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Home Business US investor puts €90m into Mollie

US investor puts €90m into Mollie

The Amsterdam-based payment method business: Mollie, is now the second-best well-funded financial technology company in the whole Netherlands, succeeding a €90m venture by US company TCV, the Financieele Dagblad reported in September.

Mollie now has a net worth of over a billion euros, tapping it into the unicorn class of new businesses together with Adyen, the paper released.

“TCV, which has shares in both Netflix and Airbnb, has booked a marginal pale in Mollie,” founder Adriaan Mol said the FD. The company was formed back in 2015, it now operates as a bridge between webshops, charities, and banks, it processes payments worth around €10bn a year.

The company has only carried in its first foreign investors last year and since then has moved into Germany and France. Mollie intends to use the new investment to interrogate into more countries.

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