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Have your main character put the enemy to low or negative HP, then switch to the character you want to level up (click on the cards below) and finish them off by killing a Shape or with a basic move.

When you finish the game, bosses are available to be fought again, they are generally better exp and money.

I know about character fast-switch, using it myself. But one thing remains the same - only one character gets the normal amount of exp, while others get 5-15 as a bonus.