MinRefusion
MinRefusion is a Danish SaaS platform that automates government absence-reimbursement claims (sick pay, parental leave, wage subsidies) for 8,000+ Danish businesses by integrating directly with payroll and WFM systems and submitting to NemRefusion.
- Company typePrivate
- Founded2006
- HeadquartersFrederiksberg, Denmark
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What MinRefusion does
MinRefusion ApS is a Frederiksberg, Denmark-based SaaS company that automates the submission of Danish employer reimbursement claims for employee absences — primarily sick pay (sygedagpenge), parental leave (barsel), wage subsidies, flex jobs, and adult apprentice subsidies. The platform operates as an approved data provider to NemRefusion, the Danish public reimbursement portal, and ingests absence data directly from clients' payroll, workforce-management, time-tracking, and ERP systems via API, then evaluates eligibility and submits error-free claims to Udbetaling Danmark and municipalities without manual data entry. The product covers a portal (app.minrefusion.dk) with dashboards for expected payouts, payment alerts, absence statistics, and reporting, supported by the MinRefusion Team (a human case-management service) and an open API for partner integrations.
The company sells on a subscription basis with annual billing and a 12-month non-cancellable lock-in; pricing auto-adjusts based on employee count sourced from CVR (the Danish Central Company Register). Go-to-market combines self-serve onboarding for solo practitioners and SMBs with a structured direct-sales motion for enterprises (5–21 day implementations), plus channel referral partnerships with Danish accounting/bookkeeping firms. The customer base spans 8,000+ Danish businesses across sizes and verticals — including named enterprise customers such as Nemlig.com, RGS Nordic, Maxi Zoo Danmark, Jørgen Jensen Distribution, and Evolog Logistix — supported by 20+ payroll/WFM integrations (Timegrip, Quinyx, Lessor, Salary, Intect, Zenegy, BitaBIZ, SAP SuccessFactors, Dynamics 365, and others). MinRefusion holds ISO 27001, ISAE 3000, and ISAE 3402 Type 2 certifications through its Curanet hosting and undergoes annual third-party IT audits by Sixtus Compliance.
MinRefusion is a privately held, founder-controlled company (CEO Martin Kelvin Rasmussen, founder of predecessor entities NemVEU in 2006 and Nem HR ApS in 2011). The current MinRefusion platform launched in 2022; in 2024 the company dissolved the legacy Nem HR brand and consolidated all operations under the MinRefusion identity. The company has not raised external equity funding and operates exclusively within Denmark.
MinRefusion firmographics
Firmographics- Name
- MinRefusion
- Legal name
- MinRefusion ApS
- Website
- https://minrefusion.dk
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MinRefusion is a Danish SaaS platform that automates government absence-reimbursement claims (sick pay, parental leave, wage subsidies) for 8,000+ Danish businesses by integrating directly with payroll and WFM systems and submitting to NemRefusion.
- Ownership category
- akta.pro rank
MinRefusion industry classification
Industry- Product category
- Absence Management Software
- NAICS
- Payroll Services (541214)
- akta.pro primary industry
- Expense Management & Reimbursements Administration (BPACAIAH)
Keywords
Where MinRefusion is headquartered
LocationHeadquarters
- HQ city
- Frederiksberg
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
MinRefusion business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS Subscription (Refusion Automation): MinRefusion charges a recurring subscription fee for access to its automated reimbursement platform. Pricing auto-adjusts based on the number of employees at the client company (as reported to CVR/Central Company Register). Billing is monthly with an annual payment cycle. An initial non-cancellable lock-in period of 12 months applies, followed by a notice period of the current month plus 3 months.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise, SMB, and solo practitioner plans — all quote-based |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels10 records
MinRefusion product offering
Product offeringCore offering
MinRefusion operates a cloud-based SaaS portal that automates the submission of employer reimbursement claims (sick pay, parental leave, wage subsidies, flex jobs, adult apprentice subsidies) to Danish public authorities including NemRefusion, Udbetaling Danmark, and municipalities. The platform integrates via API with 20+ payroll, workforce management, time tracking, HR, and ERP systems to receive absence data automatically, evaluate reimbursement eligibility, and submit error-free claims on behalf of Danish businesses. As an approved data provider to NemRefusion, MinRefusion handles the full compliance workflow for businesses ranging from sole proprietors to large enterprises with hundreds or thousands of employees.
