Mondu, a Berlin-based B2B payment solutions provider, has raised a €100 million debt facility from J.P. Morgan Payments, marking a significant milestone in the company’s growth journey as it expands its operations and presence across Europe. In addition to the financing, Mondu has joined the J.P. Morgan Payments Partner Network, strengthening a strategic collaboration aimed at delivering attractive and flexible payment solutions to corporate clients throughout the region.
Founded to Simplify B2B Payments
Established in 2021 by Malte Huffmann, Philipp Povel, and Gil Danziger, Mondu was created to modernize and simplify business-to-business transactions. The company’s platform supports both online and offline payments, enabling merchants to offer deferred payment methods such as B2B Buy Now, Pay Later (BNPL). These solutions are designed to fit existing business relationships while reducing checkout friction, improving conversion rates, and enhancing liquidity for merchants.
Flexible Payments for Merchants and Buyers
By offering flexible settlement options, Mondu helps businesses streamline money handling processes and improve operational efficiency. Its payment solutions allow buyers more time to pay, while sellers benefit from faster and more predictable cash inflows. This approach addresses growing demand from businesses seeking alternatives to traditional invoicing and rigid payment terms.
Regulatory Advantage Through EMI License
A key differentiator for Mondu is its Electronic Money Institution (EMI) license, which enables seamless operations across all European Union markets. This regulatory status underpins Mondu’s pan-European ambitions and positions the company as a credible, digital-first alternative to traditional B2B payment and credit providers, particularly for businesses looking for faster and more flexible financial solutions.
Scaling With Non-Dilutive Capital
The newly secured €100 million debt facility will primarily support the expansion of Mondu’s deferred payment offerings, cover working capital requirements, and accelerate entry into additional European markets. Access to non-dilutive funding is especially valuable for fintech companies, allowing Mondu to scale rapidly without diluting existing shareholders.
Strategic Value of J.P. Morgan Partnership
Beyond the financing, Mondu’s participation in the J.P. Morgan Payments Partner Network adds a strong strategic dimension to the deal. Through a referral-based model, Mondu will offer its accounts payable and receivable deferred payment solutions to J.P. Morgan Payments’ corporate clients across Europe. The collaboration is intended to give mid-sized and large enterprises easier access to flexible B2B payment tools that can enhance cash flow, support sales growth, and increase efficiency.
Leadership Perspective on the Deal
Commenting on the partnership, Mondu co-CEO Philipp Povel described the agreement as a major validation of the company’s vision and business model. He said the debt facility and collaboration demonstrate confidence in Mondu’s mission to simplify financial operations for businesses. According to Povel, the funding will accelerate growth, while the partner network will be a powerful driver for further expansion in Europe.
Market Tailwinds Supporting Growth
The timing of the deal aligns with strong structural trends in Europe. The B2B e-commerce market is growing rapidly and is expected to reach $1.8 trillion by 2025. As procurement and wholesale transactions continue to digitize, businesses are increasingly demanding payment flexibility comparable to what is standard in consumer commerce.
Rising Demand for B2B BNPL
The European BNPL market is also expanding beyond consumer use into B2B applications. It is projected to grow from $191.3 billion in 2025 to approximately $293.7 billion by 2030, representing a compound annual growth rate of about 9 percent. In an environment marked by inflation, higher interest rates, and economic uncertainty, deferred payment solutions are becoming an important tool for cash flow management.
Shaping the Future of B2B Payments
By combining Mondu’s technology-driven B2B payment platform with J.P. Morgan Payments’ scale, infrastructure, and corporate client base, the partnership is well positioned to meet rising demand for flexible B2B payment solutions. Together, the two companies aim to play a significant role in shaping the future of B2B payments across Europe.