Mondu raised $14 million in seed funding in a round FinTech Collective and Cherry Ventures.

Mondu, a Berlin, Germany-based startup building a B2B BNPL solution, announced securing a $14 million seed funding round.

The money was raised from investors led by FinTech Collective and Cherry Ventures. Post deal, FinTech Collective will control 13% of mondu's eqquity, and Cherry 8.7%.

Mondu, founded as numi in 2021 by Malte Huffmann and Philipp Povel, is developing a "buy now, pay later" product for companies, aimed at marketplaces and dealers who sell to business services to customers.