Product overview
MinRefusion is a single, unified web portal for automatic employer reimbursement in Denmark. The core MinRefusion Portal integrates via API with the public NemRefusion system and with customer-owned payroll, time tracking, and HR systems to automatically receive absence data, evaluate reimbursement eligibility, and submit error-free claims. The product portfolio consists of the MinRefusion Portal (core platform), the MinRefusion API (integration layer), and the MinRefusion Dashboard (control panel), supported by the MinRefusion Team (human support). The platform covers six main reimbursement types: sick pay, parental leave, wage subsidies, flex jobs, adult apprentice subsidies, and sick pay insurance advisory. Both SMEs/larger enterprises and self-employed/sole proprietors are served. Historical predecessor brand: Nem HR (discontinued 2024).
Differentiator
Problem solved
Functional benefit
Products and services
- MinRefusion Portal Web-based SaaS portal that automates submission of employer reimbursement claims (sick pay, parental leave, wage subsidies, flex jobs, adult apprentice subsidies) to Danish public authorities including NemRefusion, Udbetaling Danmark, and municipalities. The platform connects to payroll, time tracking, and HR systems via API to receive absence data automatically, evaluate entitlement, and submit error-free claims on behalf of Danish businesses.
- MinRefusion API API layer enabling partner systems (payroll, HR, time tracking, ERP) to push absence data to MinRefusion for fully automated reimbursement workflows without manual data entry. Integration is achieved by exchanging API keys between MinRefusion and the partner system.
- MinRefusion Team Human support team that handles dialogue with Udbetaling Danmark and municipalities, manages complex reimbursement cases, ensures compliance with rules and deadlines, and provides proactive follow-up on open reimbursement cases on behalf of customers.
- Sick Pay Reimbursement (Refusion af sygedagpenge) Automated submission of employer sick pay reimbursement claims to NemRefusion and municipalities, including §56 agreements, new employees under 8 weeks, and flex job workers.
- Parental Leave Reimbursement (Barsel) Automated submission of parental leave reimbursement claims, including applications to Udbetaling Danmark and industry-specific parental leave funds (barselsfonde).
- Wage Subsidies and Flex Jobs (Løntilskud og fleksjob) Automated administration and submission of government wage subsidy (løntilskud) and flex job (fleksjob) claims to Danish municipalities.
- Adult Apprentice Subsidy (Voksenlærlingetilskud) Automated submission of adult apprentice subsidy claims for companies employing apprentices aged 25 and above.
- Sick Pay Insurance Advisory (Sygedagpengeforsikring) Advisory and administrative service for employers and self-employed to obtain public sick pay insurance (§55 for employers; voluntary for self-employed), covering compensation from the second or third day of illness.
- Self-Employed Reimbursement Services Automated sick pay (sygedagpenge) and parental leave (barselsdagpenge) claims services tailored for self-employed individuals and sole proprietors with under 20 employees.
Quantifiable outcome
- Saves 10-15 hours per month for HR staff (RGS Nordic case)
- +6 more outcomes
Companies that use MinRefusion
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles4 records
MinRefusion technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration20 records
Feature8 records
MinRefusion partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- QuinyxcoreQuinyx is an AI-powered all-in-one workforce management platform covering scheduling, time/absence tracking, and task management. MinRefusion integrates with Quinyx to automate absence data transfer and reimbursement submissions.
- TimegripcoreTimegrip offers workforce management, scheduling, time tracking, and HR administration software. MinRefusion integrates with Timegrip (both TM and TP variants) for automated absence data and reimbursement processing. Used by Maxi Zoo (76 stores) and RGS Nordic.
- Lessor WorkforcecoreLessor Workforce provides scheduling and absence management that complies with collective agreements and working time rules. MinRefusion integrates with Lessor Workforce for automated absence data transfer and reimbursement submissions. Used by Fjordstjernen.
- ZenegycoreZenegy is a modern payroll and HR platform serving 6,000+ companies. Integration with MinRefusion enables automated absence data and reimbursement submissions through API key exchange.
- IntectcoreIntect is a payroll system for 7,000+ companies, part of the ECIT group. Integration with MinRefusion enables automatic absence data and reimbursement submissions. Used by Jørgen Jensen Distribution (JJD).
- SalarycoreSalary is a payroll system described as 'Denmark's easiest payroll system' serving 10,000+ companies. Integration with MinRefusion enables automatic absence data and reimbursement submissions. Used by Evolog Logistix.
- Financial OutsourcingminorFinancial Outsourcing is an accounting and financial management firm that partners with MinRefusion to offer automated reimbursement services to its client base.
- DinBogholderminorDinBogholder is an online bookkeeping firm that partners with MinRefusion to offer automated reimbursement services to its client base.
- Sixtus CompliancecoreSixtus Compliance conducts annual independent IT audits of MinRefusion's data handling and security practices. They also provide MinRefusion's external Data Protection Officer (DPO) function, reachable at [email protected].
