Berlin – A YPOG Team led by Benjamin Ullrich comprehensively advised buy-now-pay-later FinTech Mondu on its latest financing round. The equity financing has a total volume of $43 million and was led by Peter Thiel’s Valar Ventures with participation of existing investors Cherry Ventures, Fintech Collective and various business angels. In total Mondu has raised $57 million since its incorporation in August 2021 and was advised comprehensively by YPOG on all financing matters.
The fresh money is intended for the company's expansion into the European market. According to Mondu, the Austrian market will be entered in a timely manner.
Advisors Mondu:
Dr. Benjamin Ullrich (Co-Lead, Corporate/Transactions), Partner
Christiane Schnitzler (Corporate/Transactions), Associate
About Mondu
Mondu is a Berlin-based Fintech company in the B2B payments space whose purpose is to simplify the financial lives of SMBs so that they can focus on business. Mondu is starting with a Buy Now, Pay later for B2B solution.
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About us
YPOG is a law firm specialized in tax and business law, active in the core fields of Funds, Tax, Banking + Finance, and Transactions. The team at YPOG represents a broad client base, which ranges from emerging technology companies and family-run SMEs to large corporations, as well as private equity, and venture capital funds. YPOG is one of the leading advisors for venture capital, private equity, and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus, Chambers and Partners as well as Leaders League. Today, YPOG has more than 120 experienced lawyers and tax specialists and a notary, in three offices, located in Berlin, Hamburg, and Cologne.
