Founders: Joakim Sjöblom, Jonas Karles, Marcus Lönnberg
Keywords: Payments, Subscription Economy, Open Banking, financial management
Who is it for: Retail Banks, Merchants (benefits consumers)
Total funding: €7.5M
Latest funding: $6.2M, Series A, May 2019 - Zenith Group
HQ: Gothenburg, Sweden
“Helped bank customers save more than €30M by managing subscriptions.”
Minna reports that Europeans now spend €334 per month on seven different subscription services, and 1 in 3 unknowingly pay for services they no longer use.
The subscription management platform helps consumers to keep track of recurring costs/subscriptions, to cancel subscriptions and improve them. Minna doubled revenue in 2018, as companies shifted from a transaction to subscription based services.
This year the Gothenburg-based business launched a pilot with ING in Belgium, and partnered with Visa to to enable subscription management through European retail banks