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YPOG advises Mondu on $43 million financing round


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 – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich. 

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

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