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Montonio raises €11m in Series A funding

Estonia based e-commerce payments and post-checkout experience company raised €11m in Series A funding led by Index Ventures.

“Small to midsize merchants get a raw deal from traditional payments and logistics providers. Often they’re unable to accept local payment methods, are charged a premium for lower volumes, and must piece together many different solutions. Montonio addresses a really important but underserved piece of the e-commerce infrastructure – handling everything that happens from payment onwards.”

Tags

orchestration, payments, marketplaces, ecommerce