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November 25, 2025
Mimo Announces ‘Mimo Associate’, an AI Accounting Tool Transforming Month-End Efficiency and Recovery Rates
LONDON, UNITED KINGDOM. 25 NOVEMBER 2025. Mimo today announced the upcoming launch of Mimo Associate, a first-of-its-kind AI accounting associate designed to streamline and accelerate month-end close workflows for accountants. The product, currently in early access with outsourced finance teams of top accounting firms, will be available broadly in Q1 2026.
Unlike traditional automation tools that speed up individual tasks, Mimo Associate is built to automate, understand and learn across the full month-end process. In addition to speeding up previously manual tasks, it captures and applies cumulative client knowledge, firm-specific logic and historical decisions, dramatically reducing rework, improving review quality and increasing recovery rates.
Mimo Associate works alongside your existing tech stack across month-end workflows, acting as an AI colleague powered by a coordinated set of task-specific agents. These agents work together to identify & gather missing data, reconcile and categorise transactions, surface anomalies, automate adjustments & journal entries, and prepare clear, review-ready output for accountants. With it, time spent on month-end is reduced by up to 50%, improving recovery rates and freeing up time for higher value work & growth.
Henrik Grim, CEO & Co-Founder of Mimo, comments:
“For years, accounting tools have promised automation, but month-end workflows are still littered with manual processes and distributed datasets, where client context lives in single individuals’ heads. Having worked alongside leading Accounting firms in the UK the last years, we’re excited to address a significant drag on their core service delivery with the latest technology. We’re incredibly proud to have built Associate in close partnership with some of the most forward-thinking firms in the industry, and we look forward to making it broadly available in Q1 2026.”
Jill Morris, Partner at PM+M and early user of Mimo Associate, adds:
“We're spending upwards of 70% of our fee budget on month-end processes. The proposition of applying AI agents end-to-end is exciting, and opens up opportunities to collaborate with our clients more strategically. Mimo Associate is unlike anything we've seen in the market.”
Despite decades of software innovation, core accounting challenges remain. Information is scattered across tools, client behaviour is fragmented, teams pick up work with little continuity, reviews vary by individual and knowledge resets between cycles, eroding margin and slowing down delivery.
Mimo Associate solves these challenges by ensuring that context is preserved across tools, people and time.
Mimo already supports thousands of SMB and accounting professionals and processes hundreds of millions GBP. The company was founded in 2023 by Henrik Grim (CEO), former General Manager of Europe at Capchase and Investment Manager at Northzone, Alexander Gernandt Segerby (CPO), and Andreas Meisingseth (CTO). It has offices in London and Stockholm.
About Mimo
Mimo is a platform simplifying global payments, cash flow, and financial management for Accountants and SMBs. Founded in 2023 by Henrik Grim (CEO), Alexander Gernandt Segerby (CPO), and Andreas Meisingseth (CTO), the company has raised £15.5M/€18M to date. Mimo has offices in London and Stockholm and employs 30 employees, across these two locations.