Mondu

Buy Now Pay Later solutions that enable any B2B company to grow quickly and safely.

General Information
Industries
B2B, Financial Services +1
Funding Stage
Debt Financing
Product Stage
Growth Mode
Business Model
B2b
Company Overview
Founded
2021
Employees
122
Location
Berlin, Germany
Website
Mondu - Company Details
Mondu is a B2B payments startup based in Germany that offers Buy Now Pay Later solutions aimed at enabling B2B companies to accelerate their growth in a secure manner. The company provides merchants and marketplaces with a range of B2B payment methods, including purchase on invoice, SEPA direct debit, and Installments, allowing for flexible payment terms across various sales channels. Notably, Mondu aims to mitigate default risk for vendors, streamlining the entire payment process and enhancing the overall customer experience for both buyers and sellers. Since its establishment in 2021, Mondu has secured a total of $90 million in equity and debt financing. This funding has been facilitated by prominent investors including Valar Ventures, Cherry Ventures, the FinTech Collective, and Vereinigte Volksbank Raiffeisenbank eG. The recent investment stands at €30.00M, as of 25 January 2024. As the company continues to disrupt the B2B payments landscape and align it with the modern standards of B2C payments, its innovative solutions and strategic funding partnerships position Mondu as a promising player within the financial services and payments sectors.