Mistho logo — The European open payroll API

Mistho

The European open payroll API

Founded 2021 4 employees Seed Total: $3.00M Financial Services, Fintech

General Information

Company Name Mistho
Founded Year 2021
Employees 4
Industries Financial Services, Fintech
Funding Stage Seed
Social

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About Mistho

Mistho is a Financial Services, Fintech startup founded in 2021. It offers the first open payroll API for Europe, aiming to simplify access to employment and payroll data for consumers. The company's innovative approach allows for the secure sharing of this data with banks, insurers, and lenders at the click of a button. Mistho's solution addresses the common challenges individuals face when applying for services such as renting a flat, leasing a car, or applying for loans, by providing a digitally embedded income verification solution that seamlessly transmits income data, including payslips, without disrupting the application process. In February 2022, Mistho successfully raised a $3.00M Seed Round investment from notable investors such as Fin Capital, Flash Ventures, Global Founders Capital, Nauta Capital, and Lightbird. This funding demonstrates the confidence these prominent investors have in Mistho's vision and the potential of its open payroll API solution. By focusing on building the backend infrastructure for sharing payroll information and enhancing the consumer experience in the Fintech industry, Mistho is strategically positioned to make a significant impact. The ability to seamlessly integrate Mistho's flow into existing customer journeys to verify end-user income is a testament to the company's dedication to improving and simplifying financial processes. As Mistho continues to expand and innovate, it stands as an exciting player in Europe's Fintech landscape, offering an essential service for both individuals and businesses.

Business keywords: Payroll API, Income Verification, Open Banking, Consumer Experience, European Market, API Integration, Digital Verification, API Economy

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $3.00M 5
Fin Capital, Flash Ventures +3
21 Feb 2022
Pre Seed Round Undisclosed 2
Nauta Capital, Lightbird
01 May 2021

Mistho Alternatives & Competitors

View All Alternatives
Mistho vs

Open Banking. A better way to pay with Nello Pay.

Venture round
71 employees
Financial Services, Fintech
Mistho vs
Portabl
Portabl United States

Financial identity at the speed of payments

Pre-Seed
6 employees
Analytics, Data Analytics
Mistho vs
Basiq
Basiq Australia

The Building Blocks of Financial Services

Acquired
55 employees
Finance, Financial Services

FAQ About Mistho

The European open payroll API
Mistho was founded in 2021.
Mistho operates in Financial Services and Fintech. Its work centres on Payroll API, Income Verification, Open Banking and Consumer Experience.
Mistho has approximately 4 employees.
Mistho has completed 2 funding rounds, raising a total of $3.00M. The latest funding stage is Seed.
Top alternatives and competitors to Mistho include Neonomics, Portabl, Basiq, Ventis, Finicity, a Mastercard Company. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mistho and Neonomics are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Mistho, https://bouncewatch.com/company/mistho, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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