Mondu is boosting its B2B, BNPL flexible payment options across Europe through a partnership with Dutch firm Payin3 and French payments company Lemonway.

The partnership will see the B2B payments and Buy Now, Pay Later (BNPL) company integrating a pay-in-3 option and working with multiple payment service providers (PSPs) to improve flexibility and security for European business buyers and provide a seamless experience during online transactions.

Payin3 is a Dutch-based company focused on B2B and B2C marketplaces, providing a range of payment solutions, including pay-in-3 option, a service that allows customers to split their purchase into three equal instalments, typically without any additional fees or interest.

Mondu’s integration with the firm will enable merchants in the Netherlands to offer flexible payment options to their business buyers via various PSPs.

Lemonway is a pan-European payment institution which provides a modular payment solution for marketplaces and crowdfunding platforms.

The partnership comes after Mondu was issued an EMI license in July 2024 which allows it to offer regulated payment services across Europe, broadening its service offering in the region.

The company also recently announced strategic collaborations including with global credit insurer Atradius to boost the integration of BNPL options into their European e-commerce channels.

The firm said the move comes as the industry continues to shift towards more consumer-like B2B payments, with big firms such as Mastercard recently announcing its new programme to accelerate the adoption of embedded virtual card number (VCN) technology in commercial payments.

Last Tuesday, Mastercard said that banks using its embedded VCN technology can enable platform partners that have signed up to the initiative to offer “consumer-like experiences” in commercial payments.

Malte Huffmann, co-founder and co-chief executive officer of Mondu, commented on the partnership with Payin3: “Our integration with Payin3 is part of our commitment to providing merchants and their business buyers with enhanced payment flexibility, which is crucial for scaling their operations effectively.” 

The firm cited internal research claiming that B2B marketplaces currently represent the fastest-growing B2B digital sales channel, estimated at more than €338 billion in 2024, with the number of B2B marketplaces growing from around 20 in 2010 to over 300 in 2024.

“Companies adopting the B2B marketplace model are thriving, while those relying on outdated models risk being left behind,” the company said.

---