The new capital will be used to further accelerate growth internationally as well as development of its technology platform.
Key applications of Enfuce include expense management, neobanks, fuel cards, loyalty programmes, as well as corporate and consumer lending.
Enfuce has over 13 million active card users on their platform for whom Enfuce processes close to EUR 1 billion transactions annually. In addition to Vitruvian Partners, the Company is backed by Tencent, Maki.vc and other early-stage investors.
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