December 16, 2024

Incore Invest Commits €1.5 Million to Mynt to Drive European Expansion

Mynt Logo
Mynt Logo

We are excited to share that Incore Invest has committed €1.5 million to Mynt, a leading Swedish fintech provider of digital spend management solutions. This strategic investment aligns with our mission to empower innovative businesses and will help Mynt accelerate its growth, expanding beyond the Nordic region into the broader European market.

At Incore Invest, we are always on the lookout for forward-thinking companies that provide transformative solutions to pressing business challenges. Mynt stands out with its all-digital platform that streamlines financial operations for businesses. By automating and digitising expense management, Mynt enables companies to gain real-time visibility and control over their expenditures. This not only reduces inefficiencies but also delivers a seamless financial experience for users.

Having established itself as a key player in Sweden’s fintech scene, Mynt is now poised for wider European expansion. With demand for scalable and efficient financial tools on the rise, we see a tremendous opportunity for Mynt to bring its innovative solution to businesses across the continent.

Across Europe, businesses are facing increasing pressure to replace outdated financial systems with efficient and transparent alternatives. The need for digital transformation is especially urgent in corporate spend management, where manual processes and fragmented systems often lead to inefficiencies and increased costs. Mynt’s unified and automated platform directly addresses these challenges, offering a smarter, faster way to manage business expenses.

We believe Mynt’s proven success in the Nordics, and its ability to scale across diverse markets, makes it an excellent partner for driving change in financial management. Our investment will allow Mynt to advance its technology, enhance its market presence and continue innovating in the spend management space.

Nicolai Chamizo, CEO of Incore Invest, shared his thoughts on the partnership, “Mynt represents the future of corporate spend management. Their platform is not only innovative but also addresses a critical need in today’s fast-changing business environment. We believe that with our investment, Mynt can lead the digital transformation of financial management in Europe, helping businesses optimise their spending and improve operational efficiency.”

He added: “This partnership is about more than just capital. It’s about equipping businesses with the right tools at a time when they need them most. We’re thrilled to support Mynt on this journey and look forward to witnessing their growth over the next few years.”

Baltsar Sahlin, CEO of Mynt, welcomed our investment and partnership, “This marks a significant milestone in Mynt’s growth journey. With Incore’s support, we are better equipped to expand our platform and deliver the benefits of our solution to businesses across Europe. We look forward to working together to drive digital transformation in corporate spend management.”

As Europe continues to embrace digital financial solutions, our partnership with Mynt is poised to make a significant impact on how businesses manage their finances. Together, we aim to provide companies with the tools they need to navigate an evolving financial landscape while driving efficiency, transparency and innovation in spend management.

For more about Mynt, visit: https://www.mynt.com/en