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Funding
Mollie raises EUR 665 million in Series C funding
FinTech Infrastructure
Jun 22, 2021
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FinTech Infrastructure

FinTech Infrastructure

Jun 22, 2021

Mollie raises EUR 665 million in Series C funding

Funding

  • Mollie, an online payment infrastructure provider, raised EUR 665 million (USD 800 million) in Series C funding led by Blackstone Growth, with the participation of EQT Growth, General Atlantic, HMI Capital, Alkeon Capital, and TCV. This round values Mollie at EUR 5.4 billion (USD 6.5 billion) and brings the company’s total funding up to EUR 780 million (USD 936 million).

  • The funds will be used in recruitment, expanding its international presence (in Europe and new regions such as Asia and Latin America), and building complementary services to its payment infrastructure. 

  • Mollie is a Dutch startup offering infrastructure for merchants to integrate one-time and recurring payments with their online channels using Mollie’s application programming interface (API). The platform supports a range of local and international payment methods, including credit cards, PayPal, Klarna, and iDEAL, among others. Unlike payment infrastructure peers Stripe and Adyen, Mollie focuses on providing more localized services and complex compliance checks primarily catering to small and medium-sized businesses (SMBs).

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