In 2026, Mynt has partnered with Nordea to introduce a business credit card and spend management solution tailored for small and medium-sized enterprises (SMEs) in Sweden, Norway, Denmark, and Finland.
Nordea’s Commitment
Nordea is a universal bank focused on supporting the Nordic economies. It prioritizes the financial growth of its customers through an omnichannel approach and promotes sustainable practices. Nordea’s stock is listed on Nasdaq Helsinki, Copenhagen, and Stockholm.
The Importance of Financial Tools for SMEs
Small and medium-sized enterprises make up over 50% of Europe’s economic output. Despite their significant contribution, these businesses frequently operate with limited resources and smaller teams, making user-friendly financial tools essential for operational efficiency and expense management.
A Unified Solution for SMEs
The collaboration between Mynt and Nordea integrates Mynt’s spend management infrastructure with Nordea’s comprehensive pan-Nordic platform. This partnership provides a cohesive solution that allows SMEs to enhance control, save time, and increase operational efficiency. Both companies are dedicated to developing modern financial solutions for the digital age.
The new offering includes an integrated business card and expense management product featuring automated receipt processing, real-time spending controls, ERP integrations, and fully automated accounting. By leveraging Mynt’s white-labelled infrastructure within Nordea’s services, SMEs gain access to a smooth, digital-first toolkit.
Streamlining the Spend Lifecycle
The solution covers the entire business spend lifecycle—from onboarding and Know Your Customer/Anti-Money Laundering (KYC/AML) compliance to live reporting and seamless exports to accounting software. It aims to simplify how SMEs manage company cards, reimbursements, and financial reporting.
Automated Savings
Automating expense reports can drastically reduce administrative time. Traditionally, processing one report might take anywhere from 20 to 45 minutes, including entry, corrections, and approval. With Mynt’s technology, this task is now streamlined to 30 to 120 seconds, representing a 95% reduction in administrative time. For the average SME team, this means saving between 10 to 20 hours per month, equating to hundreds of additional productive business hours annually.