The Fuel Company

What The Fuel Company does

The Fuel Company (TFC), operating as TFC Power and legally TFC B.V., is a Breda-headquartered fleet mobility platform serving commercial transport operators across Europe. Its core product is the TFC Card — a free, no-deposit fuel card that consolidates refueling at 8,000+ affiliated petrol stations across 18 European countries with toll solutions (19 countries), international VAT and excise duty recovery (18+ countries), EV charging (300,000+ public points across 46 countries via the TFC Charge RFID tag), and road services such as truck washing, parking, and repairs accessed through a partnership with TRAVIS at 1,500+ locations. The company has offices in 80 European locations including regional hubs in Warsaw (Poland) and Meer (Belgium).

Under the hood, TFC runs a fleet management platform with three user-facing layers: the TFC App (iOS/Android) for route planning, station finder, and one-time Secure PIN generation to protect fuel transactions against skimming; the My TFC customer portal for 24/7 access to fleet costs, consolidated invoicing, and card management; and the TFC Network platform integrated with Apple Maps, Google Maps, and Waze for station lookup. The card itself operates across major affiliated networks including DKV, E.Leclerc, MOYA, Lukoil, Avia, EG Group, and Biofuel Express, supporting diesel, LNG, CNG, and HVO100 fuels.

TFC monetizes through transaction fees on fuel and toll processing, subscription (EUR 3.49/month) and pay-per-session (EUR 0.35) EV charging fees, service fees on VAT and excise duty recovery, and route/integration revenue. The company sells directly online via its website (a three-step apply-offer-confirm flow) targeting (inter)national transport companies, owner-operators, and SMEs with vehicle fleets. In 2024, TFC announced a merger agreement with Anwim S.A., the Polish owner of the MOYA fuel station chain, signaling an evolution from pure card intermediary toward vertically integrated retail-fuel presence in Central Europe. Management is led by CEO Alexander Zandbergen and CFO Frank van Loon, with Management Board members Paweł Grzywaczewski and Andrzej Kisała reflecting the Polish integration.

Name

The Fuel Company

Legal name

TFC B.V.

Website

https://tfc-power.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

The Fuel Company (TFC Power) provides an all-in-one fleet fuel card combining refueling, toll payment, VAT recovery, EV charging, and road services for (inter)national transport companies, owner-operators, and SME fleets across 18 European countries.

Ownership category

akta.pro rank

Product category

Fleet Fuel Card Services

SIC

Transportation Services (4700)

akta.pro primary industry

Fuel Card & Fleet Payment Programs (TLABAMAA)

akta.pro secondary industries

Fleet Maintenance & Repair Spend Payments (Service Network Cards, Pay-at-the-Pump/Shop) (TLABAMAJ), Driver Expense Management & Reimbursement (T&E for Drivers) (TLABAMAF), Fleet Fuel & Energy Management (Fuel Programs, EV Charging Ops) (TLABAIAI)

Keywords

• Fleet fuel cards
• Toll management solutions
• VAT recovery services
• EV charging networks
• Commercial vehicle services

Headquarters

HQ city

Breda

HQ country

Netherlands

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Fuel Card Services: TFC generates revenue through transaction fees from fuel card services at affiliated petrol stations across Europe. The card enables refueling with cost advantages, toll solutions, VAT/excise duty recovery, and road services. Revenue comes from the volume of fuel transactions processed through the network.
2. EV Charging Subscription (TFC Charge): TFC Charge offers two subscription tiers: a monthly subscription at €3.49 excl. VAT with unlimited charging at standard rates, and a pay-per-session option at €0.35 excl. VAT per session. Both options include access to 300,000+ public charging points across 46 countries.
3. Toll Solutions: Revenue generated from toll management services across 19 European countries, providing fleet managers with direct access to toll cost information through the customer portal.
4. VAT & Excise Duty Recovery: Service fee for international VAT refund recovery and special excise duty recovery across VAT services in 18-27 countries.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

The Fuel Company (TFC Power) issues a multi-service fleet fuel card that consolidates cost-effective refueling at 8,000+ affiliated European petrol stations, toll payments across 19 countries, international VAT and excise duty recovery, road services (truck washing, parking, tank cleaning, repairs) via TRAVIS, and EV charging access through TFC Charge. The card is provided free of charge with no deposit, supported by the My TFC customer portal, TFC mobile app with route planning, secure PIN authentication, and the TFC Network station-locator platform.

