# Mynt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mynt

- Industry: Financial Services
- Headquarters: Stockholm, Sweden
- Website: www.mynt.com
- Total disclosed funding: $23M
- Latest round: Series B (Dec 11, 2024)
- Investors on record: 5

## About

Based in Sweden, Mynt AB provides an integrated lending platform and online financial management solutions tailored for businesses, enhancing their operational efficiency in expense management.Mynt AB is a financial technology firm founded in 2019 in Stockholm, Sweden. The company specializes in providing digital lending and expense management solutions. Baltsar Sahlin, one of the co-founders, is currently the CEO, bringing experience from previous entrepreneurial ventures. As of April 2025, Mynt has completed 5 funding deals, most recently raising EUR 22 million in a SERIES B round led by Visa Inc., bringing the total amount raised to USD 250.00 mn with a current valuation of USD 175.00 mn.Mynt offers a comprehensive solution for managing corporate expenses through its all-in-one business credit card system, which integrates seamlessly with various accounting software. The core product includes both virtual and physical business credit cards that automate the collection and categorization of receipts. Employees can capture receipts via the Mynt app, facilitating real-time expense tracking. Mynt caters to businesses of all sizes and operates across multiple geographical markets, extending beyond Sweden to serve a wider audience.In 2022, Mynt reported a revenue of USD 2,046,788 and an EBITDA of USD -3,359,880.3, reflecting the financial performance of the company during that fiscal year.In April 2025, Mynt AB raised EUR 22 million in SERIES B funding from Visa Inc. The company plans to utilize this funding to scale its solutions across Europe and the UK. Mynt aims to introduce new products designed to enhance its service offerings and is actively targeting expansion into new markets, ensuring that their solutions meet the evolving needs of businesses in these regions.

## Funding rounds

- Series B, Dec 11, 2024, $23M — CNI Nordic, Incore Invest, Vor Capital
- Series A, Feb 12, 2019, $0.4M — Luminar Ventures, Svea Ekonomi

## Investors

- Luminar Ventures (https://capitalatlas.ai/funds/luminar-ventures) — Series A
- Svea Ekonomi — Series A
- CNI Nordic (https://capitalatlas.ai/funds/cni-nordic) — Series B
- Incore Invest (https://capitalatlas.ai/funds/incore-invest) — Series B
- Vor Capital (https://capitalatlas.ai/funds/vor-capital) — Series B