Founded by Malte Huffmann and Philipp Povel, previously co-founders of Latin America’s largest online fashion and lifestyle platform Dafiti, Mondu will begin with a “buy-now-pay-later” (BNPL) product for B2B marketplaces and B2B merchants that will offer their customers, mostly SMBs, a seamless and flexible payment method with net terms without the financial and operational burden. The solution ultimately aims at empowering SMBs and allowing them to more strategically approach their finances.