Would-Be Unicorn Seeks to Undercut Banks With Secure Cloud

  • Finnish startup offers new way of processing transactions
  • Enfuce is aiming for a valuation of $1 billion plus by 2025
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As startups and investors gather in the most innovative country in the world, a financial newcomer wants to become a unicorn by providing faster and cheaper ways of processing credit card transactions.

There’s just one catch: it needs to persuade security-conscious clients to let their financial data be handled by a cloud service managed by an American retail giant.