Mynt
Mynt is a Stockholm-based fintech providing credit-based spend management, corporate cards, and AI-powered accounting automation to SMBs across the Nordics and Baltics, distributed via direct SaaS, Visa, Fortnox, and Nordea partnerships.
- Company typePrivate
- Founded2018
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Mynt does
Mynt is a Swedish fintech company that provides credit-based spend management and corporate card solutions to small and mid-sized businesses across the Nordics and Baltics. The company issues Visa Platinum Business cards (physical, virtual, subscription, and personal-liability variants) and layers an expense management and accounting automation platform on top, with credit limits scaling from SEK 25,000 on the free Essential tier to SEK 25 million for Enterprise customers. As a licensed e-money institution supervised by the Swedish Financial Supervisory Authority (institution no. 82814), Mynt combines a regulated balance-sheet product (revolving corporate credit) with a SaaS front end.
The core technology stack is an AI-driven spend platform branded as Mynt Intelligence, which uses computer vision for receipt OCR, natural language processing for VAT and merchant data extraction, and anomaly detection for policy compliance and approval routing. The platform integrates natively with 15+ Nordic accounting systems including Fortnox, Visma (Spiris, eEkonomi, Net), Microsoft Dynamics 365 Business Central, Tripletex, PowerOffice Go, Procountor, and Netvisor, with SIE/CSV export for legacy systems. A separate Mynt Platform product exposes the spend management capability as an API for banks, ERPs, and fleet/mobility partners to white-label. The product is delivered via iOS and Android apps and a multi-language web console (Swedish, English, Finnish, Norwegian, Estonian, Latvian).
Mynt monetizes through three primary streams: tiered SaaS subscriptions (Essential free for up to 5 users, Premium at 49 SEK/user/month, Enterprise custom), interest and fees on revolving corporate credit balances, and per-card fees (50 SEK/month for personal-liability cards; 10 SEK per 10-day extension). The go-to-market combines self-serve digital onboarding for SMBs, a demo-led enterprise sales motion, and institutional distribution via Fortnox embed, the Visa reseller network, and a Nordea co-developed Nordic SME platform launching 2026. The company reports 20,000+ corporate customers (26,000+ per website) across Sweden, Norway, Denmark, and Finland, achieved month-over-month profitability in September 2024, and is led by CEO and co-founder Baltsar Sahlin.
Mynt firmographics
Firmographics- Name
- Mynt
- Legal name
- Mynt AB
- Website
- https://mynt.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Mynt is a Stockholm-based fintech providing credit-based spend management, corporate cards, and AI-powered accounting automation to SMBs across the Nordics and Baltics, distributed via direct SaaS, Visa, Fortnox, and Nordea partnerships.
- Ownership category
- akta.pro rank
Where Mynt is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Mynt business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Subscription Revenue (SaaS): Tiered subscription model with Essential (free up to 5 users), Premium (49 SEK/user/month), and Enterprise (custom pricing) tiers. Revenue generated from monthly/annual subscription fees with feature-gated access.
- Credit/Financing: Corporate credit cards with credit limits up to SEK 25 million. Revenue generated from credit utilization and associated interest on revolving credit balances. Company offers flexible credit facilities for business growth.
- Personal Card Fees: Personal cards charged at 50 SEK per card monthly. Extended payment terms available at 10 SEK per card for additional 10-day extension.
- Enterprise Customization: Custom pricing for Enterprise tier including dedicated onboarding, support, custom integrations, currency accounts in multiple currencies (SEK, NOK, DKK, EUR), advanced FX management, and cashback programs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Essential - Free for up to 5 users |
| Subscription | Monthly | Premium - 49 SEK per user per month |
| Subscription | Multi-year contract | Enterprise - Custom pricing |
| Per seat | Monthly | Personal Cards - 50 SEK per card per month |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels6 records
Mynt product offering
Product offeringCore offering
Mynt provides an AI-powered spend management platform for Nordic SMBs combining Visa Platinum Business corporate cards with automated expense management, receipt matching, invoice processing, and native accounting system integrations. The platform offers tiered subscription plans (Essential, Premium, Enterprise) plus an API-based embedded finance product (Mynt Platform) for banks, ERPs, and fleet/mobility partners to white-label spend management capabilities.
Product overview
Mynt is a Swedish fintech company offering an all-in-one spend management platform for Nordic SMEs. The product portfolio centers on Visa Platinum Business corporate credit cards with integrated expense management, accounting automation, and AI-powered features. The core offering combines company cards (physical and virtual) with Mynt's expense management platform, which includes receipt scanning, approval workflows, and real-time budget tracking. Key modules include Mynt Intelligence (AI layer for automated receipt matching and policy compliance), Invoice Management (AI-driven supplier invoice processing), Travel with Mynt (mileage and per diem), and Auto Receipts (automated receipt retrieval and matching). The platform is offered in three tiers: Essential (free for up to 5 users), Premium (49 SEK/user/month), and Enterprise (custom pricing). Mynt also operates the Mynt Platform, an API-based embedded finance solution for banks and ERPs, and has established partnerships with major accounting systems including Fortnox, Visma, and Microsoft Business Central.
