Mollie, a rapidly expanding financial service provider in Europe, has appointed Dave Smallwood as its UK Managing Director. Smallwood, a FinTech expert with more than two decades of experience at American Express, PayPal, and Super Payments, will lead the company’s efforts to become the UK’s premier financial service provider for small and medium-sized enterprises. This appointment comes as Mollie scales up its UK operations following triple-digit year-on-year growth in the first quarter of 2024.
Mollie has made a significant investment in the UK, expanding its team from 16 to 26 people across London and the country since 2023. The Dutch firm collaborates with Gymshark, Soak&Sleep, Mazda, Wild Cosmetics, and hundreds of others in the UK, providing payment solutions, money management, and accessible financing through the Mollie platform. Globally, Mollie supports over 250,000 companies with an all-in-one solution for generating revenue, lowering costs, and managing funds.
The company makes payments and money management simpler with one platform that offers 35+ global payment methods and pre-built integrations to link smoothly to eCommerce sites. “The UK has Europe’s largest e-commerce market, but business owners in the payments sector continue to be underserved due to excess financial red tape and insufficient support,” states Smallwood. “At Mollie, we are committed to shifting this mindset. Our objective is to equip UK businesses with cutting-edge financial tools and unparalleled support, allowing them to concentrate on serving their customers and growing their businesses in an increasingly digital world.”
Finally, Mollie aims to empower UK businesses by offering them access to the most up-to-date financial resources and unrivaled support. They are devoted to changing the narrative for business owners who are currently underserved due to financial bureaucracy and inadequate support.