diff --git a/account/generator/generator.go b/account/generator/generator.go
index 8df0abba3..aabc0cdf9 100644
--- a/account/generator/generator.go
+++ b/account/generator/generator.go
@@ -100,6 +100,23 @@ func (g *Generator) ImportJSONKey(json string, password string) (IdentifiedAccou
 	return acc.ToIdentifiedAccountInfo(id), nil
 }
 
+func (g *Generator) CreateAccountFromMnemonic(mnemonicPhrase string, bip39Passphrase string) (GeneratedAccountInfo, error) {
+	mnemonic := extkeys.NewMnemonic()
+	masterExtendedKey, err := extkeys.NewMaster(mnemonic.MnemonicSeed(mnemonicPhrase, bip39Passphrase))
+	if err != nil {
+		return GeneratedAccountInfo{}, fmt.Errorf("can not create master extended key: %v", err)
+	}
+
+	acc := &Account{
+		privateKey:  masterExtendedKey.ToECDSA(),
+		extendedKey: masterExtendedKey,
+	}
+
+	id := uuid.NewRandom().String()
+
+	return acc.ToGeneratedAccountInfo(id, mnemonicPhrase), nil
+}
+
 func (g *Generator) ImportMnemonic(mnemonicPhrase string, bip39Passphrase string) (GeneratedAccountInfo, error) {
 	mnemonic := extkeys.NewMnemonic()
 	masterExtendedKey, err := extkeys.NewMaster(mnemonic.MnemonicSeed(mnemonicPhrase, bip39Passphrase))
diff --git a/account/generator/generator_test.go b/account/generator/generator_test.go
index 130614385..d52f92864 100644
--- a/account/generator/generator_test.go
+++ b/account/generator/generator_test.go
@@ -70,6 +70,18 @@ func TestGenerator_ImportPrivateKey(t *testing.T) {
 	assert.Equal(t, testAccount.bip44Address0, info.Address)
 }
 
+func TestGenerator_CreateAccountFromMnemonic(t *testing.T) {
+	g := New(nil)
+	assert.Equal(t, 0, len(g.accounts))
+
+	info, err := g.CreateAccountFromMnemonic(testAccount.mnemonic, testAccount.bip39Passphrase)
+
+	assert.NoError(t, err)
+	assert.Equal(t, 0, len(g.accounts))
+	assert.Equal(t, 36, len(info.ID))
+	assert.Equal(t, 66, len(info.KeyUID))
+}
+
 func TestGenerator_ImportMnemonic(t *testing.T) {
 	g := New(nil)
 	assert.Equal(t, 0, len(g.accounts))
diff --git a/mobile/multiaccount.go b/mobile/multiaccount.go
index aae1bd508..26da01c52 100644
--- a/mobile/multiaccount.go
+++ b/mobile/multiaccount.go
@@ -158,6 +158,30 @@ func MultiAccountImportPrivateKey(paramsJSON string) string {
 	return string(out)
 }
 
+// CreateAccountFromMnemonic returns an account derived from the mnemonic phrase and the Bip39Passphrase without storing it.
+func CreateAccountFromMnemonic(paramsJSON string) string {
+	var p MultiAccountImportMnemonicParams
+
+	if err := json.Unmarshal([]byte(paramsJSON), &p); err != nil {
+		return makeJSONResponse(err)
+	}
+
+	// remove any duplicate whitespaces
+	mnemonicPhraseNoExtraSpaces := strings.Join(strings.Fields(p.MnemonicPhrase), " ")
+
+	resp, err := statusBackend.AccountManager().AccountsGenerator().CreateAccountFromMnemonic(mnemonicPhraseNoExtraSpaces, p.Bip39Passphrase)
+	if err != nil {
+		return makeJSONResponse(err)
+	}
+
+	out, err := json.Marshal(resp)
+	if err != nil {
+		return makeJSONResponse(err)
+	}
+
+	return string(out)
+}
+
 // MultiAccountImportMnemonic imports an account derived from the mnemonic phrase and the Bip39Passphrase storing it.
 func MultiAccountImportMnemonic(paramsJSON string) string {
 	var p MultiAccountImportMnemonicParams