Mollie, a Dutch financial services provider, has agreed to acquire UK-based bank payment company GoCardless.
The combined entity will serve more than 350,000 businesses across Europe, offering card payments, local methods, and bank payments through a single platform.
The deal is expected to close by mid-2026.
The acquisition aims to address challenges faced by businesses with recurring revenue models or those expanding internationally.
Fragmented payment infrastructure can increase costs and operational complexity.
By integrating GoCardless’s bank payment network, Mollie intends to provide a single, scalable partner for businesses of all sizes, from SMEs to large enterprises.
Koen Köppen, CEO of Mollie, said:
“A card-only approach has its limits, leading to high costs due to failed payments and customer churn. GoCardless built the definitive solution to optimize this process with its global bank payment network. By bringing them into Mollie, we take a huge step towards fulfilling our vision and creating one complete platform for sustainable growth.”
Hiroki Takeuchi, co-founder and CEO of GoCardless, added:
“By combining our expertise in card, bank and hyperlocal payments into one provider, we can better serve our customers, accelerate growth and raise the bar for the industry.”
The combined platform will support recurring revenue management by reducing payment failures, lowering transaction costs, and improving cash flow.
SaaS platforms and vertical software vendors using Mollie Connect will be able to integrate GoCardless’s bank payment capabilities directly into their products.
Local onboarding, integrations with regional software, and support for payment methods such as iDEAL in the Netherlands, Satispay in Italy, and Twint in Switzerland will remain in place.
Mollie will phase the integration of GoCardless products, prioritising service continuity and localised support for all customers.
Featured image credit: Edited by Fintech News Switzerland, based on image by 21vectors via Freepik
