Mondu

German BNPL startup Mondu offers invoice payment solutions for B2B online transactions. Buyers can split purchases up to EUR 30,000 (approx. USD 32,000) and receive net terms interest free for up to 30 days. Mondu’s core product offerings include B2B commerce (providing BNPL checkout options for platforms, installments and multichannel sales) and B2B marketplace (allows for merchants to split BNPL fees between buyers, add markups, and charge buyers for payment flexibility).These solutions can be integrated into the marketplace using APIs and Ecommerce plugins. Mondu claims that its high approval rates (90%) and risk scoring algorithms powered by Fraugster, make the product unique. The platform’s credit check comprises an intelligent risk management system and fraud prevention capabilities. The company counts customers in the beauty, cleaning, and manufacturing industries. In October 2022, the company expanded into the Netherlands and in February 2023, Mondu announced the launch of MonduSell targeted at B2B merchants. The service allows merchants to offer flexible payment options on additional sales channels, including field sales, email orders, and tele-sales, featuring no setup costs or technical integration requirements.

Key customers and partnerships

Key customers include beauty products manufacturer, Ionto Comed and SaaS B2B company, ChefsList. Overall, the company recorded over a 1,000 merchants having used its platform as of January 2023.

In September 2024, Mondu partnered with Stripe, an API-based payment infrastructure, card-issuing, and fraud prevention platform, to offer flexible invoice payments to B2B merchants and marketplaces. In July 2023, Mondu partnered with Acquired.com , a payments and banking solution provider, to leverage Acquired.com’s partner network to grow its BNPL solution by onboarding merchants and marketplaces across Europe. Partnerships include that with Primer (May 2022) to allow merchants to offer its BNPL solutions at checkout. Previously in April 2022, the company partnered with Raisin Bank to help address regulatory requirements for factoring, alongside the provision of payment and account services. Other partnerships include that with basecom, Y1 and torq.partners.