Back to Previous

FinTech unicorn Mollie Achieves Triple-Digit UK Growth and Appoints New UK Managing Director

Mollie, one of Europe’s fintech unicorns, has named Dave Smallwood as its new UK Managing Director as the company continues to scale its UK operations following a triple-digit year-on-year growth in the first quarter of 2024.

Smallwood, a seasoned fintech executive with over 20 years of experience at companies like American Express, PayPal, and Super Payments, will lead Mollie’s ambitious plan to become the UK’s top financial service provider for small and medium-sized businesses (SMBs).

To support its rapid growth, Mollie has significantly increased its UK workforce, expanding from 16 to 26 employees since 2023. The Dutch unicorn partners with major brands such as Gymshark, Soak&Sleep, Mazda, and Wild Cosmetics, offering cutting-edge payment solutions, money management, and accessible financing through its platform.

As part of its mission to provide UK businesses with market-leading solutions, Mollie has launched several innovative products and services, including:

  • Mollie Connect: A comprehensive tool for SaaS platforms and marketplaces that enables seamless payment acceptance, user onboarding, and fund management.
  • Mollie Invoicing: A feature that allows businesses to send invoices directly from their dashboard with integrated payment links, speeding up the payment process.
  • Mollie Capital: A working capital solution that provides quick access to funds with minimal paperwork, helping businesses stay financially agile.

Globally, Mollie supports over 250,000 businesses with a one-stop solution for enhancing revenue, cutting costs, and managing funds. The platform simplifies financial operations by offering over 35 global payment methods and pre-built integrations with popular eCommerce platforms, backed by top-tier customer support available via phone, chat, or email.

Dave Smallwood, the new UK Managing Director, highlighted Mollie’s commitment to addressing the challenges faced by UK businesses: “The UK has Europe’s largest e-commerce market, yet many business owners struggle with excessive financial bureaucracy and inadequate support in the payments sector.

Mollie is here to change that. We aim to empower UK businesses with advanced financial tools and unmatched support, allowing them to focus on what matters most—delivering excellent service and growing their businesses in an increasingly digital landscape.”