Germany-based B2B BNPL payment provider Mondu BV has announced that it obtained an Electronic Money Institution (EMI) licence from De Nederlandsche Bank (DNB).
By securing the EMI licence in the Netherlands, Mondu is set to accelerate its expansion across Europe, whilst advancing faster, supporting more customers, and launching complementary payment services, including e-wallets and credit cards. While Mondu’s Dutch entity was integrated in 2022 and initially was responsible for serving B2B merchants and marketplaces located in the region, the current news allows the firm to provide regulated payment services both in the Netherlands and on a cross-border basis into all Mondu markets, excluding the UK.
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