Published: September 1, 2026 at 5:41 pm
Dutch FinTech Mollie has completed its €1.1 billion acquisition of UK rival GoCardless.
When originally announcing the deal in December 2025, the firms said that more than 90% of the consideration will be paid in shares, with the remainder in cash.
GoCardless was founded by CEO Hiroki Takeuchi, Monzo co-founder Tom Blomfield and Matt Robinson in 2011. A few years later Takeuchi, its chief executive, was paralysed from the chest down following a cycle crash.
In the year ending June 2025, its last published accounts, it narrowed losses before tax to £24.2m, and recently posted its first profitable quarter. This followed a series of cutbacks. Meanwhile Mollie achieved EBITDA profitability in 2024 and reported €147 million in net revenue in 2025.
The deal creates Europe’s leading payments and financial services partner, with more than 350,000 business customers across 30+ markets.