Mynt - About the company
Mynt is a series B company based in Stockholm (Sweden), founded in 2013 by Johan Max Obermayer and Magnus Wideberg. It operates as a Provider of corporate cards and expense management platform with accounting integration. Mynt has raised $52.5M in funding from CNI and Vor Capital, with a current valuation of $*****. The company has 51 active competitors, including 8 funded and 3 that have exited. Its top competitors include companies like Pleo, Marqeta and Edenred.
Company Details
Provider of corporate cards and expense management platform with accounting integration. The platform offers features such as automated receipt handling, mileage tracking, and per diem management. It facilitates the registration, management, and reimbursement of private expenses. The platform provides tools for expense analysis and budget control.
- Website
- www.mynt.com/
- Email ID
- *****@mynt.com
- Phone Number
- +46 **********
Key Metrics
Founded Year
2013
Location
Stockholm, Sweden
Stage
Series B
Total Funding
$52.5M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 11, 2024
Ranked
5th among 51 active competitors
Employee Count
133 as on Jun 30, 2026
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Mynt's funding and investors
Mynt has raised a total funding of $52.5M over 3 rounds. Its first funding round was on May 10, 2022. Its latest funding round was a Series B round on Apr 18, 2025 for $*****. 1 investor participated in its latest round. Mynt has 6 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Mynt:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 18, 2025 | 8197302 | Series B | 9891477 | 7725313 | 4995803 | 3845887 |
Dec 11, 2024 | 7104350 | Series B | 9972953 | 6004542 | 8388934 | |
May 10, 2022 | 5848833 | Series B | 7118606 | 5426877 |
View details of Mynt's funding rounds and investors
Mynt's founders and board of directors
Founder? Claim ProfileThe founders of Mynt are Johan Max Obermayer and Magnus Wideberg.
Here are the details of Mynt's key team members:
- Johan Max Obermayer: Co-Founder of Mynt and founder of 1 other company.
- Magnus Wideberg: Co-Founder of Mynt and founder of 1 other company.
View details of Mynt's Founder profiles and Board Members
Mynt's employee count trend
Mynt has 133 employees as of Jun 26. Here is Mynt's employee count trend over the years:
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Mynt's Competitors and alternates
Top competitors of Mynt include Pleo, Marqeta and Edenred. Here is the list of Top 10 competitors of Mynt, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of spend management platform with virtual and physical card options | $434M | 80/100 | ||
2nd | Marqeta 2010, Oakland (United States), Public | Provider of a platform for modern card issuing and payment solutions | $528M | 75/100 | |
3rd | Provider of solutions for employee benefits, mobility, and corporate payments | - | 71/100 | ||
4th | Lithic 2014, New York City (United States), Series C | Provider of platform for businesses to issue and manage payment cards | $121M | 71/100 | |
5th | Provider of corporate cards and expense management platform with accounting integration | $52.5M | 61/100 | ||
6th | Capital On Tap 2012, London (United Kingdom), Funding Raised | Provider of business credit cards, employee cards, and savings accounts | - | 60/100 | |
7th | ![]() Munify 2025, Dover (United States), Seed | Provider of digital financial tools for global currency management services | $4.5M | 56/100 | |
8th | Provider of API for virtual and physical debit card issuing | $15.1M | 47/100 | ||
9th | Multinet Up 1999, Sisli (Turkey), Funding Raised | Expense management card solutions for individuals and businesses | - | 43/100 | |
10th | Mocapay 2006, Denver (United States), Series B | Online platform for mobile marketing and payments | $9.29M | 43/100 |
Looking for more details on Mynt's competitors? Click here to see the top ones
Mynt's Investments and acquisitions
Mynt has made no investments or acquisitions yet.
Reports related to Mynt
Here is the latest report on Mynt's sector:
News related to Mynt
Media has covered Mynt for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
•
GCash parent Mynt files for Philippine IPO, targeting up to $1.5bnelectronicpaymentsinternational.com•Jun 29, 2026•Mynt, GCash
•
Mynt and Nordea Partner to Offer SME Spend Management Solution in Nordic MarketFintech Finance•Jul 22, 2025•Mynt, Nordea
•
Visa announces investment in Mynt and expanded reseller partnership across Europe
The Paypers•Apr 11, 2025•Visa, Mynt
•
Visa Invests in and Partners with Mynt for European ExpansionIT Finans•Apr 11, 2025•Visa, Mynt, Vinge
•
•
Mynt raises EUR 22 million in Series B funding roundThe Paypers•Dec 13, 2024•Mynt, Vor Capital, CNI, Incore Invest
•
Mynt funding news – Stockholm-based Mynt has raised €22Million in FundingStartup Rise EU•Dec 12, 2024•Mynt, Vor Capital
•
Mynt grabs €22M to simplify business expense management for SMEs across EuropeTech Funding News•Dec 11, 2024•Mynt, Vor Capital, CNI, Incore Invest and 1 other
•
Philippine's Mynt Gets Valuation Boost at $5 Billion With Ayala, MUFG FundingU.S. News•Aug 02, 2024•Ayala, MUFG, , and 8 others
•
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