In brief: Mollie raises €665 million

Dutch PSP Mollie offers online payment solutions to e-retailers. It has just announced a record-breaking €665 million funding round.

The round was led by funds managed by Blackstone Growth (BXG), Blackstone's high-growth investment fund. Other investors include EQT Growth, General Atlantic, HMI Capital, TCV and Alkeon Capital.

Exponential growth

Mollie had indeed managed to raise €25 million in July 2019, then €90 million last September bringing the total amount raised by the company to over €780 million.

Mollie has thus become one of the fastest growing payment service providers (PSPs) in Europe. With the new funds, Mollie plans to expand internationally, hire and fund its R&D.

    KEY FIGURES

        2004: creation
        more than 120,000 active merchants per month
        more than 10 billion euros of transactions recorded in 2020 and already more than 20 billion in 2021
        480 employees and 300 new hires announced
        5.4 billion euros valuation
        one of the 5 most valuable private FinTechs in Europe