co-founder (Enfuce group)
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The parent company Enfuce Financial Services appointed Mårten Mickos as board chairman.
enfuce.com ↗ -
Leadership
The Enfuce group moved to a single-CEO structure with Denise Johansson as CEO, and co-founder Monika Liikamaa left the co-CEO role.
enfuce.com ↗ -
Funding
The Enfuce group raised EUR 8.5 million in a follow-on round led by Vitruvian Partners, with Visa and Maki.vc participating.
enfuce.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · EBA-PSD2
- 29925023
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Matched by Elucidate to GLEIF on name, country and address
- Elucidate firm ID
- 079ae8b4029a
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- E-Money / Stored Value Institution
- Activities
- Payment services
- Payment initiation
- Account information
- E-money / stored value
- Licensed in
- Finland · Europe & Central Asia
- First registered
- 2020-05-26
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Enfuce Financial Services Oy · Finland7437005L23SW64SA2V69 ↗
The Enfuce Financial Services Oy group has 2 institutions in the directory, in 2 countries: none holds a BIC.
Including Enfuce UK Ltd.
See the Enfuce Financial Services Oy group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- Metsänneidonkuja 12, ESPOO, 02130
- Country
- Finland
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in one address line
<FinInstnId>
<LEI>743700WRC8QM4A5D3G23</LEI>
<Nm>Enfuce License Services Oy</Nm>
<PstlAdr>
<PstCd>02130</PstCd>
<TwnNm>ESPOO</TwnNm>
<Ctry>FI</Ctry>
<AdrLine>Metsänneidonkuja 12</AdrLine>
</PstlAdr>
</FinInstnId>- CBPR+ does not accept the character ä in names and addresses. Transliterate before sending.
CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- EBA PSD2 Register—European Banking Authority (EBA) · source ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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