Having raised a 15.5m Series-E ventures from investors, Swedish tech startup Minna is hoping to make its mark on the personal finance industry.
Its technology empowers bank customers to take control, manage and switch personal subscriptions.
The company’s technology is the next-generation of personal finance after neo-banks.
The startup has seen its demand increase as banks and customers have sought to take control of their financial lives.
The startup’s tech is the next-generation in personal finance after neo-banks
Using a combination of the cloud and a credit card, Swedish start-up Minna has wowed the competition with its credit card billing system and mobile apps.
Minna has already saved the equivalent of EUR40 million in retail customer billings. In the quest for customer satisfaction, retailers have to compete with the competition in the digital age.
As a result, the industry is set to see an uptick in ad spending, a trend that is unlikely to slow down any time soon.
The Swedish company is not alone in the subscription services game.
In fact, in an age of consumer apathy, a well-executed subscription service program can prove to be a boon to both customers and the company at large.
The perks of being a subscriber include a streamlined billing process, reduced risk, and improved convenience. Minna has already teamed up with several retailers including Lloyds Banking Group and e-commerce powerhouses Amazon and eBay.
The company’s mobile banking apps and apps for smartphones and tablets enable customers to take charge of their financial future.
The company has also garnered industry attention for its efforts in utility switching, an arduous task for many consumers.
By combining the power of the cloud with its own mobile app, Minna has solved a daunting task that many retailers are simply unwilling or unable to tackle.
With a mobile app, retailers can streamline the experience and ensure customers get the best deal.
As a result, consumers can glean the benefits of being a subscriber without having to deal with the hassle of dealing with an unfriendly customer service rep.
By integrating the mobile app into a bank’s mobile banking experience, Minna can show customers the right way to shop for their utilities, as well as a number of other products and services.
With this in mind, Minna is well-positioned to capitalize on the industry’s growing need for new and innovative ways to keep customers engaged.
The company has a roadmap for expansion that includes plans to introduce a suite of mobile apps for small businesses, as well as a mobile payment service.
Ultimately, Minna’s fintech has the potential to transform the financial experience of millions of consumers.
With the right technology in place, the company could be well on its way to a new revenue stream and the title of digital banking kingpin.
By keeping customers engaged, the company could win the battle for the consumer’s hearts and wallets.
Despite a tough industry climate, Minna has a bright future.
For more information, check out their website or contact their customer service team.
The company has also produced a white paper demonstrating its capabilities. Touted as the smartest fintech startup in Sweden, Minna is set to take the European banking industry by storm.
The company’s technology empowers bank customers to take control, manage and switch personal subscriptions
Founded by Joakim Sjoblom, Minna is a subscription management company that provides technology to retail banks to help them improve their customers’ digital experience.
Their technology allows customers to manage, cancel and switch their personal subscriptions through a bank app.
They also offer an additional source of revenue for banks. Using their technology, banks can offer their customers an easier way to cancel subscriptions, which can save them time and money.
Minna’s technology also allows customers to view and manage their subscriptions and get alerts when they’re about to run out of money.
For example, if a customer is on a free trial, Minna will let them know when the trial is going to expire. It also eliminates the need for web pages to cancel subscriptions.
Currently, customers claim to save EUR40 million with Minna’s technology. Customers can also use Minna’s technology to find better deals on subscriptions. It also integrates with Visa, allowing them to make payments without using a card.
Minna’s technology is being used by a wide range of banks, including Lloyds Banking Group, Swedbank, ING, Zenith, and a number of retail banks in Europe.
It can save retail customers time and money by helping them easily manage subscriptions and find better deals on them.
Customers can also take control of their subscriptions and manage them in a more secure way, without the need to call the bank to make a change.
Minna’s technology allows customers to manage their subscriptions through a bank app, which makes the entire experience easier.
For example, Minna will alert customers when free trials are about to expire, which can save them money.
Unlike a traditional subscription, customers can also use Minna’s technology to stop card payments if they’re about to expire.
The company’s technology eliminates the need for hours of phone calls to cancel subscriptions, which can save consumers time and money.
Customers can also use the company’s technology to cancel subscriptions and find better deals, allowing them to improve their financial health.
Minna’s technology is also being used in utility switching.
If a customer is unhappy with their utility service, Minna can help them find better deals on their service.
It can also help a bank earn additional revenue by helping them switch their customers to a different utility.
Minna has saved retail customers EUR40 million so far.
The company plans to expand its technology to more banks around the world.
Minna has received funding from a number of investors, including Visa, Element Ventures, Zenith, and MiddleGame Ventures.
The company will use the funding to expand its open banking technology to more users around the world.
In the spring of 2019, Zenith invested in Minna Technologies. Minna is a company that is set to be the next big player in personal finance.