B2B buy now pay later player Mondu raises $43 million
Berlin-based startup Mondu has announced a $43 million Series A round led by PayPal co-founder Peter Thiel’s Valar Ventures. The startup aims to bring buy now pay later (BNPL) to a B2B business model, meaning that companies can access similar flexible payment options to those Klarna offers its consumer customers. The raise, which features participation from Cherry Ventures and Fintech Collective, will be used to scale its solution and expand into new European markets, beginning with Austria in June, according …