Mynt more than doubles run-rate revenue to €30 million as customer base reaches 30,000
November 11, 2026
Stockholm - 11 November 2026 - Swedish fintech Mynt (www.mynt.com), which provides corporate cards and AI-native spend management solutions for businesses, reached an annualised revenue run-rate of €30 million in October, more than double its €14 million level at the start of 2026, while customer base has grown to over 30,000 businesses in the past year. Mynt says growth is fuelled by its new suite of AI-native financial solutions, and follows sustained success across Nordic markets.

So far in 2026 Mynt has:

  • Reached €30 million annualised run-rate revenue in October, up from €20 million in March, and €14 million at the beginning of the year; over 100% organic run-rate revenue growth since the start of the year.
  • Hit 30,000 business customers, up from 20,000 in autumn 2025
  • Expanded company headcount to 130 across 3 offices. With pan-Nordic and Baltic operations, Mynt continues to hire across teams in order to meet the demand of its growing list of customers.

Mynt CEO and co-founder Baltsar Sahlin: “2026 has been a record-breaking year for Mynt. We’ve surpassed 100% run-rate revenue growth since the start of the year as our customer base continues to expand, showing there is an ever increasing demand for our solutions. Alongside onboarding thousands of new businesses, we have created even greater value across our solution suite; ensuring businesses across the Nordics have the best AI tools available to save time and money. Looking ahead, our ambition is to become the financial administration partner of choice for businesses across Europe.”

Mynt’s solutions are sorely needed by businesses of all sizes, as prior to automation processing a single expense report could take anywhere from 20 to 45 minutes across entry, correction and approval. With Mynt’s technology, the same task takes just 30 to 120 seconds, according to the company’s own estimates - a 95% reduction in admin time. 

Mynt’s AI tools are able to understand each business’s unique accounting rules to fully automate workflows including coding expenses and VAT rate inputs. For the average business, this translates to 10–20 hours saved per month, unlocking hundreds of hours annually for high-value business activities.

Mynt’s record-breaking 2026 follows a sustained period of growth, in which the company acquired Estonian-founded AI-driven business expense platform CostPocket, and announced partnerships with Swedish accounting platform Fortnox, Danish financial platform e-conomic, and Nordea, the largest bank in the Nordics. The latter set in motion a business credit card and spend management solution for businesses across Sweden, Norway, Denmark and Finland. The partnerships follow Mynt’s 2024 €22 million Series B funding round, led by Vor Capital, with participation from Visa.

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Founders of Mynt. Baltsar Sahlin, CEO. Johan Obermayer, CPO. Magnus Wideberg Cheif Achitect

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About Mynt

Mynt is a Swedish fintech company providing corporate cards and an AI-powered spend management platform. Through automation and integrations with leading accounting systems, Mynt helps businesses control spending and reduce financial administration. Founded in 2018, Mynt serves more than 30,000 businesses and offers its product directly in Sweden, Norway, Finland and Denmark. To date, Mynt has raised over €55mn and investors include CNI Nordic, Fortnox, Incore Invest, Luminar Ventures, Svea, Visa, and Vor Capital. For more information, visit mynt.com

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

Fler pressreleaser

April 19, 2023
Mynt secures 100 MSEK financing round led by Vor Capital to boost growth initiatives and support European expansion
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February 24, 2023
Mynt and Accountor Group will launch a corporate card together in Finland – to simplify expense management
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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.
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Mynt authorised as E-money institution – gearing up for European expansion
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