Fintech Unicorn Mollie Achieves Triple-Digit UK Growth and Welcomes New UK Managing Director to Fuel Next Phase

Mollie, one of Europe’s fastest-growing financial service providers, has appointed Dave Smallwood as its UK Managing Director. This appointment comes as the company scales its UK operations following triple-digit year-on-year growth in the first quarter of 2024. A fintech veteran with over two decades of experience at industry giants including American Express, PayPal, and Super Payments, Smallwood will spearhead the unicorn’s ambitious goal to become the UK's leading financial service provider for small and medium-sized businesses (SMBs). Mollie has also significantly invested in the UK, growing the team by over 60%, from 16 to 26 people across London and the UK since 2023. The Dutch unicorn works with Gymshark, Soak&Sleep, Mazda and Wild Cosmetics amongst hundreds of others in the UK, providing industry-leading payment solutions, money management and accessible financing through the Mollie platform. In line with its objective to support British businesses with market-leading solutions, Mollie has introduced a suite of innovative products and services to the UK including:

• Mollie Connect: An advanced solution for SaaS platforms and marketplaces to accept and monetise payments, onboard users, and manage funds.
• Mollie Invoicing: A solution for customers to send invoices directly from the dashboard with a payment link for faster payment.
• Mollie Capital: Providing working capital solutions with minimal paperwork so merchants can secure funds quickly.

Globally, Mollie is a leading financial service provider, supporting more than 250,000 businesses with an all-in-one solution for driving revenue, reducing costs and managing funds. Mollie simplifies payments and money management with one easy platform that offers 35+ global payment methods and pre-built integrations to effortlessly connect to eCommerce platforms, all underpinned by best-in-class customer support available by phone, chat or email. Dave Smallwood, newly-appointed Managing Director of Mollie UK, said: "The UK boasts Europe's largest e-commerce market, yet business owners continue to be underserved in the payments sector due to excessive financial bureaucracy and inadequate support. At Mollie, we're committed to changing this narrative. Our goal is to empower UK businesses with cutting-edge financial tools and unparalleled support, allowing them to focus on what truly matters - serving their customers and growing their businesses in an increasingly digital world."