+26%

est. 2Y upside i

FinTechSeries B

Mynt is an all-in-one corporate card and spend management solution on a mission to fundamentally change business banking. Our software, coupled with corporate cards and a payments infrastructure, eliminates manual administrative tasks for businesses and allows them to focus on what really matters.

Rank

#1471

Sector

Fintech

Est. Liquidity

~3Y

Data Quality

Data: Medium

Mynt offers moderate upside potential over 2 years, with a probability-weighted return of ~26%.

Last updated: July 19, 2026

Bull (35%)+88%

Expanding market share and potential IPO could sustain valuation at 10x forward revenue, yielding 88% upside.

Base (30%)+13%

Valuation converges to public comparable range (6x), providing modest 13% upside driven by revenue growth.

Bear (35%)-25%

Competitive pressure from incumbents and market contraction compress multiple to 4x, resulting in 25% downside.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding Intensity

3048%

Total preferred funding of $57M represents 30.5% of entry valuation, significantly diluting common equity in downside scenarios.

Dilution Risk

low

Company is profitable, reducing likelihood of dilutive financing in the next 2 years.

Secondary Liquidity

limited

Secondary implied valuation of $161.5M suggests limited liquidity at a discount to primary.

Questions to Ask at the Interview

Strategic questions based on Mynt's data — designed to show you've done your homework.

  • 1

    How does Mynt plan to differentiate from Ramp and SAP Concur in the Nordic market?

  • 2

    What is the revenue retention rate and expansion revenue from existing customers?

  • 3

    Given the secondary valuation discount, what is the expected timeline to an IPO or acquisition?

Community

Valuation Sentiment

Our model estimates +26% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.