Steven and Enfuce Partnered to Ease Sharing Expense System

Steven and Enfuce Partnered to Ease Sharing Expense System
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Enfuce and Steven, two renowned fintechs have partnered to make sharing expenses easy in Europe. Steven, a pioneering Swedish fintech, and Enfuce, one of the top fintechs in Europe have joined hands to extend the expense sharing service of Steven to many countries in Europe in the coming time, and this journey will begin from Sweden itself.

Jon Wimmercrantz, Chief Marketing Officer, Steven, stated, “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 a handful of other EU markets in the near future”.

Since they start working together, customers of Steven can monitor their expenses at the tip of their hands and chose the payment they want to share with others to get paid. Steven has been remarkable with its expense sharing abilities as it has allowed users to share while remaining on travel as well as share within your household or arranging party. The Swedish fintech organization has approx. 160,000 users making 100,000 expenses every month.

Monika Liikamaa, CEO and Co-Founder, Enfuce, commented, “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”.

Moreover, the userbase is growing organically with thousands of users every month. Enfuce helps Steven bring a Mastercard product to the market. The card is integrated into the Steven app, enabling even more seamless expenses. Consumers can begin using their new cards immediately with the largest digital wallets.

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

Read: Mastercard and Synctera Extends Partnership for Fraud Mitigation

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