Mollie completes €1.1bn GoCardless swoop
Summary
Mollie completed its €1.1 billion acquisition of GoCardless and combined two major European payments companies. The deal was structured mostly in shares, with the rest paid in cash. Mollie said the combined group will serve more than 350,000 business customers across 30+ markets and offer a broader suite covering payments, accounts, and business financing. GoCardless will keep operating under its own brand while its founder and CEO, Hiroki Takeuchi, continues to lead it under the Mollie group.
AskAI Classifications
Sectors
Fintech, Banking and Payments
Payment Processing
General Fintech
Functions
Developer and IT Infrastructure
Development Platforms
Linked Companies
GoCardless
$100M to $250M
Mollie
$100M to $250M