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Mollie raises EUR 90 mln in TCV-led Series B funding

Tuesday 8 September 2020 11:00 CET | News

Mollie, a payment service provider in Europe, has announced the closing of EUR 90 million (USD 100 million) in its Series B funding round, taking the total amount raised by the company to EUR 115 million. 

The round was led by TCV, one of the largest growth equity investors focused on technology. Mollie will use the funding to accelerate international expansion and invest in product and engineering.

Launched in 2004, Mollie serves nearly 100,000 merchants across the continent, expecting to process well over 10 billion Euro transaction volume this year and doubling year-on-year. In the last year in Germany alone, processing volumes grew by 1000%.

Mollie counts Wickey, TOMS® and UNICEF as customers.


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Keywords: Mollie, TCV, funding, payments
Categories: Payments & Commerce | Online Payments
Countries: Netherlands
This article is part of category

Payments & Commerce