Post by Mondu

We’ve secured an Electronic Money Institution (EMI) License from De Nederlandsche Bank! 🎉 We’re the first B2B Buy Now, Pay Later company in Europe to be granted its own license, and this brings us one step closer to achieving our long-term mission of building the leading B2B payment platform for European businesses. This license will accelerate our expansion across Europe while enabling us to evolve even faster, support more customers, and launch complementary payment services like eWallets and Credit Cards. 🌍 Our Co-Ceo and Co-Founder, Philipp Povel, shared, “Mondu is the first B2B Buy Now, Pay Later company in Europe to be granted its own EMI License. This is a key moment for our company and demonstrates the maturity and sophistication of our platform and the processes and capabilities we have established over the past two and a half years.” 🚀 Miyu Lee, our Chief Legal & Compliance Officer, added, “Being granted this license by the highly respected regulator DNB is a great milestone for us. With the ability to passport our EMI license across Europe, it will help us accelerate our geographical expansion.” With the EMI license in place, we will now offer regulated payment services both in the Netherlands and on a cross-border basis into more Mondu markets. 💳 This is a tremendous achievement for the entire Mondu team - a huge thank you to all the Monduneers who led the charge in securing the license! 👏 Read more about our expansion plans in Handelsblatt and Finextra - linked in the comments below👇 #expansion #EMILicense #b2bpayments #fintech #BNPL