Yesterday we announced our Seed round of funding of $7.8M, led by Base10, with participation from FJ Labs and a number of notable fintech angels.
I first want to thank the team, whose hard work and dedication paved the way for this investment. A year ago, Mundi was little more than an idea. We had no product, clients, or revenue. But we did have the determination to empower companies to trade globally.
In the last year, we launched our first product, and grew the team to 33 people. Our culture and drive toward this mission sets the foundation for how we’ll continue to develop in the next decade. I couldn’t be prouder of the team we’ve built and I’m truly humbled by each person who has decided to invest their time and energy into making Mundi into a reality.
While the round is an important recognition of what we’ve done so far, this is only the beginning. We recently expanded the offering for our financing product, initially launched for Mexico-US trade routes, to be available for exports from Mexico to all corners of the world, ranging from Italy to Korea. And we’re also building new product lines that will allow more companies to mitigate financial risks inherent to international trade, such as currency exposure and non-payment risk, allowing them to focus on what they do best.
We are growing and are constantly looking for talented people in technology and finance who can help us reach our vision of trade with no borders. If you are interested, shoot us a note at people@mundi.io it’s a fun time to join this adventure!
Onwards,