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New Deal


Announced

Completed

Valar Ventures led a $43m Series A funding round in Mondu.

Financials

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Transaction Value£34m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Germany

B2B payments

Minority

Friendly

Financial Data and Systems

Venture Capital

Single Bidder

Acquisition

Private Equity

Completed

Private

Cross Border

Synopsis

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Valar Ventures, a venture capital fund, led a $43m Series A funding round in Mondu, a B2B payment fintech company, with participation from Cherry Ventures, FinTech Collective, and tech entrepreneurs and senior executives from Klarna, Zalando, and SumUp. “The B2B e-commerce market is larger than B2C but is underserved by current offerings, and supply chain financing is a growing need, particularly for SMBs. Online transactions with financing options are limited. Mondu fixes all of these problems with its solution – it’s a game changer,” Andrew McCormack, Valar Ventures founding partner.

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