Mollie closes GoCardless acquisition and forms a group with over 350,000 business customers - Demócrata
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Mollie, a European provider of payment services and financial solutions, has finalized the acquisition of GoCardless, a company specializing in bank payments. With this operation, the new group benefits from the trust of over 350,000 businesses across more than 30 markets, according to details provided by GoCardless in a statement.After the integration, the group's management will be led by Koen Köppen, current CEO of Mollie. GoCardless will continue to operate under its own identity under the brand "GoCardless, a Mollie company," led by its co-founder Hiroki Takeuchi. With this structure, the group aims to preserve the strategic importance of the GoCardless brand and its "Pay by Bank" account-to-account payment technology within the new organization.The operation allows Mollie to strengthen and expand its offering for businesses, bringing together on a single platform financial services that previously could be dispersed among different providers, such as card payments, direct debits, bank accounts, and financing for businesses. The joint offering combines Mollie's card payment solutions and local payment methods with GoCardless's "Pay by Bank" platform, operational in 38 countries. The goal is for businesses to be able to collect payments, manage their cash flow, and access financing through a single provider."This is much more than the union of two companies. It expands...
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