Amsterdam-based payment services provider, Mollie, became a unicorn after it raised a whopping €90M in its series B funding round in September 2020. Back then, the company mentioned that it would utilise this capital for accelerating its international expansion plans. Now, the fintech has announced that it is expanding into the UK market to help merchants expand their businesses in Europe.
The expansion plan
With this development, Mollie has enhanced its services for the UK companies who can incorporate various EU payment methods into their e-commerce websites, thereby allowing them to cover new markets. As for the EU customers, they will be able to use their preferred payment methods, even when shopping with a UK retailer.