Mondu

What is Mondu?

Mondu is a B2B payments platform that lets sellers offer buyers pay later options such as invoice terms and installments. It is operated by Mondu Financial Services B.V., an electronic money institution supervised by De Nederlandsche Bank, and the vendor reports ISO 27001 certification.

Key features of Mondu

• Invoice payment: 30 to 90 day payment terms.
• Installments: 3, 6 or 12 month installment plans.
• Digital Trade Account: a consolidated statement for buyers.
• Pay Now: instant account to account bank payments.
• Credit and fraud checks: real time checks with approval for baskets up to 1 million euros.
• Collections: dunning, collections, reconciliation and payout netting.
• MonduFlex and MonduCard: extend supplier invoice due dates by up to 60 days, and a business card with up to 45 days terms.

How Mondu works

The seller adds Mondu at checkout, Mondu runs a real time credit and fraud check, and the buyer chooses invoice or installment terms. Mondu pays the seller and handles collection from the buyer.

Who uses Mondu?

Mondu serves B2B sellers and buyers in more than 30 European countries and says it has 300,000 or more sellers and buyers.

Mondu pricing

Mondu does not publish fees or subscription pricing; the page says dunning fees follow legally prescribed amounts and are paid by the customer. Book a demo for pricing.

Mondu integrations

Mondu names Shopify, Stripe and J.P. Morgan's Payments Partner Network, a custom API with documentation, and ERP, CRM and banking layer connections.

Mondu alternatives

Billie is a German B2B buy now pay later provider with a similar model. Klarna for Business offers pay later for business buyers. Stripe and Adyen are payment processors that can be combined with a pay later provider. Mondu differs by focusing only on B2B terms.