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Mynt has secured investment from Visa during its Series B funding round. This collaboration will allow the company to provide efficient spend management tools to SMBs across Europe.

Apr 10, 20258 months ago

Round Type

series b

StockholmFintechSoftware

Investors

Visa

Description

Mynt launched a new partnership with Visa to enhance its service offerings. The investment from Visa will allow Mynt to address the rising demand from SMBs for efficient spend management tools. Mynt's platform aims to ease administrative burdens for businesses. This collaboration represents an important step in increasing the availability of financial solutions for SMBs in Europe.

Company Information

Company

Mynt

Location

Stockholm, Stockholm County, Sweden

About

Mynt is a powerful corporate credit card and spend management platform that gives companies full control over team expenses in real time. Designed to eliminate personal expenses and the hassle of chasing receipts, Mynt automates the entire process—receipts are submitted and synced directly with accounting after every approved transaction. Founded in Sweden in 2019, Mynt holds an E-money license and is a Visa Principal Member, meaning it issues its own cards and delivers a seamless, trusted financial experience that empowers teams while saving countless hours.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers