FinTech Startup Mynt Raises $23 Million to Pocket the SMB Expenditure Market
Mynt, a leading provider of spend management technology, has secured $23 million in equity funding, propelling its valuation to around $175 million. This latest drives the company’s total investment to over $50 million and signifies its strong position in the expense management field.
Cambridge, Mass.-based Vor Capital spearheaded the investment, recognizing Mynt’s unique approach in digitizing spending and unlocking higher value for SMBs and banks.
Mynt government-
"We’re excited to partner with the team at Mynt as they revolutionize the spend management landscape for small and medium businesses. This latest round highlights how Mynt is transforming financial management for businesses worldwide," said Peter Nichols, Vor Capital Partner.
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Mynt empowers SMBs through its suite of services**,
including its flagship product, Mynt Platform. This platform provides