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APIs · head to head

Enfuce vs Soldo

Enfuce logo

Enfuce

APIs

European issuer processor holding its own payment institution licence

From
On request
Rated
-
Full reviewWebsite
Soldo logo

Soldo

Accounting

Prepaid company card and spend control platform for European businesses

From
£21/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Enfuce coverage is European, so a programme that also needs US or Asian issuing requires a separate processor and a separate integration.; Soldo cards are prepaid, so if the central wallet runs low the cards decline in front of a supplier, and treasury has to keep an idle float funded rather than using a credit line.
  • They diverge on capability: Enfuce covers Licensed issuing, Soldo covers Prepaid company cards.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Enfuce and Soldo actually diverge.

Attributes where Enfuce and Soldo differ
AttributeEnfuceSoldo
Starting priceOn request£21/month
Pricing modelquotePer user per month
PlatformsWeb, REST APIWeb, iOS, Android
CategoryAPIsAccounting

Identical on both: free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Enfuce

  • Licensed issuing
  • Card processing
  • Tokenisation
  • Spend controls
  • Multi-currency programmes
  • Carbon and data services

Only in Soldo

  • Prepaid company cards
  • Card-level budgets
  • Receipt capture
  • Accounting export
  • Multi-currency wallets
  • Approval workflows

What people use each for

The jobs each tool is most often brought in to do.

Enfuce

  • A European fintech launching cards without spending two quarters finding a sponsor banknot Soldo
  • A corporate issuing fuel or expense cards across several EU countries on one programmenot Soldo
  • A bank migrating an existing European card portfolio off a legacy processornot Soldo
  • A programme that must report cardholder transaction carbon data to meet sustainability commitmentsnot Soldo

Soldo

  • A construction firm giving site managers fuel and materials cards with hard per-card limitsnot Enfuce
  • A marketing team issuing virtual cards per subscription so a cancelled tool cannot keep billingnot Enfuce
  • A UK company that cannot get approved for a credit-based corporate card programmenot Enfuce
  • A multi-entity European business needing EUR and GBP wallets without conversion on every purchasenot Enfuce

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Enfuce

  • Coverage is European, so a programme that also needs US or Asian issuing requires a separate processor and a separate integration.
  • Where Enfuce acts as the licensed issuer it takes on regulatory risk and prices accordingly, so the convenience of skipping a sponsor bank is not free.
  • European interchange caps limit programme revenue far below US levels, so business cases imported from a US card model do not survive the move.
  • It is a smaller supplier than Marqeta or i2c, which means less negotiating room on scheme fees and a thinner partner ecosystem around it.
  • Pricing is entirely quoted with monthly minimums, so low-volume programmes carry a fixed cost that does not scale down with a slow launch.

Soldo

  • Cards are prepaid, so if the central wallet runs low the cards decline in front of a supplier, and treasury has to keep an idle float funded rather than using a credit line.
  • The plan fee covers only three users, and per-user charges plus physical card fees mean the real monthly cost is several times the advertised headline for a team of twenty.
  • It does not extend credit, so it gives no working capital benefit and no card rewards of the kind US charge card issuers use to offset their cost.
  • Sole traders and some business types are not accepted, which catches out small consultancies expecting to sign up online.
  • Coverage is European; a company with US or Asian subsidiaries will need a second card programme and a second expense workflow for them.

Pricing, plan by plan

Enfuce

On request
  • Enfuce issuing and processing$undefined/year
    • Per-active-card and per-transaction fees with monthly minimums
    • Higher pricing where Enfuce acts as licensed issuer rather than processor only
    • Interchange arrangements depend on who holds the issuing licence

Soldo

£21/month
  • Standard$21/month
    • Three users included
    • Around £7 per additional user per month
    • Physical card issuance fee around £5, virtual around £1
  • Plus$33/month
    • Three users included
    • Around £11 per additional user per month
    • Advanced approval and multi-currency features
  • Enterprise$undefined/month
    • Quoted pricing
    • Custom card volumes and entity structures
    • Dedicated account management

Which should you pick?

Choose Enfuce if

  • You need licensed issuing.
  • You work on Web, REST API.
  • You also want card processing.
Enfuce review

Choose Soldo if

  • You need prepaid company cards.
  • You work on Web, iOS, Android.
  • You also want card-level budgets.
Soldo review

Questions people ask

Is Enfuce or Soldo better?
Neither clearly leads. Enfuce starts at On request and Soldo at £21/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Enfuce or Soldo?
Enfuce starts at On request and Soldo at £21/month.
Does Enfuce or Soldo run on more platforms?
Enfuce runs on Web, REST API. Soldo runs on Web, iOS, Android.
What is Enfuce best used for?
Enfuce is most often used for a european fintech launching cards without spending two quarters finding a sponsor bank, a corporate issuing fuel or expense cards across several eu countries on one programme, a bank migrating an existing european card portfolio off a legacy processor, a programme that must report cardholder transaction carbon data to meet sustainability commitments. Of those, a european fintech launching cards without spending two quarters finding a sponsor bank and a corporate issuing fuel or expense cards across several eu countries on one programme are not what Soldo is typically brought in for.
What can Enfuce do that Soldo cannot?
Enfuce covers Licensed issuing, Card processing, Tokenisation, Spend controls. Soldo covers Prepaid company cards, Card-level budgets, Receipt capture, Accounting export.

Answered from the vendors’ own pages

Enfuce: Do I need my own licence to use Enfuce?

Not necessarily. Enfuce holds Finnish payment institution authorisation and can act as issuer, or process under your own licence if you have one.

Soldo: Is Soldo a credit card?

No. It is prepaid electronic money. You fund a wallet and cards spend from it, so there is no credit line and no interest-free period.

Enfuce: Which regions does it cover?

Europe. It is not a route to issuing cards in the United States or Asia.

Soldo: What licence does Soldo hold?

Soldo is authorised as an electronic money institution, including UK, Irish and Italian entities, which is why it can issue cards without a sponsor bank in those markets.

Enfuce: How does interchange work?

Who holds the issuing licence determines who receives interchange, so the licensing choice and the revenue model are the same decision.

Soldo: What does it really cost for twenty users?

Take the plan fee, add the per-user rate for the seventeen users beyond the included three, then add card issuance fees per physical card.

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