Press releaseMontonio, the all-in-one platform for online merchants to accept payments, offer financing and handle the entire post-checkout experience from shipping to returns and refunds, has raised €11 million in a Series A funding round led by Index Ventures. The company has also announced the launch of its offering in Poland, adding to its existing presence in Estonia, Latvia and Lithuania, with plans to add further markets this year. To support this growth, Montonio aims to expand its team across Europe.The company’s previous investors Tera Ventures, ffVC and Superangel participated in the round. Montonio has also been backed by senior Wise, Pipedrive and Bolt executives, including Bolt’s CEO Markus Villig, CPO Jevgeni Kabanov, and Adyen’s former managing director Myles Dawson who is joining the board.Montonio's end-to-end platform enables merchants to seamlessly accept bank payments, and handle a range of ecommerce services, from financing to deliveries and refund management – all of this through a single, self-serve API integration. Without Montonio, sellers are routinely overcharged and forced to deal with a fragmented patchwork of multiple systems, or to rely on solutions which aren’t tailored to their specific market.Markus Lember, CEO and co-founder of Montonio said: “Small to midsize merchants get a raw deal from traditional payments and logistics providers. Often they’re unable to accept local payment methods, are charged a premium for lower volumes, and must piece together many different solutions. This means they face higher costs, and can’t deliver top-quality customer service. We have decided to change that.”