Orka to enable reverse financing with Enfuce

(CIANEWS) - Czech-British-Icelandic fintech group Orka Ventures has announced a new partnership with Finnish Enfuce, a pioneer in the field of cloud-based processing of card transactions. The result will be the new payment card and mobile application Orka Card Pay Now, Finance Later, which will offer an alternative to consumer loans. It will allow customers to refinance goods that they originally purchase with their own funds. The application will be presented for the first time in Iceland in 1Q 2023. Orka Card will enter the Czech market in 2023. Cooperation with Enfuce will support the expansion of Orka Ventures to key Nordic markets. At the same time, it will accelerate growth in the Czech Republic, Denmark and Iceland, where the group already operates. Orka Ventures plans to reach at least 500,000 customers in Europe under the Orka Card brand.



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