Mynt is a Stockholm-founded (2018) SaaS fintech that issues corporate cards and integrates with ERP and accounting systems to automate reconciliation and reduce finance admin time. The platform offers auto-reconciliation and spending insights to help businesses streamline bookkeeping. Mynt currently serves over 16,000 business customers and says its expansion plan will cover all Nordic markets in 2025, targeting more than 12,000 SMEs. The company emphasizes simplifying client onboarding and accelerating go-to-market timelines through tighter integrations with partners. Mynt has deepened a commercial relationship with Visa that will broaden its reach across Europe by making Mynt a Visa reseller partner. The partnership is positioned to help Visa resell Mynt’s SaaS directly to issuers and better address the underserved SMB market. Quotations from Visa and Mynt leadership highlight the investment as a vote of confidence in Mynt’s technology and growth potential. Mynt provides corporate credit cards and spend-management software, offering issuing capabilities and integrations with accounting systems. Its Mynt Platform is a spend management-as-a-service product designed for banks, ERPs, and fleet and mobility companies to enable proactive spend management and corporate card issuing. The company’s customer base is largely Nordic SMEs, and partners such as Fortnox and Accountor are rolling out card solutions to customers. Mynt expanded its customer base from 3,000 to 12,000 SMEs over the past year and reached month-over-month profitability in September. With the new capital, Mynt plans to expand into the UK and Central Europe, broaden its product offering, and scale its embedded finance and platform capabilities.

Total raised

$26M

Funding rounds

2

Latest round

Series B

Latest activity

Dec 2024