Issuer processing powerhouse Enfuce has appointed Philip Mikal as its Chief Product & Technology Officer (CPTO) to integrate its product and technology functions under a unified leadership and accelerate the company’s global growth trajectory.
With nearly two decades of international experience in the fintech industry, and pivotal roles at Klarna as well as acclaimed Swedish and US fintech firms Rebtel, P.F.C and ChargeSmart, Philip brings a wealth of expertise in driving technology-driven and customer-focused financial products to global markets.
Philip specialises in introducing groundbreaking payment, credit, and digital banking solutions, achieving unprecedented user growth, retention, and engagement on a global scale. He brings unparalleled entrepreneurial and leadership experience, having co-founded MAJORITY, a pioneering digital financial service dedicated to serving migrants in the US.
At Enfuce, Philip will spearhead the streamlining of product development processes, aligning product management and technology functions under a unified leadership. The new structure will enhance agility and foster a deeper understanding of technical considerations, enabling Enfuce to make informed decisions even more rapidly while maintaining its ever-strong focus on customer needs and market dynamics. By sharing a unique product vision, goal and timeline, Philip will enable Enfuce to continue developing exceptional products and services and further enhance its offering, taking the company from strength to strength.
Philip's appointment affirms Enfuce's commitment to driving innovation and its ambitious pursuit of international expansion. It follows recent strategic initiatives to expand its reach across Europe and the UK, including securing an e-money licence from the UK’s Financial Conduct Authority (FCA) in February. Philip’s international background and deep understanding of global regulatory, cultural, and technological landscapes will be key in levelling up Enfuce’s international presence and expansion plans.
Philip Mikal, CPTO at Enfuce, says: “I am truly impressed by Enfuce's unwavering commitment to excellence and its cutting-edge platform for card issuing and payment processing that sets industry standards. With a focus on scalability, security, and global impact, Enfuce is revolutionising financial accessibility and efficiency. It does feel special to join Enfuce at this pivotal time and be part of this journey. I look forward to collaborating with its exceptional team to drive innovation and deliver state-of-the-art financial products.”
Monika Liikamaa, co-CEO & co-founder of Enfuce, says: "With his extensive experience and unique international perspective, Philip will be a game-changer for Enfuce as we ramp up our next phase of growth. His leadership will be a guiding compass, enabling us to refine our product offerings even further while increasing accountability and efficiency across teams and promoting a culture of collaborative problem-solving. Customer happiness and collaboration are at the heart of our DNA; Philip embodies these values and will propel us to exceed our goals.”
Denise Johansson, co-CEO & co-founder of Enfuce, says: “What Philip brings to the Enfuce table - beyond a proven track record of leading and delivering innovative solutions - is market-leading international experience spanning both the US and Europe. This is critical for Enfuce as we continue our international expansion and Philip's expertise will ensure that operational excellence and efficiency remain our hallmarks across borders. With Philip on board, we are uniquely positioned to uphold these standards while exploring new frontiers of innovation and expanding our global footprint.”