W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with Enfuce to provide a range of compliance solutions through its award-winning platform.
Enfuce, a leading Nordic fintech, offers payment, open banking and sustainability services to banks, fintechs, financial operators, and merchants. They are quickly becoming one of the most dynamic forward-thinking and innovative payment service providers in Europe.
To enable their ambitious growth plan, they were searching for a trusted and scalable provider for KYC and KYB processes that could support them in all European markets. This will allow Enfuce to offer a full turnkey payment processing and card issuing service across Europe.
Monika Liikamaa, Co-founder, Group CEO & Chair at Enfuce commented “We had a really exciting opportunity to support a major global partner in opening up a new market in EEA but to succeed we needed to find a solution that streamlined our KYB and KYC requirements. In W2 we found a partner that could not only deliver on this one key project by adapting and aligning their KYB and KYC solutions to meet some exacting regulatory requirements, but forward-thinking enough to recognize the long-term growth opportunity and help support us on that. We see a lot of synergies in how our two companies think and work and are very much looking forward to the partnership we have set up.”
Warren Russell, CEO & founder of W2 commented that “Delivering on challenging projects is always rewarding but the chance to work on this with Enfuce was a real pleasure. Two teams working together to ensure compliance and reduce complexity is a great example of what partnership should be. How we align our KYB, KYC and AML services through our platform is critical to our clients and we look forward to working with Enfuce as they open up new markets and deliver on their client’s expectations”.
if you, or your business would like to know more about W2’s range of products, contact us here.
- W2 Wins SBC Fraud & Compliance Solution of The Year - 11th December 2020
- W2 Announce Key Strategic Partnership With Enfuce To Help Open Up New Markets And Align KYB And KYC Compliance - 2nd December 2020
- KPIs and Problem Gambling Webinar – Key Takeaways - 29th October 2020