Steven expands expense sharing in Europe through Enfuce

Thursday 12 May 2022 09:49 CET | News

Sweden-based fintech Steven has chosen Enfuce as its payment card issuing provider to  expand the former’s expense sharing solution in Europe.

With Steven, users can keep track of all of their expenses in real time and select the ones they want to share with others to get paid. There are many use cases for Steven, such as sharing expenses when traveling together, arranging a party or sharing expenses within a household. Steven has around 160,000 users generating 100,000 expenses per month.

With the help of Enfuce, Steven is launching a Mastercard product. The card is connected to the Steven app, making sharing expenses more seamless. Customers can start using their new card instantly with multiple digital wallets. Both companies have been part of Mastercard’s Lighthouse FINITIV programme where they initially connected, a programme which brings startups, banks, investors and advisors together to scale innovative ideas.

Representatives from Enfuce stated that Steven is a forerunner in expense sharing, and they’re happy to partner with them to help them scale their solution all across Europe. Like Enfuce, Steven has global aspirations and they are on this journey together.

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Keywords: mobile payments, partnership, spend management, sharing economy, MasterCard, Issuer
Categories: Payments & Commerce
Companies: Enfuce Financial Services, Steven
Countries: Europe, Sweden
This article is part of category

Payments & Commerce

Enfuce Financial Services



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