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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 …

DeFi API startup Conduit raises $17 million from Portage Ventures

Canadian startup Conduit has raised $17 million in a funding round led by Portage Ventures, according to a statement. FinVC, Gemini Frontier Fund, and ex-a16z partner Rex Salisbury also participated in the round.  Conduit creates APIs — a software tool that enables easy access to new services — that it says will allow fintechs, neobanks, and traditional financial institutions to easily integrate high-yield DeFi accounts into their existing product offerings. They say that this will increase access to DeFi and …

B2B fintech Tipalti raises $270 million as it prepares to go public

Payments firm Tipalti has closed a $270 million round led by G Squared, valuing the company at $8.3 billion. The company said its new valuation places it among the top 15 most highly valued privately owned fintechs in the world.  Tipalti, now just a few billion shy of decacorn status, automates the accounts payable process for mid-size, high-growth companies. It uses a localized cloud tool to address pain points from tax compliance, to supplier onboarding, to currency management.  For its …