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Mistho
Open payroll API
- 1-20 employees
- Fintech
- B2B
- Enterprise
- HR
- Bookkeeping
- SaaS
- API
- Mitte, Berlin, Germany
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Company mission
Mistho is on a mission to make payroll more open and accessible.
Our take
The promise of open banking has driven billions in venture funding over the last few years into FinTech’s offering to leverage user’s banking data for all sorts of experiences. However, that promise has largely failed. Mistho, however, is trying to pick up the pieces.
Where other fintechs try to demonstrate credibility to credit providers via easy access to banking data or some derivation of that data, Mistho wants to provide mortgage providers with direct access to applicants’ payroll provider. In this way, authenticity is guaranteed and cheques can be completed in one click.
While Mistho is certainly delivering value to credit providers, it needs to aggregate data from payroll software companies. That may be a difficult task given that these companies do not directly benefit from sharing their data, and so navigating this challenge will be an important aspect of the company's success in the near future.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Take part in tailored training programs on demand (let us know what you are looking to improve and we will find a way to support you)
- A highly motivated environment where you can grow and learn by working on ambitious challenges together in cross-functional teams
- Full-remote set-up in which you decide where you work from
- Join the team in our quarterly off-site meet-ups across Europe
Company values
- Transparency - We are building a remote first company, so the ability to communicate and share information for us is key. We live this with ad-hoc zoom meetings, daily check-ins and outs and as well as larger team updates weekly
- Agility - Our ability to learn and adapt is at the core of what we do. We are at the beginning of our journey, so adjusting to a fast changing environment is key
- Speed - When we do things, we do them right and fast, to deliver before any else. Our speed is what drives our customers to build great experience
- Growth - We don't only worry about growth of the company but also about everyone who helps building it. We believe building something great together and at the same time learning and growing as individuals, is what makes Mistho a great place to work
Funding (2 rounds)
Mar 2022
$3.2m
SEED
Jul 2021
$0.6m
SEED
Total funding: $3.8m
This company has top investors
Leadership
Maximilian Czymoch
(CEO)Previously an Engagement Manager at McKinsey. During their tenure they also successfully raised funding for micro-mobility startup, GOMEEP. Also earned an MBA from IESE Business School.
Shervin Panahi
(CPO)Co-founded Crumblo which successfully became a licensed PSD2 payments provider. Has worked at multiple companies at the intersection of payments and technology including JumiaPay where they were CPO of Jumia groups payment experiment.
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Articles
Endorsements
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Autonomy (1)
Open and honest communication (1)
Innovative product (1)
Through a remote first culture, at Mistho you are given the freedom to tailor your working day schedules. Like so, you are able to deliver your best work in whichever way works for you.
People, HR, Recruitment
Autonomy
Apr 2022
At Mistho, the entire team meets up on a weekly basis to keep everybody posted on the company's latest updates. Like so, everybody is allowed to voice any opinion or insight they wish to share.
People, HR, Recruitment
Open and honest communication
Apr 2022
Mistho is building Europe's first open payroll API. As such, one is given exposure to an innovative, game-changing product. Joining mistho is truly joining a rocketship.
People, HR, Recruitment
Innovative product
Apr 2022