Mollie announces the launch of the Mollie Acceleration Fund

By Joy Dumasia

Mollie, one of the fastest-growing payment service providers in Europe, launched a new 1 million Euro fund designed to drive the creation of new integrations and add-on products for its platform. The ‘Mollie Acceleration Fund’ will support developers, start-ups and digital agencies to realize bold and ambitious projects that help power the growth of Mollie’s 125,000+ e-commerce merchant customers.

The Mollie Acceleration Fund is open to developers, software companies and digital agencies from around the world. Welcoming integrations with new SaaS solutions and add-on products that enhance Mollie’s offering via new tools, applications or third-party software.

Ken Serdons, CCO, Mollie, said: “Mollie has demonstrated continuous commitment to investing in technology partnerships and integrations. We are seeing great traction from tech start-ups and scale-ups that want to build out their payments capabilities with Mollie. For a company like Mollie, the entire ecosystem of developers, start-ups and agencies is incredibly important both to our success and the success of our customers. By working with these companies even more closely and by financially recognizing their devotion to our platform, we will drive innovation that supports the growth of our merchants. These relationships will help us go beyond our existing plans for evolving our payments platform and launching financial services products, into areas neither we nor our customers can imagine today.”

Recently, IBS Intelligence reported that Mollie, the payment service provider in Europe, announced opening a development hub in Lisbon, Portugal. The office will be home to over 100 employees by 2023 and is part of its plans to dramatically increase its product development velocity. The news comes just weeks after Mollie’s Series C round, in which it raised 665 million Euro, valuing the company at 5.4 billion Euro.