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.