Finland-based fintech company Enterpay announced that it has closed an investment from Swedish venture capital company NFT Ventures.
“As an investor, NFT is ideal for us, as it can support our international growth not only through its investment but also through its know-how and international networks. In this sense, cooperation with NFT that specializes in financial technology is particularly relevant to us. NFT will bring more skills and resources also to the marketing of our products,” Jarkko Anttiroiko, CEO of Enterpay, stated.
With this investment, the fintech startup will have the strengths to start the groundwork in entering and establishing itself in the global market. Enterpay specializes in developing payment solutions for B2B e-commerce and its automated payment service makes B2B buyers purchasing in real-time for their company with no preregistration.
The recent investment in Enterpay will be used by NFT Ventures to grow and scale up its service and business in the domestic market in Finland as well as expand to the Nordics. Apart from targeting new markets, the investment will also be utilized to further develop Enterpay’s product’s user experience and service features.
“It is very encouraging that we are now investing in Enterpay – a company that we know has a very interesting offer to the market. Enterpay is also our first investment in Finland,” Johan Lundberg, CEO of NFT Ventures, said.
