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Unquote
  • Expansion

Blackstone leads €665m round for software developer Mollie

  • Eliza Punshi
  • Eliza Punshi
  • 23 June 2021
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Blackstone Growth has led a $800m (€665m) series-C round for Netherlands-based e-payments software firm Mollie at a valuation of $6.5bn (€5.4bn).

EQT Growth, General Atlantic, HMI Capital, Alkeon Capital and TCV also took part in the round, which takes Mollie's total funding to date to more than $940m (€787m).

The company will use the funding to scale up its team, expand globally, and further develop its technology. 

Mollie

  • DEAL:

    Expansion (series-C)

  • VALUE:

    $800m

  • LOCATION:

    Amsterdam

  • SECTOR:

    Software

  • FOUNDED:

    2004

  • STAFF:

    480

Mollie has 480 employees and plans to hire 300 new team members in the next nine months. It is also evaluating additional countries for expansion within Europe and beyond. 

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

In September the following year, Technology Crossover Ventures led a €90m series-B funding round for the company, giving it a valuation of around €1bn.

Company
Launched in 2004 and based in Amsterdam, Mollie offers localised payments and a user-friendly interface for the integration of different payment methods. It serves more than 120,000 customers every month across the Netherlands, Belgium, and Germany. It has 480 employees. 

People
Blackstone Growth - Paul Morrissey (managing director).
Mollie - Shane Happach (CEO).

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