Netherlands · Payments & e-money
Mondu Financial Services B.V.
Mondu Financial Services B.V. is a Dutch private limited company based in Amsterdam. De Nederlandsche Bank (DNB) authorises it as an electronic money institution under relation number R193672, effective 31 July 2024. Its LEI record names Mondu GmbH of Berlin as its direct and ultimate parent. It provides the Mondu group's business-to-business buy now, pay later services to merchants and business buyers in the EEA and Switzerland. It also offers the MonduCard business credit card.
Licences and registrations
Held by Mondu Financial Services B.V. (LEI 724500BNXU3UI6QDZS55). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterThe Netherlands Bank | Electronic money institutionE-Money / Stored Value Institution | R193672 | Netherlands | Active | 2024-08-09 | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
Mondu GmbH
Firm type
Lending or buy now, pay later
Trades as Mondu
- Ownership
- According to the firm's LEI record, Mondu GmbH of Berlin is its direct and ultimate parent. The group is backed by venture investors including Valar Ventures, Cherry Ventures and FinTech Collective.
- Direct parent
- Mondu GmbH ↗, Germany
- Head office
- Herengracht 168, 1016 BP Amsterdam, Netherlands
- Company register
- KvK (Kamer van Koophandel) 86653938
- Incorporated
- 2022
- Founders
- Malte Huffmann · Philipp Povel · Gil Danziger
Online
- Websites & references
- mondu.ai ↗
docs.mondu.ai ↗ developer and API documentation
portal.mondu.ai ↗ merchant portal
business.mondu.ai ↗ buyer portal - Official social accounts
- LinkedIn ↗ · YouTube ↗
Sources · 11 pages consulted
- dnb.nl/en/public-register/information-detail/?registerCode=WFTEG&relationNumber=R193672
- mondu.ai/imprint/
- mondu.ai/
- mondu.ai/security/
- mondu.ai/about/
- mondu.ai/monducard/
- mondu.ai/press/
- mondu.ai/wp-content/uploads/2025/12/EN_JPM-financing-and-collaboration-PR-.pdf
- mondu.ai/payment-agreement-eu/
- finextra.com/pressarticle/101806/mondu-secures-emi-licence
- siliconcanals.com/mondu-secures-emi-license/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
DNB authorises the firm as an electronic money institution under the Dutch Financial Supervision Act (Wft). The authorisation covers payment services including card acquiring, issuing of payment instruments and payment initiation. The DNB register shows cross-border service notifications to at least 28 other EEA states, from 1 September 2024 and 1 May 2025.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| De Nederlandsche Bank (DNB) Netherlands | Elektronischgeldinstelling (electronic money institution), authorisation under Wft 2:10a (PSD2) | R193672 | In its own name | Active | dnb.nl ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe DNB register names Stichting Custodian Mondu Financial Services as the firm's escrow foundation for third-party funds, supervised by DNB in that capacity.
- Safeguarding bank
- Stichting Custodian Mondu Financial Services Netherlands
- Payment schemes and card networks
- Visa Access not stated mondu.ai ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It offers invoice payment terms of 30 to 90 days, instalments of 3 to 12 months, a digital trade account and A2A (account-to-account) Pay Now payments to business buyers of merchants and marketplaces. It also offers MonduFlex supplier payments and the MonduCard business credit card, which is available to businesses in Germany and the Netherlands.
It serves business customers in the Netherlands and, under its passported DNB licence, in other EEA states. Its merchant terms also cover merchants based in Switzerland.
- Sells to
- Small businesses · Enterprises · Platforms and marketplaces
- Serves customers in 30 countries
- Netherlands · Germany · Austria · Belgium · France · Italy · Spain · Portugal · Ireland · Luxembourg · Bulgaria · Cyprus · Denmark · Estonia · Finland · Greece · Hungary · Iceland · Croatia · Latvia · Lithuania · Malta · Norway · Poland · Romania · Slovenia · Slovakia · Czechia · Sweden · Switzerland
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Eric Weijman Legal representative (managing director) of Mondu Financial Services B.V.; Chief Risk Officer, Mondu group
- Chief executive
- Philipp Povel Co-CEO and Co-Founder, Mondu group (Mondu GmbH)
- Chief executive
- Malte Huffmann Co-CEO and Co-Founder, Mondu group (Mondu GmbH)
- Chief financial officer
- Quiron Cunha Chief Financial Officer, Mondu group
- Executive
- Miyu Lee Chief Legal Officer, Mondu group
Recent events
Researched 29 Sep 2026 · Sources
-
Funding
J.P. Morgan Payments provided the Mondu group with a EUR 100 million debt facility and admitted it to its Payments Partner Network.
mondu.ai ↗ -
Other
The Mondu group launched Pay Now, an account-to-account instant payment product for business buyers.
mondu.ai ↗ -
Licence
The firm began cross-border services under its DNB licence in a further 20 or more EEA states, according to the DNB register.
dnb.nl ↗ -
Licence
The firm began cross-border services in Germany, France, Austria, Belgium, Italy, Spain and other EEA states, according to the DNB register.
dnb.nl ↗ -
Licence
DNB authorised the firm as an electronic money institution, effective 31 July 2024. The group announced the licence on 7 August 2024.
dnb.nl ↗ -
Funding
Vereinigte Volksbank Raiffeisenbank provided the Mondu group with a further EUR 30 million in debt financing.
mondu.ai ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · EBA-PSD2
- R193672
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Matched by Elucidate to GLEIF on name, country and address
- Elucidate firm ID
- 97a7c63597c0
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- E-Money / Stored Value Institution
- Activities
- Payment services
- Card acquiring
- Payment initiation
- E-money / stored value
- Licensed in
- Netherlands · Europe & Central Asia
- First registered
- 2024-08-09
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Mondu GmbH · Germany894500SX5K6MVRASFQ70 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- Herengracht 168, AMSTERDAM, 1016BP
- Country
- Netherlands
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in one address line
<FinInstnId>
<LEI>724500BNXU3UI6QDZS55</LEI>
<Nm>Mondu Financial Services B.V.</Nm>
<PstlAdr>
<PstCd>1016BP</PstCd>
<TwnNm>AMSTERDAM</TwnNm>
<Ctry>NL</Ctry>
<AdrLine>Herengracht 168</AdrLine>
</PstlAdr>
</FinInstnId>CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- EBA PSD2 Register—European Banking Authority (EBA) · source ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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