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Mynt secures 100 MSEK financing round led by Vor Capital to boost growth initiatives and support European expansion
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– We see this as an important step in our ongoing European expansion, having Vor joining us as a strategic investor to further boost growth initiatives with their significant network and know-how in accounting software and spend management globally.Mynt offers a corporate card solution and spend management solution that integrates with major Nordic ERPs, automating expenses and eliminates the heavy administration that typically comes with card purchases for a company. In 2021 Mynt became the fifth company in Sweden to be granted a European wide E-money license and a credit card issuer.- In the past year we have experienced incredible growth, both in terms of customers and transaction volume. Our solution with corporate cards, credit and spend management - integrated with accounting - solves major pain points for businesses of any size, says Baltsar Sahlin, CEO and Co-Founder.In 2022, Mynt announced an exclusive partnership with Fortnox, whereby Mynt will issue corporate cards within th...
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