Mondu has acquired a EUR 100 million debt facility from J.P. Morgan Payments to boost its business-to-business payment services and expand its presence across Europe.

This funding comes after Mondu’s inclusion in the J.P. Morgan Payments Partner Network, which connects the bank’s corporate clients with third-party payment providers. The new arrangement will support Mondu’s deferred payment products used in accounts payable and receivable processes. Through this network, J.P. Morgan Payments’ European corporate clients can now directly access Mondu’s services.

Growing Demand for B2B Payment Solutions

The expansion follows the increasing demand in the business-to-business (B2B) payments sector. According to industry forecasts by Statista, the European B2B e-commerce market is projected to surpass USD 1.8 trillion by 2025. Furthermore, Buy Now, Pay Later arrangements for business customers are anticipated to grow significantly, with estimates suggesting a rise from USD 191.3 billion in 2025 to nearly USD 293.7 billion by 2030.

Officials from J.P. Morgan Payments stated that the collaboration aims to support clients seeking modernized working-capital tools as payment practices evolve. They noted that Mondu’s services contribute to a broader strategy of providing corporate customers with more flexible payment workflows.

The J.P. Morgan Payments Partner Network currently includes over 80 organizations offering various complementary services. By integrating Mondu, the network enhances its offerings, allowing clients to include deferred payment solutions alongside their existing treasury and cash-management tools.