Mollie raises EUR 665m in Blackstone Growth–led Series C funding round
De Brauw has advised Mollie, one of the fastest-growing payment service providers in Europe, on its EUR 665 million Series C funding round. The round was led by funds managed by Blackstone’s growth equity investing business, and included EQT Growth, General Atlantic, HMI Capital and Alkeon Capital. TCV, who led the Series B investment in September 2020, also participated in the funding round. The funding will fuel Mollie’s international expansion, team scaling and continued investment in product and engineering, helping the firm to realize its vision of becoming the most popular payment service provider in the world.
The round values Mollie at EUR 5.4 billion, making Mollie one of the top five most valuable privately-held fintechs in Europe, and one of the top 20 in the world.
The transaction is announced and completed in June 2021.