Enfuce has announced a partnership with Síminn Pay, the fintech arm of Síminn in Iceland. Enfuce is launching a new, virtual commercial card programme for Síminn Pay, equipped with a CO2 calculator by climate action platform Deedster, to help its commercial clients reduce their carbon footprints.
This announcement follows a series of strategic partnerships unveiled by Enfuce, including collaborations with French worktech unicorn Swile in France to launch an all-in-one employee benefits card, and allpay, the UK’s leader in payment services for the public and social housing sectors to modernise payments in the UK public sector, showcasing Enfuce’s strong growth across Europe.
With this new partnership, Síminn Pay, with a substantial business client base of around 14,000 in Iceland, is introducing a commercial card solution that will provide an easy onboarding process and accessible credit lines for Síminn Pay’s customers. The new open loop Mastercard credit card, sponsored by Enfuce, is a virtual card compatible with Apple Pay and Google Pay.
While this programme is newly launched, the partnership between Enfuce and Síminn Pay has already proven successful
Since November 2022, Enfuce has issued 8,000 consumer credit cards for Síminn Pay, enabling its users to make seamless payments.
Monika Liikamaa, Co-Founder and Co-CEO of Enfuce, said: “We’re thrilled to be levelling up our long-standing partnership with Síminn Pay, a company that shares our Nordic values and commitment to sustainability. This collaboration is a testament to our joint vision for a more environmentally responsible future and to setting new standards in the fintech and telecom industries.”
Denise Johansson, Co-Founder and Co-CEO of Enfuce, added: “At Enfuce, rich collaborations are at the very heart of what we do, and our partnership with Síminn Pay and Deedster is a perfect example of the value we strive to create with our work. By bringing together Síminn Pay, Deedster and Enfuce we’re not only introducing cutting-edge financial tools for businesses in Iceland but also empowering them to make a positive impact on the environment.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData