Enhancements added to Mondu's B2B payments system, featuring the introduction of the 'Pay Now' product
Mondu, a leading fintech company specialising in B2B payments, has launched a new product called Pay Now. This innovative account-to-account (A2A) instant payment solution is designed to streamline B2B e-commerce transactions.
Pay Now allows buyers to pay directly from their bank accounts, providing a secure and streamlined checkout experience. This latest addition to Mondu's BNPL suite, which includes invoice payments, instalments, and digital trade accounts, is set to revolutionise the way businesses conduct their online transactions.
In just three years, Mondu has established itself as a prominent player in the European B2B payments industry, working with leading retailers and marketplaces such as Notebooksbilliger, WirMachenDruck, GGM Gastro, Enpal, Autodoc, Solago, and Qogita.
The European B2B Buy Now, Pay Later (BNPL) market is projected to grow at a compound annual growth rate (CAGR) of about 9.0% from 2025 to 2030, reaching a market value of approximately USD 293.7 billion by 2030. The market's estimated value in 2025 is around USD 191.3 billion.
Germany, a significant player within the European BNPL market, is expected to grow at around 8.3% CAGR between 2025 and 2030, reaching about USD 103.44 billion by 2030 from about USD 62.27 billion in 2024.
Malte Huffmann, co-chief executive officer of Mondu, has expressed interest from existing customers in Pay Now. This rapid growth in the European B2B e-commerce market highlights the increasing demand for more flexible and streamlined payment solutions.
With Pay Now, merchants can serve all buyers, whether they are eligible for deferred payments or not. This means merchants can focus on their business, as Mondu handles risk and fraud checks, provides payment confirmation, and manages all buyer communication. Additionally, Pay Now eliminates the need for a separate A2A payment provider for merchants and simplifies reconciliation.
The growth of the European B2B BNPL market and the increasing popularity of digital B2B payments underscore the importance of solutions like Pay Now. As the European B2B e-commerce market is projected to reach $2.2 trillion by 2027, Mondu's Pay Now product is poised to play a significant role in shaping the future of B2B payments.
Fintech company Mondu's new product, Pay Now, leverages technology to streamline B2B e-commerce transactions by allowing secure data-backed account-to-account payments within its finance suite. The European B2B BNPL market, including Germany, is projected to significantly grow, indicating a rising demand for flexible and streamlined payment solutions like Pay Now, thus underscoring the importance of such fintech innovations in shaping the future of B2B finance.
