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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.
Social
Facebook
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
Investors
Ranked
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
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Mynt's founders and board of directors

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The founders of Mynt are Johan Max Obermayer and Magnus Wideberg.
Here are the details of Mynt's key team members:

Mynt's employee count trend

Mynt has 133 employees as of Jun 26. Here is Mynt's employee count trend over the years:
Employee count trend for Mynt
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Pleo
Pleo
2015, Copenhagen (Denmark), Series C
Provider of spend management platform with virtual and physical card options
$434M
80/100
2nd
Logo for Marqeta
Marqeta
2010, Oakland (United States), Public
Provider of a platform for modern card issuing and payment solutions
$528M
75/100
3rd
Logo for Edenred
Edenred
2010, Issy les Moulineaux (France), Public
Provider of solutions for employee benefits, mobility, and corporate payments
-
71/100
4th
Logo for Lithic
Lithic
2014, New York City (United States), Series C
Provider of platform for businesses to issue and manage payment cards
$121M
71/100
5th
Logo for Mynt
Mynt
2013, Stockholm (Sweden), Series B
Provider of corporate cards and expense management platform with accounting integration
$52.5M
61/100
6th
Logo for Capital On Tap
Capital On Tap
2012, London (United Kingdom), Funding Raised
Provider of business credit cards, employee cards, and savings accounts
-
60/100
7th
Logo for Munify
Munify
2025, Dover (United States), Seed
Provider of digital financial tools for global currency management services
$4.5M
56/100
8th
Logo for Union54
Union54
2020, Lusaka (Zambia), Seed
Provider of API for virtual and physical debit card issuing
$15.1M
47/100
9th
Logo for Multinet Up
Multinet Up
1999, Sisli (Turkey), Funding Raised
Expense management card solutions for individuals and businesses
-
43/100
10th
Logo for Mocapay
Mocapay
2006, Denver (United States), Series B
Online platform for mobile marketing and payments
$9.29M
43/100
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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

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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.comJun 29, 2026Mynt, GCash
Mynt partners with VisaThe PaypersFeb 15, 2024Mynt, Visa
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