Differentiator
Problem solved
Functional benefit
Products and services
- Mynt Company Cards Visa Platinum Business corporate credit cards (physical and virtual) with individual spending limits, real-time transaction monitoring, and direct integration with accounting software. Targeted at Nordic SMEs and offered with credit limits up to SEK 25 million at the Enterprise tier.
- Expense Management Comprehensive expense management solution covering receipt scanning, expense categorization, approval workflows, and real-time budget tracking across the organization for SMB and mid-market finance teams.
- Accounting Integrations Native integrations with leading Nordic and European accounting systems (Fortnox, Visma Spiris/eEkonomi/Net, Microsoft Business Central, Tripletex, PowerOffice Go, Procountor, Netvisor, Bokio, Björn Lundén, Kleer, Wint, Finago, Setly) enabling automated journal entries and real-time synchronization.
- Mynt Intelligence AI-powered automation layer that captures receipts, verifies amounts and VAT, checks transactions against company policy, and syncs coded entries directly to accounting software.
- Invoice Management AI-driven supplier invoice processing module that automatically scans, codes, and approves invoices; extracts amounts, VAT, OCR numbers, and due dates; matches suppliers; and allocates line items to accounts, cost centers, and projects with multi-step approval workflows.
- Travel with Mynt Travel and mileage management module providing automatic mileage reimbursement and per diem calculation based on Swedish Tax Agency rates and company policies, with included travel insurance via Trygg-Hansa for Premium customers.
- Virtual Cards Digital corporate cards available immediately upon ordering, with up to 20 virtual cards per user; each card supports individual purchase limits, custom names/colors, and Apple Pay/Google Pay integration.
- Personal Cards Corporate-branded cards with personal payment liability where the employee pays the invoice directly and is later reimbursed by the employer for approved expenses; 50 SEK per card per month with optional 10-day extended payment terms.
- Subscription Cards Specialized cards for consolidating recurring supplier expenses and subscriptions, allowing cardholder changes without affecting supplier payment details so subscription continuity is preserved when employees leave.
- Mynt Platform (Embedded Finance API) API-based embedded finance platform that lets banks, ERPs, and fleet/mobility companies integrate Mynt's corporate card issuance and spend management capabilities into their own products under white-label or co-branded arrangements.
Quantifiable outcome
- 50% more receipts submitted on time for companies with 100+ employees
- +7 more outcomes
Companies that use Mynt
Customer profileNamed customers15 records
Segments8 records
Ideal customer profiles2 records
Mynt technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability9 records
Feature5 records
Mynt partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- NordeacoreNordea partnered with Mynt to develop digital SME spend management platform launching 2026 across Nordic region. Platform will integrate Mynt's expense management into Nordea's services, with potential expansion to other European markets.
- FortnoxcoreJoint corporate card and expense management solution. Fortnox launched Mynt-powered corporate card approval functionality integrated directly into Fortnox ERP serving 612,000+ customers since October 2023.
- Trygg-HansaminorTravel insurance provider for Mynt Premium customers. Team automatically insured when paying for trips with Mynt card - at no extra cost to Premium subscribers.
- PreemminorFuel discount partnership offering 30 öre/liter discount on diesel and HVO100, and 30 öre/liter on gasoline when tanking at Preem stations with Mynt card.
- Visma (Spcs, Spiris, Business Central, Visma.net)coreDirect integrations with Visma accounting systems including Spcs, Spiris, Business Central, and Visma.net. Enables automated accounting sync and journal entry export.
- Microsoft (Business Central)coreIntegration with Microsoft Dynamics 365 Business Central for automated accounting export and synchronization.
- TripletexcoreDirect integration with Norwegian accounting system Tripletex for automated bookkeeping and expense sync.
- PowerOffice GocoreDirect integration with Norwegian accounting system PowerOffice Go for automated bookkeeping.
- ProcountorcoreDirect integration with Finnish accounting system Procountor for automated bookkeeping and expense sync.
- NetvisorcoreDirect integration with Finnish accounting system Netvisor for automated accounting export.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Mynt competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Mynt social profiles
Digital presenceMynt financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mynt leadership team
Management profileNumber of profiles
Profiles1 record
Mynt funding detail
Funding detailFunding overview
Funding rounds6 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mynt M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mynt
What does Mynt do?
Mynt provides an AI-powered spend management platform for Nordic SMBs combining Visa Platinum Business corporate cards with automated expense management, receipt matching, invoice processing, and native accounting system integrations. The platform offers tiered subscription plans (Essential, Premium, Enterprise) plus an API-based embedded finance product (Mynt Platform) for banks, ERPs, and fleet/mobility partners to white-label spend management capabilities.
Is Mynt a public or private company?
Mynt is a private company. It is classified as venture growth investor backed and is currently operating.
When was Mynt founded?
Mynt was founded in 2018. It employs 11 to 50 people.
Where is Mynt based?
Mynt is headquartered in Stockholm, Sweden, in the Europe region.
How does Mynt make money?
Four revenue lines are on record. Subscription Revenue (SaaS) is the primary driver. The others are credit/Financing, personal Card Fees and enterprise Customization.
Does Mynt have an API?
No public API is recorded for Mynt.