Dutch payments startup Mollie raises $106M at $1B+ valuation

Mollie, a startup that offers a simple, API-based way to integrate payments into a site or an app, has raised €90 million ($106 million) in a round of funding led by TCV. The Series B brings the total raised by Mollie  to €115 million and notably catapults the startup’s valuation to over $1 billion, founder and CEO Adriaan Mol confirmed in an interview with TechCrunch.

Currently the company focuses mainly on small and medium businesses — a vastly underserved but giant market — and counts some 100,000 merchants as customers, predominantly in the Netherlands, Belgium and Germany.

Read more: TechCrunch