Product overview

The Fuel Company (TFC) offers a unified fleet management platform centered on the TFC Card — a multi-service fuel card that serves as the core product. The platform architecture comprises the TFC Card (core product) with integrated add-on modules including Road Services, Toll Solutions, and VAT & Excise Duties recovery. Supporting infrastructure includes the TFC App (mobile application), My TFC customer portal, TFC Charge/EV charging service, and the TFC Network platform. The TFC Card enables refueling at affiliated stations while the add-on services handle toll payments, tax recovery, and road services (truck washing, parking, repairs) through TRAVIS partners. The TFC Charge product extends the offering to electric vehicle fleets via subscription-based charging tags.

Differentiator

Problem solved

Functional benefit

Brands

• TFC Charge: Electric vehicle charging service providing access to public EV charging points across Europe, with subscription and pay-per-session options, over 300,000 charging points available.
• TFC Card
• My TFC
• TRAVIS

Products and services

• TFC Card
• TFC Charge
• Toll Solutions
• VAT & Excise Duties Recovery
• Road Services
• Charge Tag

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• MOYA (Anwim S.A.)coreStrategic or Co-development Partner · 1 January 2023TFC and Anwim S.A., owner of Polish chain of petrol stations MOYA, have signed an agreement to merge. MOYA has been the fastest growing company in Poland's petrol industry for several years. The cooperation aims to create synergy between TFC and MOYA for powering fleet operations across Europe.
• TRAVIScoreChannel Partner/ Reseller/ DistributorTRAVIS provides a European network of 1,500+ locations for truck washing, tank cleaning, truck parking, and repairs. TFC card holders can access these services with automatic invoicing through TFC. No separate activation or registration required.
• DKVminorChannel Partner/ Reseller/ DistributorDKV is a fuel card provider partner integrated into the TFC network ecosystem, expanding coverage for TFC card holders.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Eurowag: Pan-European fuel card, toll, and VAT refund provider for commercial fleets, headquartered in Central Europe. Directly comparable product set and target customer base to TFC.
• UTA (Union Tank Eckstein): Major European fuel card and toll service provider offering similar multi-country fuel, toll, and VAT recovery services to commercial fleets. Closely mirrors TFC's all-in-one value proposition.
• DKV Mobility: Europe's largest independent fuel card and fleet services provider, directly competing with TFC on fuel cards, tolls, VAT recovery, and EV charging across the same European footprint. DKV is mentioned as a partner within TFC's ecosystem, underscoring direct overlap.
• Anwim S.A. (MOYA): Polish fuel station chain MOYA, owner Anwim S.A., has signed a merger agreement with TFC. Once merged, operates as a sister entity combining Polish fuel retail with TFC's fleet card platform — a uniquely direct peer emerging from the deal itself.

Emerging players

• Toll4Europe: Pan-European EETS toll service provider integrated with TFC as a partner. Comparable in the toll domain and an adjacent competitor as toll solutions become a larger share of fleet payments.
• Fastned: European fast-charging network operator and TFC Charge partner. Overlaps with TFC in EV charging for fleets and could evolve into a more direct competitor if it expands into payment/customer services.

Broad incumbents

• Shell Fleet Solutions: Global oil major offering integrated fleet fuel cards, charging, and toll services across Europe. Operates broadly in the same space but with proprietary station ownership and far greater scale.
• BP Fleet Solutions / BP Pulse: BP's combined fleet fuel and EV charging offering competes with TFC's integrated fuel-card + TFC Charge proposition, particularly in the UK, Germany, and the Netherlands.
• TotalEnergies Marketing Services: Major oil major providing fleet fuel cards and EV charging across Europe as part of its broader downstream portfolio. Competes with TFC for fleet customers but is not specialist.

Others

• TravelCare / TRAVIS: European road-services network (truck washing, parking, repairs, tank cleaning) currently a TFC channel partner. Comparable in the road-services domain and a potential partner/competitor as services are bundled with fleet cards.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/TFCPower
• LinkedInlinkedin.com/company/tfc-bv
• Instagraminstagram.com/tfcpower
• Facebookfacebook.com/thefuelcompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Fuel Company