TCV leads €90m series-B for Mollie

The round brings the total funding raised by the company to €115m and gives Mollie a valuation of around €1bn, according to press reports.

The company intends to use the fresh capital to further boost its expansion and broaden its product offering, adding new services adjacent to payments, such as point-of-sale payments, card issuing, bank issuing and other banking products.

Previous funding
Mollie raised €25m in a series-A round in July 2019, from an undisclosed group of entrepreneurs.

Company
Established in 2009 and based in Amsterdam, Mollie offers localised payments and a user-friendly interface for the integration of different payments methods.

The company has a customer base composed of around 100,000 merchants across the Netherlands, Belgium and Germany. They include international companies such as Wickey, Deliveroo, Toms and Unicef.

People
TCV Capital – John Doran (partner); Muz Ashraf (principal).
Mollie – Adriaan Mol (founder, CEO).

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