80+
Countries with local payment rails, native to the ledger
Comparison · Light vs Mynt
Light vs Mynt
Mynt is a well-built Swedish company card and expense platform, and Fortnox Företagskort is offered in partnership with Mynt. Whichever card you use, it posts into Fortnox or your accounting system rather than being one, so you run 2 systems and the ledger question stays open. Light is the agentic accounting platform that IS your system of record: spend, AP/AR, and multi-entity accounting in one platform.
Book a demo$2B
Revenue Tillo runs on Light across 8 entities
76%
Cut in Tillo's month-end processing time
4
People on the finance team scaling Lovable to $500M revenue
Compare Light vs Mynt
| Light | Mynt | |
|---|---|---|
| Implementation | Weeks, with a dedicated implementation team and account manager included | Fast for cards and expenses, especially alongside Fortnox; the ledger remains a separate system |
| Architecture | One AI-native ledger; consolidation posts as transactions happen | Card and spend platform that posts into your accounting system (Fortnox, Visma eEkonomi, PE Accounting) |
| Agents | Agents complete work end to end inside your controls; every action logged and attributable | Automated receipt matching and categorisation; no ledger agents |
| Configuration | Astra learns from your data and suggests workflow and configuration changes to increase performance; applied in-product, no consultants | Self-serve, within spend scope |
| Subscription management | Contract-based invoicing and deferred revenue automated | Subscription spend visibility; revenue lives in your accounting system |
| Spend management | Corporate and virtual cards with Apple Pay and Google Pay, expense capture via Slack, Teams and email, native to the ledger | Native; Mynt's core strength |
| Global bill pay | AP and vendor payments executed on local rails in 80+ countries, from the ledger itself | Nordic payments and supplier invoices; centred on the Swedish market |
| Advanced reporting | Real-time multi-entity reporting with instant drill-down; no spreadsheet exports | Spend reporting; financial statements come from Fortnox or your accounting system |
| SaaS metrics | ARR, MRR, NRR, churn and cohort metrics computed from the ledger and contracts, in real time | Lives in your accounting system or a separate tool |
| Global coverage | Local payment rails in 80+ countries; multi-entity, multi-currency by default | Nordic focus, strongest in Sweden |
Why finance teams choose Light over Mynt
Mynt is a well-made Swedish product: company cards, automated receipt matching and expense handling for Nordic businesses, licensed by Finansinspektionen and integrated with Fortnox, Visma eEkonomi and PE Accounting. Fortnox Företagskort is also offered in partnership with Mynt.
What Mynt does not do is replace the accounting system. The books stay in Fortnox, the consolidation stays outside both products, and month-end still reconciles the seam. Light answers the whole question at once: the ledger and the spend platform are one product, so cards, expenses, AP, consolidation and reporting share one audit trail.
Mynt plus Fortnox, or one ledger
The Mynt and Fortnox pairing is popular for good reason, and it is still 2 systems: the card platform and the bookkeeping platform, with data moving between them. On Light there is nothing to move. The card transaction, its receipt, its coding and its posting are one record on one ledger, and Light replaces the Fortnox side as well.
Built for groups, not single companies
Mynt is designed around Nordic SMEs operating as a single entity. Light runs multi-entity, multi-currency groups, consolidates them continuously rather than at period end, and pays suppliers on local rails in 80+ countries.
Where Mynt fits
A single Swedish company happy with Fortnox that only wants better company cards has a genuine case for Mynt. For a group that needs multi-entity support and wants one unified system instead of 3 or more connected tools, Light is the obvious choice.
Signs you’ve outgrown Mynt
Mynt is a layer, not a ledger
Mynt is very good at company cards and automated expense handling, and by design it posts into a system of record it does not replace. You still run and pay for Fortnox or your accounting system underneath. Light is the ledger and the spend platform in one.
Mynt plus Fortnox is 2 systems
Whether you use Mynt's own card or Fortnox Företagskort, which Fortnox offers in partnership with Mynt, you are running a card platform and a bookkeeping platform: 2 products, 2 contracts and a monthly reconciliation between them. Light replaces both with one ledger that the card transaction posts to directly.
The group has outgrown a Swedish setup
A Fortnox-centred stack works well for one Swedish company. Once the group has entities in several countries and currencies, the consolidation moves into spreadsheets. Light consolidates continuously as transactions post.
“We evaluated several vendors. Light won because it covers our full finance stack, revenue, AR, AP, expenses, and consolidation, without stitching together a patchwork of point solutions.”
TanjaDirector of Finance, Omnea
Top 3 reasons leaders pick Light over Mynt
An all-inclusive platform
Leverage native products for AP, AR, Procurement and budgeting that seamlessly leverage AI and integrate to Slack and Teams.
Superior performance
Whether you are processing 100,000 or 50 million transactions, the Light Ledger is based on a hyper-performant database.
Beautiful reporting
Stop the reporting headache of spreadsheets, and get fast, intuitive reports with instant drill-down capabilities.
More reasons to love Light
Enjoy integrated products that both finance and the employees enjoy using.
Expense Management
Automate expense approvals, track spending in real-time, and gain insights with AI-powered analytics.
Vendor Management
Streamline vendor relationships with simplified onboarding, tracking supplier performance, and enforcing procurement policies.
Cards
Issue vendor and employee cards with Apple Pay and Google Pay globally. Upload receipts via Slack, Teams or email.
Frequently asked questions
Is Light an alternative to Mynt?
Light replaces Mynt plus the accounting system underneath it: one platform for the ledger and spend, with agents running the work. Choose Mynt and you still need a separate accounting system such as Fortnox. With Light the functionality is built in.
We use Fortnox Företagskort. Is that the same as Mynt?
They are related but not identical. Fortnox offers Fortnox Företagskort in partnership with Mynt, and Mynt also sells its own card that integrates with Fortnox. Either way it is a card and expense layer on top of Fortnox, so you are running 2 systems. Light replaces both.
Can Light match Mynt on cards and expenses?
Light issues corporate and virtual cards with Apple Pay and Google Pay, captures receipts in Slack, Teams and email, and enforces expense policy at submission, natively on the ledger.
We have entities outside Sweden. Does that change the comparison?
Yes. Mynt and Fortnox are built around Nordic, largely single-entity businesses. Light consolidates multi-entity, multi-currency groups continuously and pays suppliers on local rails in 80+ countries.