Mollie to invest €350 million in European growth following completion of EEA expansion

Amsterdam-based payments company Mollie has been active in all countries of the European Economic Area since 18 June 2026. With its launch in Croatia and Iceland, Mollie completes an expansion it has been working on over the past several years. At the same time, the company has announced it will invest €350 million over the next five years in further growth within the EU.

Where the investment is going

The €350 million will be deployed over five years across four main areas: product development, services, technical infrastructure, and hiring staff within the EEA. Concretely, Mollie plans to open a new hub in Lisbon and expand existing teams in Milan, Stockholm and Warsaw. The company currently operates twelve offices across Europe, from Amsterdam to Warsaw, and employs staff from more than fifty nationalities.

The focus is on markets outside the Netherlands and the UK, where Mollie has already established a strong position. The company's approach includes support in the local language, access to regional payment methods, and local onboarding processes. Mollie now intends to replicate that model in the countries where it has only recently become active.

Financial position

Mollie has raised a total of $940 million in external funding across three rounds. The most recent was a Series C round of $800 million in June 2021, which included Blackstone among its participants. The company counts ten institutional investors.

Financial results over the past years show steady growth. In fiscal year 2025, net profit before interest rose 29 percent to €147 million. In 2024, gross profit grew 30 percent to €115 million, while revenue increased 28 percent to €214 million. The new €350 million investment will be funded from the company's own resources and existing capital sources, though Mollie has not specified the exact breakdown.

GoCardless acquisition and joining Wero

Alongside its organic expansion, Mollie is working on an acquisition of UK payments company GoCardless, which specialises in direct debit payments via direct bank connections. That deal is intended to strengthen Mollie's position in the UK market, a market that falls outside the EEA strategy but remains a core market for the company.

In the area of European payments infrastructure, Mollie is joining the European Payments Initiative (EPI). The company will implement Wero, the account-to-account payment network that EPI is developing as an alternative to international card networks. The timeline for that implementation has not yet been announced.

Mollie Capital as a separate growth track

In addition to its payments infrastructure, Mollie also operates through Mollie Capital, an arm that provides financing to European businesses. To date, more than €250 million has been disbursed to customers through that division. This positions Mollie not only as a payment processor, but also as a financing partner for the businesses that process transactions through its platform.

Context: consolidation in the European payments market

Mollie's announcement comes at a time when the European payments market is in flux. Major international players such as Stripe and Adyen already operate in virtually all EEA countries, while domestic providers are under pressure from economies of scale. With its hyper-local approach, Mollie is pursuing a different positioning from its largest competitors, with an emphasis on accessibility for SMEs and local integrations.

With full EEA coverage and the announced investment, the company aims to build on that position in the years ahead. Whether the strategy proves sufficiently differentiated from established players remains to be seen.