As a result of the collaboration between the two companies, Mynt is able to onboard new customers and give them access to tools such as virtual cards, spending limits, and expense management features. The B2B credit card solution includes flexible account structure (with multiple cards per account), fraud management, and real-time transaction monitoring that will increase transparency in SME business expense management.
Mynt’s solution targets high-spend businesses with features such as an unlimited number of virtual and physical cards, support for larger teams, and expense management, meeting the needs of high-growth businesses.
Earlier this summer, Mynt was authorised as an E-money Institution by the Swedish Financial Supervisory Authority. The E-Money license enables Mynt to augment its product offering and expand into new markets in the future.
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