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Berlin-based Mondu will use the facility to scale its B2B payments offering and accelerate expansion across Europe. The company, which holds an EMI license and supports both online and offline transactions, simplifies payments to improve customer cash flow and operational efficiency. Mondu has also joined the J.P. Morgan Payments Partner Network, enabling J.P. Morgan’s European corporate clients to access its deferred payment solutions through a referral program.
This debt facility and strategic collaboration are a significant validation of our business model and our vision to simplify the financial lives of businesses. The capital will allow us to accelerate our growth and support more businesses across Europe with our innovative B2B payment solutions. Joining the J.P. Morgan Payments Partner Network will be a great driver of our expansion in Europe, and we look forward to working with their team and customers.
