Mundi

What Mundi does

Mundi Trade, Inc. is a digital trade finance platform founded in 2020 that provides working capital solutions to small and medium-sized Mexican exporting companies. The company operates through a fully self-service web platform (mundi.io) and offers three integrated products: Adelanto de Facturas (invoice factoring), Anticipo de Órdenes de Compra (purchase order advances), and Líneas Revolventes (revolving credit lines). These products are designed to convert receivables and orders into immediate liquidity without increasing the customer's debt burden or financial leverage. Mundi serves 500+ exporting businesses in Mexico and reports facilitating transactions to 60+ countries with more than $1 billion in cumulative financing facilitated since inception. The platform integrates with Airwallex for virtual account and cross-border payment services.

The business model is usage-based — customers pay only for the capital received while using it, with no opening or maintenance fees, a structure Mundi brands as 'Paga por lo que usas.' Revenue is generated through interest and fees on funded capital, supported by an underwriting process that leverages CFDI (Mexican electronic invoice) data to assess thin-file SME exporters. Distribution combines a digital-first self-service flow with a Mexico-based local support team reachable via WhatsApp, phone, and email. The company is incorporated in the United States as Mundi Trade, Inc. and is governed by New York law, while its operational footprint and customer base are concentrated in Mexico. Mundi maintains an anti-bribery program aligned with ISO 37001:2016 and discloses a privacy framework covering Mexican LFPDPPP and US FTC Act requirements.

Mundi has raised approximately $38.8 million in disclosed equity across seed and follow-on rounds (2021-2025), led by Base10 Partners, Union Square Ventures, and Haymaker Ventures, with participation from EXOR Ventures, Monex, Asymmetric Capital Partners, Base10, GMO VenturePartners, FJ Labs, and others. In 2021 it also secured a $100 million debt facility from Silicon Valley Bank to capitalize its lending book. The company employs 51-100 people and is led by founders Martin Pustilnick (CEO), Paulina Aguilar Vela (Country Director), Juan Carlos Christensen (CTO), and Sebastian Kontarovsky (Head of Operations).

Name

Mundi

Legal name

Mundi Trade, Inc.

Website

https://mundi.io

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

Mundi Trade, Inc. is a digital trade finance platform that provides invoice factoring, purchase order financing, and revolving credit lines to over 500 small and medium-sized Mexican exporting companies, facilitating cross-border trade to 60+ countries via a usage-based, digital-first model.

Ownership category

akta.pro rank

Product category

Trade Finance

NAICS

Sales Financing (52222), Nondepository Credit Intermediation (5222)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SME Lending Platforms & Embedded SME Credit (FSAKAGAJ)

akta.pro secondary industry

Supply Chain Finance (Trade Credit, PO/Inventory Financing) (FSAKAGAE)

Keywords

• Trade finance services
• Invoice factoring
• Purchase order financing
• Export financing
• SME lending

Headquarters

HQ city

Nueva York

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Trade Finance Services: Mundi provides factoring, purchase order financing, and revolving credit lines to Mexican exporting companies. Revenue is generated through interest/fees on the capital provided to customers. The company explicitly states 'Paga por lo que usas' (Pay for what you use) with no hidden costs - customers only pay for the capital they receive while using it.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Mundi is a digital trade finance platform that provides Mexican exporting SMEs with three core financing products: invoice factoring (Adelanto de Facturas), purchase order advances (Anticipo de Órdenes de Compra), and revolving credit lines (Líneas Revolventes). The platform converts receivables and orders into working capital, is accessible 24/7 online, and uses a usage-based pricing model with no opening or maintenance fees.

Product overview

Mundi operates as a trade finance platform offering a unified suite of three integrated financing products for Mexican exporting companies. The core offering consists of Adelanto de Facturas (invoice factoring), Anticipo de Órdenes de Compra (purchase order advances), and Líneas Revolventes (revolving credit lines), all designed to provide flexible liquidity solutions without increasing debt. The platform is accessed digitally and charges only for the capital used.

Differentiator

Problem solved

Functional benefit

Products and services

• Adelanto de Facturas (Invoice Factoring / Factoraje)

Quantifiable outcome

• Customers grow their businesses an average of 30% in the first 6 months using Mundi's financing services

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Kapital: Mexico-based B2B fintech offering working capital, credit lines, and treasury tools to SMEs; overlaps directly with Mundi on revolving credit and growth financing for small businesses.
• Resolve: B2B trade finance platform providing invoice factoring and supply chain financing; directly comparable to Mundi on factoring and PO-based working capital products.
• Trevi: Trade finance platform focused on Latin American exporters and importers; competes with Mundi on invoice financing and cross-border SME credit.
• Konfío: Mexican fintech providing unsecured loans and working capital lines to SMEs; competes head-on with Mundi in Mexican SMB lending and is the most direct comparable by target customer and product type.
• Jeeves: LatAm B2B payments and credit platform serving SMEs across Mexico, Colombia, and Brazil with corporate cards and credit lines; comparable on cross-border SMB working capital financing.
• Higo: LatAm B2B payments and embedded financing platform; comparable to Mundi in offering working capital solutions to exporting and growth-stage SMEs in the region.

Broad incumbents

• Kueski: One of Mexico's largest fintechs, offering BNPL and consumer credit; broader incumbent that touches adjacent SMB liquidity needs but is more consumer-focused than Mundi.
• Stori: Mexican credit card fintech targeting mass-market and underbanked customers; broader incumbent in Mexican digital credit with overlapping SMB customer base.
• Mercado Pago: Payments and credit arm of Mercado Libre with massive distribution in Mexico; broad incumbent offering merchant credit, working capital, and POS financing to Mexican SMBs.

Others

• Airwallex: Mundi's payments infrastructure partner providing virtual accounts and cross-border payment rails; adjacent enabler rather than a competitor, but relevant as a peer for the cross-border SME finance stack.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/munditrade

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds8 records

Investors21 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mundi