We are pleased to officially announce the exit of our portfolio company, Minna Technologies, through its acquisition by Mastercard (now that the transaction has been closed and settled).
Since our initial investment in 2020, Minna Technologies has become a leader in subscription management. By integrating its platform within banking apps, Minna simplifies how users manage subscriptions, providing a seamless experience for both consumers and financial institutions. This reflects our belief in the future of embedded intelligence, where technology enhances user experiences and operational efficiency, a key component of our strategy to back companies driving innovation in financial services.
We are honoured to have worked closely with the talented executive team at Minna, its board and all our co-investors, throughout this journey. Together, we have supported Minna as they scaled to become a leader in the subscription management space, with remarkable growth and product innovation. We are confident that Minna will become a valuable addition to Mastercard’s suite of services, driving further innovation and impact. We extend our best wishes to the Minna team as they embark on a new exciting chapter.
Pascal Bouvier, Managing Partner at MiddleGame Ventures, shared his thoughts: “The MGV team and I have learned a lot from our investment in Minna. We learned from the Minna team, each of our co-investors, each board member and board observer. It was a wild ride. We are proud to have partnered with Minna Technologies during a pivotal time in their growth. Special thanks to Michael Mcfadgen, Erik Lindblad, Stefan Nordahl, Aaron Sasson our talented co-investors, and Navpreet Randhawa whose relentless energy served Minna so well all these years as well as Amanda Mesler who successfully led the entire team through this transaction, and the rest of the Minna team along those years. We look forward to witnessing the Minna team’s continued success under Mastercard’s leadership as they build upon the solid foundation they’ve established.”
You can read more about the acquisition here.