- CuranetcoreCuranet is a Danish data center hosting all of MinRefusion's customer data. Curanet is ISO 27001-certified and ISAE 3000 and ISAE 3402 Type 2-certified, ensuring the highest standards of data security and availability.
Scale indicators4 records
Recent moves8 records
Expansion highlights5 records
MinRefusion competitors and assessment
Company assessmentRegional players
- Fortnox: Swedish cloud platform for accounting, payroll, invoicing and HR administration serving SMBs. Closest geographic analog to MinRefusion's Danish SMB automation model, with comparable product breadth and customer profile in a neighboring Nordic market.
Direct peers
- Timegrip: Danish WFM, scheduling, time tracking, and HR administration software. Integration partner of MinRefusion (used by Maxi Zoo and RGS Nordic), and serves the same Danish HR buyer with adjacent absence management functionality.
- Zenegy: Modern Danish payroll and HR platform serving 6,000+ companies. Direct integration partner of MinRefusion, but a credible potential competitor that could embed reimbursement automation natively given its scale and customer overlap.
- Lessor Group: Danish vendor of workforce management and payroll software (Lessor Workforce), already integrated with MinRefusion. Serves similar Danish HR/payroll buyers with overlapping product scope, making it a comparable SaaS peer in the same customer set.
- Salary: Danish payroll SaaS serving 10,000+ companies. While a current integration partner of MinRefusion, Salary competes for the same Danish SMB/mid-market HR/payroll wallet and could plausibly build native reimbursement-submission features into its payroll platform.
- Intect: Danish payroll system part of the ECIT group, serving 7,000+ companies. Current MinRefusion integration partner, but ECIT group resources give Intect the capacity to internalize reimbursement workflows if strategically motivated.
Broad incumbents
- Dinero: Danish SMB accounting and bookkeeping SaaS serving a similar small-business customer base. Adjacent in the SMB back-office stack where MinRefusion also sells, making it a comparable SaaS peer from a buyer-perspective standpoint.
- Visma e-conomic: Danish cloud-based accounting software (Visma subsidiary) with deep reach into Danish SMBs. Listed by MinRefusion as an integration 'under development' as of Q3 2025. Significant incumbent player that could compete for the same wallet if it expands into HR/absence automation.
- Planday: European online employee scheduling and workforce management platform with strong Danish presence. Integrated with MinRefusion for absence data, but operates at significantly larger scale with broader WFM functionality.
- Billy ApS: Danish cloud accounting platform targeting small businesses and freelancers. Comparable to MinRefusion as a Danish SaaS serving SMB owners and self-employed with administrative automation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
MinRefusion social profiles
Digital presenceMinRefusion compliance and trust
Trust signalCompliance5 records
MinRefusion financial estimates
Financial estimateRevenue estimate
Valuation estimate
MinRefusion leadership team
Management profileNumber of profiles
Profiles2 records
MinRefusion funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MinRefusion M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MinRefusion
What does MinRefusion do?
MinRefusion operates a cloud-based SaaS portal that automates the submission of employer reimbursement claims (sick pay, parental leave, wage subsidies, flex jobs, adult apprentice subsidies) to Danish public authorities including NemRefusion, Udbetaling Danmark, and municipalities. The platform integrates via API with 20+ payroll, workforce management, time tracking, HR, and ERP systems to receive absence data automatically, evaluate reimbursement eligibility, and submit error-free claims on behalf of Danish businesses. As an approved data provider to NemRefusion, MinRefusion handles the full compliance workflow for businesses ranging from sole proprietors to large enterprises with hundreds or thousands of employees.
Is MinRefusion a public or private company?
MinRefusion is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MinRefusion founded?
MinRefusion was founded in 2006. It employs 11 to 50 people.
Where is MinRefusion based?
MinRefusion is headquartered in Frederiksberg, Denmark, in the Europe region.
How does MinRefusion make money?
One revenue line is on record: saaS Subscription (Refusion Automation).
Who are MinRefusion's main competitors?
Fortnox is listed as a regional player. Direct peers are Timegrip, Zenegy, Lessor Group, Salary and Intect. Broad incumbents are Dinero, Visma e-conomic, Planday and Billy ApS.
Does MinRefusion have an API?
Yes. MinRefusion offers API access for developers and partners to integrate with the platform. Companies can transfer absence data via API to enable fully automated reimbursement handling. Integration is achieved by exchanging API keys between MinRefusion and the partner system.
What industry is MinRefusion in?
MinRefusion's product category is Absence Management Software. Its primary akta.pro industry code is BPACAIAH, Expense Management & Reimbursements Administration. Its NAICS code is 541214.