News

Enfuce, SEB Embedded, and Humla launch Hemköp card

Tuesday 17 December 2024 14:38 CET | News

Enfuce, a card issuing and payment processing company, has teamed up with SEB Embedded and Humla to introduce the Hemköp Matkonto payment card.

The new product is aimed at improving how Swedish consumers manage their grocery spending. The card, now available to Hemköp customers, combines everyday shopping with advanced digital payment tools, allowing users to easily track spending and manage their budgets.

One of the key features of the Hemköp Matkonto card is the ability to earn 25% more membership points when shopping at Hemköp, both in-store and online. The card is powered by Enfuce’s cloud-based infrastructure, which ensures the platform is secure and efficient, making it easier for customers to keep track of their grocery purchases.




The collaboration between Enfuce, SEB Embedded, and Humla is an example of how fintech and retail are coming together to provide solutions that meet the needs of modern consumers. The Hemköp Matkonto card is not just a typical loyalty card, but a financial tool that helps customers manage their grocery budget while offering added rewards.

The beginning of a future together

This product is the first to launch from the partnership and highlights how embedded finance is changing the way people interact with financial services. By integrating financial tools directly into the shopping experience, the card makes it easier for users to manage their finances and rewards.

The launch of the Hemköp Matkonto card is just the beginning for Enfuce, SEB Embedded, and Humla, with plans for further innovations in embedded finance. As more consumers seek integrated financial solutions, the partnership aims to offer more ways for customers to manage their finances with ease, setting the stage for new developments in the retail and fintech space.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: partnership, virtual card, payment methods, digital payments, retail
Categories: Payments & Commerce
Companies: Enfuce, SEB Embedded
Countries: Sweden
This article is part of category

Payments & Commerce

Enfuce

|

SEB Embedded

|
Discover all the Company news on Enfuce and other articles related to Enfuce in The Paypers News, Reports, and insights on the payments and fintech industry: