Visa Announces Investment in Mynt and Expanded Reseller Partnership Across Europe
April 10, 2025
Visa has announced an expanded reseller partnership and investment into Mynt, a Swedish-founded SaaS fintech specializing in spend management solutions.

Mynt, founded in Stockholm in 2018 and a Visa partner since 2023 has rapidly grown to become a leading spend management solution provider in the Nordic region. The company offers corporate cards to over 16,000 of its business customers which, through Mynt’s platform, can seamlessly integrate with ERP and accounting systems reducing time spent on finance administration and bookkeeping.

The partnership with Visa will enable Mynt to address the growing demand for efficient spend management among small and medium-sized businesses (SMBs).

Philip Konopik, Regional Managing Director, Visa Nordics & Baltics, said: "We are thrilled to invest in Mynt as they continue to grow following several years of joint value-creating collaboration. Another great example of Nordic fintech innovation where Visa is deepening collaboration with Mynt, where our combined capabilities will enable our clients and partners to bring market leading propositions and service to Small and Medium sized Businesses across Europe."

The investment, which is part of Mynt’s announced series B funding round, underscores Visa’s commitment to supporting innovative fintech solutions and enhancing payment experiences for businesses across Europe.

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Mynt becomes Europe-wide reseller partner for Visa
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As part of this deepened relationship, Mynt will also become a reseller partner for Visa, expanding its reach and capabilities throughout Europe.

By onboarding Mynt as a reseller partner across Europe, Visa will be able to resell Mynt’s SaaS solutions directly to issuers. This collaboration can help simplify the client onboarding process and accelerate go-to-market timelines in alignment with Visa’s B2B strategy.

Baltsar Sahlin, CEO and Co-Founder of Mynt, said: "We are excited to welcome Visa as an investor and to become their reselling partner. We are impressed by Visa's team and this partnership will allow us to further scale our solutions across Europe and the UK. Visa's investment is also a testament to the strength of our technology, capabilities and our vision to simplify and streamline business expenses."

The partnership will enable Visa to better meet its clients’ needs and the underserved SMB market. Mynt’s platform provides auto-reconciliation and easy integration into accounting software enabling spend insights and reduced administrative burden.

Otto Klingspor
Head of Marketing
press@mynt.com
Nyheter från Mynt

Fler pressreleaser

April 10, 2025
Visa Announces Investment in Mynt and Expanded Reseller Partnership Across Europe
Visa has announced an expanded reseller partnership and investment into Mynt, a Swedish-founded SaaS fintech specializing in spend management solutions.
February 4, 2025
Mynt and Visma Spcs initiate a collaboration to help Swedish businesses spend smarter
Mynt, one of the leading providers of company cards in the Nordics, enters a strategic partnership with Visma Spcs, one of Sweden’s largest providers of financial systems for small and medium-sized businesses as well as accounting firms. The partnership aims to provide Swedish businesses with a more integrated and user-friendly solution for managing company expenses – a modern alternative to traditional card solutions. With this initiative, the two companies address the growing demand for flexible and cost-effective tools for small and medium-sized enterprises.
December 11, 2024
Swedish fintech Mynt closes €22 million Series B to scale its corporate spend management solution.
Vor Capital led the round - with participation from existing institutional investors including CNI and Incore - which will be used to boost Mynt Platform’s expansion across Europe and the UK
February 14, 2024
Mynt and Visa Announce Strategic Partnership to Innovate Spend management for SMEs
The Fintech company Mynt has joined forces with Visa, a global leader in digital payments, to bring Mynt’s new fully embedded card solution to more SMEs than ever. The solution allows Enterprise Resource Planning (ERP) fleet and fuel companies and banks to offer top-notch fully embedded corporate cards and spend management solutions to their customers.
April 19, 2023
Mynt secures 100 MSEK financing round led by Vor Capital to boost growth initiatives and support European expansion
Mynt, a Nordic corporate card and spend management solution, has raised an additional 100m SEK in an additional financing round at an increased valuation, after seeing the customer base grow 6x and spend 12x since early 2022. The round is led by Vor Capital, and includes existing investors such as CNI.
February 24, 2023
Mynt and Accountor Group will launch a corporate card together in Finland – to simplify expense management
Mynt and Accountor Group, have entered into a partnership to launch a corporate card – Kortti a+ – on the Finnish market. Accountor is a forerunner within digital accounting in Finland, and will now strengthen their offering with a smart corporate card.
May 10, 2022
Mynt raises 150 mSEK to help European businesses automate expense management through its smart corporate card and spend management solution.
Mynt, a Swedish fintech offering smart company cards that simplifies expense management, has raised 150 mSEK to scale up growth beyond Sweden and revolutionize how expense management is done in Europe.
June 6, 2021
Mynt authorised as E-money institution – gearing up for European expansion
Mynt, the Stockholm-based fintech offering smart corporate credit cards and spend management, has been authorised as an E-money Institution by the Swedish Financial Supervisory Authority (SFSA, Finansinspektionen).

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