How much did Mondu raise?

Mondu raised $43 Million in a Series A round on May 30, 2022.

Who are the decision-makers at Mondu?

Fundz holds 2 contacts at Mondu, including the Chief Financial Officer. Names and contact details are shown to Fundz members.

Berlin-Based B2B Bnpl Platform Mondu Raises $43M Series A Led By Valar In The Us

PRIVATEMay 30, 2022

Amount Raised

$43 Million

Round Type

Series A

OtherFinancial ServicesSoftwareAdministrative Services

Description

Given the likely global recession, small businesses are reaching for new kinds of financing. Thus, the Buy Now Pay Later business model is now expanding into this B2B world at a rate of knots. Playter has raised backing to do this, as has Hokodo, Billie and Tranch, to name a few other players. But in Germany, B2B Payments company Mondu has emerged as a significant entrant to the market.

Quick answer

Mondu raised $43 Million in a Series A round, dated May 30, 2022.

How much did Mondu raise?: Mondu raised $43 Million in a Series A round on May 30, 2022.
What does Mondu do?: At Mondu, we are changing the B2B payments ecosystem by providing payment solutions that enable any B2B company to grow quickly and safely.
Who are the decision-makers at Mondu?: Fundz holds 2 contacts at Mondu, including the Chief Financial Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who to call at Mondu, and when

A new round usually means Mondu is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Mondu

About

At Mondu, we are changing the B2B payments ecosystem by providing payment solutions that enable any B2B company to grow quickly and safely. We enable merchants and marketplaces to offer their business customers the most popular B2B payment methods with flexible payment terms on every sales channel - online, in tele-sales or field sales. Our Buy Now, Pay Later solutions include purchase on invoice, SEPA direct debit, and Installments. Vendors who work with Mondu are protected from default risk and save the hassle of collections and dunning. Mondu brings B2B payments up to par with B2C payments, putting customers at the heart of the payment flow and ensuring they have a seamless, modern, and state-of-the-art experience - whether they are sellers or buyers. Founded in 2021, we’ve raised $90 million in equity and debt financing to-date, backed by leading investors Valar Ventures, Cherry Ventures, the FinTech Collective, and German bank VVRB.

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Related People

2 contacts

Verified contactsQuiron C., Chief Financial Officer hiddenSee plans and pricing

Predictive Intelligence

Strategic

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Funding Insights

What this usually means

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

Mondu raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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