Minna team 2.jpg
 

Minna Technologies

w: Minnatechnologies.com

t: Minnatech

Li: Minna

Founders: Joakim Sjöblom, Jonas Karles, Marcus Lönnberg

Founded: 2014

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