Dutch payments group Mollie has formally closed its takeover of UK bank-payments specialist GoCardless, bringing to an end a deal first agreed in December 2025. The combination creates a single European financial-services platform serving more than 350,000 businesses in over 30 markets, pairing Mollie’s card-acquiring and local payment methods with GoCardless’s Direct Debit and Pay by Bank network.
The transaction was originally valued at about €1.05–1.1 billion, with more than 90 percent of the consideration paid in shares and the balance in cash.
That figure sat well below GoCardless’s 2022 funding valuation. Mollie itself is backed by private capital investors including Blackstone and EQT.
Leadership of the enlarged group sits with Mollie chief executive Koen Köppen.
GoCardless continues to trade under its existing name as “GoCardless, a Mollie company,” with co-founder Hiroki Takeuchi remaining in charge of that unit.
The companies say the brand is being retained because of its customer base and its Pay by Bank technology, which operates across 38 countries.
The commercial logic is complementarity.
Mollie, founded in Amsterdam in 2004, built its business around merchant acquiring, cards, hyper-local European schemes, business accounts and financing.
GoCardless, launched in London in 2011, concentrated on account-to-account collections, recurring bank payments and open banking rails.
Together they can offer cards, local methods, Direct Debit, Pay by Bank, recurring billing, accounts and working capital products through one partner.
The stated aim is to cut the fragmentation that forces companies, especially those with subscription or recurring revenue, to juggle several providers, higher failure rates and extra administrative cost.
Both firms entered the merger from a stronger financial position than in earlier years.
Mollie reached EBITDA profitability in 2024 and reported €147 million in net revenue for 2025.
GoCardless posted its first EBITDA-positive quarter in summer 2025 after earlier cost reductions.
Geographic reach also widens: Mollie has teams in a dozen EEA cities and now covers the full European Economic Area; GoCardless adds established operations in the United States, Canada, Australia and New Zealand.Existing customers have been told there will be no immediate change to products, pricing, contracts or support contacts.
Integration of GoCardless services into the Mollie platform is planned in phases, with an emphasis on continuity and local support.
Over time, merchants on either side are expected to gain access to a broader toolkit from a single dashboard. The deal is one of the larger European fintech consolidations of the past year and reflects a broader industry push toward fewer, more complete platforms as open banking and account-to-account payments gain share against cards.