Digital banking platform myTU has partnered with E100, one of Europe’s larger fuel card and mobility services providers, to embed business banking and Visa payment cards directly into E100’s client portal for transport companies operating across the continent.
Image: myTU
The deal is structured as an API-driven infrastructure arrangement: myTU handles card issuance and the underlying banking layer, while E100’s clients (fleet operators) manage everything through E100’s existing portal rather than a separate banking app. In the first rollout phase, myTU will issue around 50,000 physical Visa cards to drivers across E100’s European client base, each tied to a dedicated IBAN account.
What makes the setup notable for logistics operators is the level of controls available. Cards can be configured by vehicle or department rather than just by individual driver, and fleet managers can set spending limits, restrict transaction types, limit use to specific countries or service providers, and remotely activate or deactivate cards. The companies also plan to extend the product to a single card covering all transport-related costs, e.g. fuel, tolls, fines, and meals, based on Visa’s Fleet 2.0 framework.
“Transport companies operate in fast-moving, high-volume environments,” said Raman Korneu, CEO and Co-founder of myTU. “Our business card infrastructure is designed for exactly these kinds of dynamic use cases — combining real-time control, embedded onboarding, and smart spend management at scale. We’re giving partners the ability to own the financial experience for their customers. That’s a meaningful shift, and logistics is just the beginning.”
Natallia Karpik, Chief Business Development Officer at E100, said the partnership responds to what clients are already asking for. “Our clients increasingly expect seamless, digital-first financial tools. Partnership with myTU allows us to embed next-generation banking directly into our own systems — giving transport companies more control, faster onboarding, and a better way to handle spending across fleets.”
E100 supports over 210,000 drivers and more than 25,000 business clients, giving the partnership immediate reach across an established customer base. For myTU, which is headquartered in Vilnius and built on a cloud-native core banking platform, the deal is part of a broader push into B2B embedded finance for industries that have historically relied on specialized but limited financial products like fuel cards. The logistics sector has been under pressure to reduce manual payment processes and improve expense visibility, and fintech providers are moving quickly to fill that gap with infrastructure designed to sit inside existing operator workflows rather than replace them.
Over 35 million commercial vehicles are operating in Europe, with fuel costs making up as much as 30% of their total fleet operating expenses. The majority (60%) of all fleet operators in Europe are using separate fuel cards as part of their fleet management strategies.
