Mondu raises $43mn to expand BNPL offering across Europe

Mondu, a buy now, pay later FinTech based in Berlin, has raised $43mn.

In Brief: 

Mondu offers buy now, pay later to B2B online checkouts. 

Its Series A comes seven months after its $14mn seed round. 

The round included Valar Ventures, FinTech Collective, Cherry Ventures, and Angels from companies including Klarna. 

What does this mean? 

Currently the business is operational in Germany, but the new funding will enable it to expand into new countries with Austria being the first target. 

Read more here.