- Dutch paytech firm Mollie receives a UK payment institution license from the FCA.
- Mollie plans to operate as a dual-licensed financial services group, expanding into multiple markets.
- They aim to provide “fully integrated business financing services and additional payment solutions” for UK clients.
- Mollie offers payment solutions that integrate with e-commerce platforms, enhancing local payment acceptance.
- They partnered with open banking fintech Plaid to streamline onboarding for new merchant clients.
- Mollie raised $800 million in a Series C funding round led by Blackstone Growth (BXG) in June 2021.
- CEO Koen Köppen sees this licensing as a significant milestone, opening new avenues for growth and collaboration in the dynamic UK market.