Swedish startup Minna Technologies raises €15.5 million to help retail banks enable their subscription management offering
Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app.
Instead of spending hours on the phone or going through web pages trying to cancel a subscription, Minna can terminate it at the push of a button.
Through partnerships with European retail banks including Swedbank and ING, Minna has saved more than €40 million on behalf of the bank’s retail customers.
Minna’s technology reduces the burden on bank call centres thanks to its integration with Visa, by stopping payments from cards.
The new Series B funding takes the total Minna Technologies has raised so far to over €23 million.
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