Mondu, the Berlin-based innovator in B2B payments, today announced it has secured a €100 million debt facility from J.P. Morgan Payments to scale their B2B payment solutions and support its expansion across Europe.
This collaboration is aimed at providing J.P. Morgan Payments’ clients with seamless access to Mondu’s flexible payment options, helping them to improve cash flow, increase sales, and streamline their payment processes.
Philipp Povel, co-CEO of Mondu, says: “We are thrilled to be working with a world-class institution like J.P. Morgan Payments. 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.”
In 2025, several European FinTech and B2B-payment startups have secured new funding rounds that help contextualise Mondu’s €100 million debt facility.
Norway’s Two raised €13 million to scale its B2B payments infrastructure, while the UK–Nordic startup Mimo secured €7.7 million to develop its payments platform for SMBs and accountants. Sweden’s Open Payments added €3 million to expand its open-banking-enabled B2B payments and integration tools, and Germany-based Donnerstag.ai raised €4.3 million to grow its AI-driven accounts-receivable management platform. In December, UK FinTech Sokin secured €42.9 million to enhance its global payments and treasury infrastructure.
Altogether, these 2025 equity rounds total roughly €70–75 million. Compared with these early- and growth-stage raises, Mondu’s €100 million debt facility – also notable as another German entrant – represents a larger capital commitment and reflects a more mature financing structure supported by its collaboration with J.P. Morgan Payments.
In addition, Mondu has become part of the J.P. Morgan Payments Partner Network. As part of the network, Mondu has a referral programme to provide its innovative deferred payment solutions for accounts payables and receivables to J.P. Morgan Payments’ network of corporate clients in Europe.
“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,” adds Povel.
Founded in 2021 by entrepreneurs Malte Huffmann, Philipp Povel and Gil Danziger to simplify B2B payment transactions, Mondu is a FinTech focusing on flexibility, convenience, and security, dedicated to enhancing the B2B payment experience both online and offline, supporting businesses in their growth and operational efficiency.
Looking to capitalise on the growth of the B2B e-commerce market, the partnership between Mondu and J.P. Morgan Payments looks to offer businesses the financial flexibility needed to thrive in a digital-first economy.
The B2B e-commerce market is rapidly growing, with the European market alone projected to reach €1.5 trillion ($1.8 trillion) in 2025. With this growth, the demand for modern and flexible payment methods is also surging. The European Buy Now, Pay Later (BNPL) market is forecasted to continue its strong growth, projected to increase from €164.4 billion ($191.3 billion) in 2025 to approximately €252.5 billion ($293.7 billion) by 2030, representing a compound annual growth rate (CAGR) of 9.0%.
Heather Crowley, Global Head of Trade & Working Capital Product, J.P. Morgan Payments, adds: “We’re excited to support Mondu’s growth and to collaborate with them in bringing their innovative B2B payment solutions to our clients. The B2B payments landscape is undergoing significant transformation, and Mondu is leading the way in Europe. Their unique suite of payment solutions and pan-European coverage can help our clients improve working capital management and grow their businesses. We look forward to a successful collaboration.”
Read the orginal article: https://www.eu-startups.com/2025/12/j-p-morgan-payments-provides-e100-million-facility-to-support-mondus-european-expansion-in-b2b-payments/
