Mondu is a B2B payment solutions company that aims to revolutionize the B2B payments ecosystem. With a focus on enabling B2B companies to experience rapid and secure growth, Mondu offers a range of payment solutions. These solutions include the most popular B2B payment methods with flexible payment terms across various sales channels. Their Buy Now, Pay Later offerings feature purchase on invoice, SEPA direct debit, and Installments. Moreover, Mondu provides protection from default risk and eliminates the hassle of collections and dunning for vendors.
Founded in 2021, Mondu has secured a substantial $90 million in equity and debt financing, attracting support from prominent investors such as Valar Ventures, Cherry Ventures, the FinTech Collective, and German bank VVRB. Their headquarters is based in The Netherlands.
The company's approach to align B2B payments with the standard of B2C payments focuses on enhancing the customer experience for both sellers and buyers. By placing customers at the heart of the payment flow, Mondu ensures a seamless, modern, and state-of-the-art experience.
In January 25, 2024, Mondu announced a €30.00M Debt Financing investment from Vereinigte Volksbank Raiffeisenbank. The company's dedication to transforming the B2B payments landscape signals promising prospects for its future success and growth.