Mynt shares
Unlisted company
Mynt was founded in 2018 by Baltsar Sahlin, Johan Obermayer and Magnus Wideberg with the aim of simplifying expense management for businesses. The company is a licensed electronic money institution supervised by the Swedish Financial Supervisory Authority and issues Visa Platinum corporate cards under a licence agreement with Visa.
Revenue model and offering
Revenue is generated through a combination of platform subscription fees and transaction-based fees linked to card usage. The offering includes corporate cards with individual spending limits, automatic receipt matching, management of per diem allowances, mileage reimbursement and out-of-pocket expenses, as well as integrations with accounting systems such as Fortnox, Visma and Xero. The platform targets small and medium-sized businesses where the manual administration of expenses and receipts is time-consuming.
Markets and distribution
Mynt operates in several European countries and is run from its headquarters in Stockholm, with distribution channels built through partnerships with Nordea, Fortnox and others
Growth strategy
The growth strategy is organic and is based on geographical expansion in Europe by replicating the Nordic model in new markets, deepening the product offering with additional financing services, and scaling Mynt Platform, a spend management-as-a-service solution that enables banks, accounting systems, and fleet companies to offer card issuance and expense management under their own brand.
Operations
Licensed electronic money institution under the supervision of the Swedish Financial Supervisory Authority
Visa Platinum corporate card with expense management and receipt matching
Revenue from subscriptions and transaction fees
Distribution and markets
Integration with a selection of accounting systems
Partnerships with banks, accounting systems, and card issuers
Several European countries, with the Nordics as the home market
Financial performance
Published 1 September 2026Published figures from the company’s own reports. Amounts in MSEK · change from the previous year
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Net sales | 120(+66.3 %) | 72(+130.6 %) | 31(+52.1 %) | 21(+38.3 %) |
| Revenue growth | 66.3%(-64.3 pp) | 130.6%(+78.5 pp) | 52.1%(+13.8 pp) | 38.3% |
| EBITDA | -29 | -22 | -45 | -34 |
| EBIT | -41 | -30 | -49 | -35 |
| Net income | -37 | -28 | -49 | -36 |
| Equity | 440(+7 %) | 411(+120.3 %) | 187 | – |
| Cash and bank | 286(+15 %) | 249(+265.7 %) | 68 | – |
Documents and reports
3New share issues
Latest 1An overview of the company’s capital raising.
| Date | Capital raised | Valuation |
|---|---|---|
| SEK 30m | SEK 2bn |
Questions about Mynt
Is Mynt publicly listed?
No, Mynt is a private limited company and is not publicly listed. The company has not conducted an IPO, so its shares are not traded on a regulated stock exchange, but rather through the unlisted market.
What does Mynt do?
Mynt is a Swedish fintech company that offers a platform for corporate expense management. The platform includes corporate cards, automated receipt management, accounting integrations, and flexible financing for small and medium-sized businesses.
Can I buy shares in Mynt?
Yes, it is possible to buy shares in Mynt through trading in unlisted shares, provided that there are sellers. Through Eqvor, you can place a buy order and be matched with sellers in the unlisted market.
How do I sell shares in Mynt?
If you own shares in Mynt, you can place a sell order via Eqvor and be matched with buyers. When a buyer and seller are matched, the transaction is completed and the change of ownership is recorded in the company's share register in accordance with the company's applicable procedures.
Is Mynt affiliated with Euroclear?
No, Mynt is currently not affiliated with Euroclear. This means that the shares are registered directly in the company’s share register and not through the Swedish securities system.
Can I hold Mynt shares with Avanza or Nordnet?
Since Mynt is not affiliated with Euroclear, the shares cannot normally be held in a standard securities account with Avanza or Nordnet. Instead, ownership is registered directly in the company’s share register.
Does Mynt have post-transfer purchase rights or rights of first refusal?
Yes, Mynt has post-transfer purchase rights or rights of first refusal. This means that share transfers may need to be handled in accordance with specific terms before the shares are sold on to an external buyer.
At what price is Mynt’s share traded?
Since Mynt is not listed on a stock exchange, there is no official share price on a regulated marketplace. Instead, the price is determined by supply and demand between buyers and sellers in the unlisted market.
When will Mynt be listed on the stock exchange?
There is currently no publicly announced timetable for a stock market listing of Mynt. We therefore do not currently know when Mynt may be listed or whether the company will carry out an IPO.
What are the risks of investing in Mynt?
Investing in Mynt involves risk, just like other investments in unlisted shares. The company’s value development may be affected by customer growth, competition, regulatory requirements, capital needs, credit risk, financing costs, and demand for corporate cards and digital expense management. Trading in unlisted shares also normally involves lower liquidity than trading in listed shares.
Where can I find Mynt's annual report?
Mynt's annual report is available under Investor Relations and Financial Reports. The company's annual reports can be downloaded there.
Has Mynt carried out any share issues?
Yes, Mynt has raised capital and carried out previous new share issues. Mynt’s Capital raised is stated as SEK 567.6 million, indicating how much capital the company has raised through previous financing rounds.
How much capital has Mynt raised in total?
Mynt's Capital raised is stated as SEK 567.6 million. An equity raise is a term for raising capital, but terms such as funding round, financing, or share issue are also commonly used.
Has Mynt reported a profit or a loss?
Mynt reports a negative result in the latest available information. Under Key figures, EBITDA is stated as -21,624 TSEK and net income as -27,846 TSEK. The company’s earnings trend is also shown in the Results per year graph.