Mimo Bring
“Can a UK-built B2B payments + cash flow tool become the embedded-finance OS for SMBs and their accountants?”
Founded2023
HQLondon, UK (with Stockholm, Sweden entity)
FoundersHenrik Grim, Alexander Gernandt Segerby, Andreas Meisingseth
Total raised$8.5M+ equity (plus $125M+ embedded funding facility)
Latest roundEarly Stage VC, 2026 ($8.5M led by Project A)
IndustryFintech / SMB banking
The story
Founded in 2023 by Henrik Grim (former GM Europe at Capchase) as a UK-focused B2B payments and cash flow platform for SMBs and accountants. The strategic move in 2025 was adding embedded lending via Froda, repositioning Mimo from a payments tool into a working-capital + payments platform. The 2026 raise positions Mimo to deepen accountant distribution (the 'Mimo Associate' product) and expand pan-European.
Product timeline
2023
Mimo founded by ex-Capchase / Northzone team to simplify B2B payments and cash flow for SMBs.· pivot
2025
Launched embedded SME funding partnership with Froda, unlocking £92M (later $125M+) in working capital for UK SMBs.· lending
2026
Raised $8.5M equity round led by Project A; processing volume grew 10x to hundreds of millions GBP.· banking
The stack
6 layers disclosed in Mimo Bring’s embedded-finance stack
Banking / BaaS
in the full report
Lending
in the full report
Open banking
in the full report
FX & payouts
in the full report
Accounting
in the full report
Accounting gap: minor
7 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.