Bulgaria’s Unicorn Payhawk Enters Swedish Market to Challenge Pleo and Mynt

Bulgaria’s first unicorn Payhawk wants to challenge local players Pleo and Mynt in Sweden with its expense services and corporate cards. The company opened an office in Stockholm, partly with help from its Swedish shareholders, and aims for a US listing in a few years. Its main goal is to reach $1 billion in revenue, says founder Hristo Borisov.