back Back

Steven partners with Enfuce to make sharing expenses easy in Europe

By Leandra Monteiro

May 16, 2022

  • Digital Wallets
  • Enfuce
  • Expense Sharing

Enfuce, Steven The Swedish expense sharing FinTech Steven has chosen Enfuce, one of Europe’s leading FinTechs, as its payment card issuing provider. The aim of the partnership is to expand Steven’s expense sharing solution to multiple European countries in the near future, starting from Sweden.

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 travelling together, arranging a party or sharing expenses within your household. The company has around 160,000 users generating 100,000 expenses per month – and its user base is growing with thousands of users organically each month.

With the help of Enfuce, Steven is launching a Mastercard product. The card is connected to the Steven app, making sharing expenses even more seamless. Customers can start using their new cards instantly with the biggest digital wallets.

“We highly value our partnership with Enfuce because we are doing great things together. They are enabling us to launch a payment card as well as digital wallets making sharing expenses with friends and family even more seamless in Sweden and in a handful of other EU markets in the near future,” said Jon Wimmercrantz, Chief Marketing Officer at Steven.

“Steven is a forerunner in expense sharing, and we’re very happy to partner with them to help them scale their innovative solution all across Europe. Like Enfuce, Steven has global aspirations and we are on this journey together,” said Monika Liikamaa, CEO and Co-founder at Enfuce.

Both the companies have been part of Mastercard’s Lighthouse FINITIV program where they initially connected. A program which brings startups, banks, investors and advisors together to scale innovative ideas.

“It is great to see two innovative companies like Steven and Enfuce from our Mastercard Lighthouse program collaborating making sharing expenses easier,” said Mats Taraldsson, Head of Innovation, Fintech and Impact-Tech Engagement, Mastercard Nordic and Baltic.

Previous Article

May 16, 2022

Gravystack raises $5.2m to launch gamified financial literacy banking platform

Read More
Next Article

May 16, 2022

Relai announces plans for a bitcoin debit card

Read More

IBSi Daily News Analysis


July 19, 2024

Digital Wallets

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 19, 2024

Ecommpay & Mastercard partner to deliver Click to Pay in Europe

Read More

July 19, 2024

FinTech Focus: Catch latest developments of the week

Read More

July 19, 2024

Paysys Labs & Raqami Islamic Digital Bank to fuel digital payments in Pakistan

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024