Octopus Energy & Enfuce: Powering Up the UK’s EV Fleets
As EVs become central to the UK’s net zero ambitions, enabling infrastructure and seamless user experiences are critical to accelerating adoption.
Enfuce, a leader in issuer processing, has partnered with Octopus Energy’s Electroverse, Europe’s largest EV charging network, to launch the Electroverse Business Payments Card, a dedicated solution aimed at simplifying fleet operations and reducing barriers to EV transition.
The new fleet payment card is designed to streamline expense management across EV fleets, supporting UK businesses in scaling electrification efforts with minimal friction.
Powering smarter fleet electrification
Electroverse already connects drivers to more than 960,000 public charge points across 40 countries and more than 1,100 charge point operators.
The new card now adds another layer of intelligence and simplicity to this growing network.
Using Enfuce’s scalable, cloud-native payments platform, the Electroverse Business Payments Card offers a unified fleet expense solution tailored to the needs of modern EV users.
The open-loop Visa Fleet 2.0 card allows operators to manage not only EV charging and fuelling, but also expenses like meals, maintenance and business travel — all with real-time control.
It includes instant transaction monitoring, regulatory compliance tools and fraud protection to give fleet managers full financial oversight and agility.
“The launch of the Electroverse Business Payments Card is a game-changer for fleet electrification,” says Monika Liikamaa, Co-Founder and Co-CEO of Enfuce.
“As the first issuer processor certified for Visa Fleet 2.0 in Europe, Enfuce is uniquely equipped to deliver solutions that meet the complex needs of modern mobility.
“Together with Octopus, we’re helping businesses take control of their fleet spend and accelerate their transition to electric at scale.”
EV adoption challenges
The announcement arrives as the UK prepares for widespread fleet electrification by 2030 — with regulatory pressure mounting and infrastructure needing to keep pace.
A key barrier remains the lack of seamless, interoperable payments systems that work across different charging providers and fleet needs.
“For us, this isn’t just about enabling payments, it’s about accelerating meaningful progress in mobility,” explains Denise Johansson, Co-Founder & Co-CEO of Enfuce.
“As EV adoption grows, the infrastructure behind it must evolve just as rapidly.
“This partnership with Octopus Energy’s Electroverse showcases how innovative technology and shared vision can come together to solve real challenges for fleets.
“It’s a bold step toward building a cleaner, smarter, and more connected future of transport.”
Scaling sustainability
The launch also highlights Enfuce’s expanding presence in the UK market. With its 2024 Electronic Money Institution (EMI) licence from the Financial Conduct Authority (FCA) and new partnerships such as allpay Limited, Enfuce is fast becoming a central player in mobility fintech.
Together, Enfuce and Octopus are delivering a future-facing payments solution that offers fleets real-time visibility, cost flexibility and a unified platform to manage every part of their mobility spend.
“Electroverse started with a simple goal: to take the hassle out of EV charging,” says Matt Davies, Director and Creator of Octopus Energy’s Electroverse.
“Now we’re taking that vision even further – empowering businesses with the tools they need to electrify their fleets with confidence, regardless of where they are in the transition.
“Every solution that brings more EVs onto the road counts, and we’re proud to be building the infrastructure that helps businesses lead the shift to smarter, more sustainable transport.”
Leading the charge on clean energy
This move builds on Octopus Energy’s broader mission to decarbonise the UK grid. The company already supplies 100% fossil fuel-free electricity — with a 2023–24 mix of 84.8% renewables and 15.2% nuclear — resulting in net zero carbon emissions per kWh, compared to the UK average of 171g.
Octopus manages a £7bn (US$9bn) renewables portfolio, to date, and directly generates around 20% of its electricity supply, while continuing to invest in green hydrogen, solar, wind and smart grid technologies.
In 2024 alone, its demand-flexibility programmes helped customers earn more than US$5.4m by reducing energy use during peak carbon periods.
The Electroverse-Enfuce partnership is one of many crucial steps enabling EV adoption at scale, contributing directly to the UK’s clean transport goals and supporting the shift to a net-zero economy.
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