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YPOG advises Mondu on $43 million financing round

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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 stands for You + Partners of Gamechangers. As a leading law and tax firm, YPOG supports founders, investors, companies and funds in Germany and internationally in bringing visionary ideas to life in the tech ecosystem and dynamic future markets.
YPOG advises on the structuring of venture capital and private equity funds, financing rounds and complex transactions, as well as on regulatory and tax matters relating to digital assets and financial innovation. As a strategic partner, YPOG develops practical solutions of the highest legal standard. 
The firm combines legal and tax expertise with legal tech, digital workflows and AI-based systems to provide efficient and scalable advice.
YPOG and its professionals are regularly recognised by JUVE, Chambers and Partners, The Legal 500, Best Lawyers and Leaders League. More than 380 lawyers, tax advisers, tax specialists, one notary and business professionals work for YPOG across its offices in Berlin, Cologne, Hamburg and Munich. 

Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog

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