Bloomberg:
TL;DR: Mollie, a Dutch payment firm, is expected to acquire British fintech company GoCardless, a move anticipated to improve Mollie's payment processing. GoCardless decided to pursue acquisition after previously suspending a secondary share sale to actively seek buyers. Dutch payments firm Mollie is anticipated to announce the acquisition of British fintech company GoCardless as early as this week. Sources familiar with the transaction indicate that this acquisition will significantly enhance Mollie's payment processing capabilities. The expected announcement follows GoCardless's strategic decision to pursue acquisition. Approximately one year ago, GoCardless in.
Key takeaways
- Dutch payments firm Mollie is anticipated to announce the acquisition of British fintech company GoCardless as early as this week
- Sources familiar with the transaction indicate that this acquisition will significantly enhance Mollie's payment processing capabilities
- The expected announcement follows GoCardless's strategic decision to pursue acquisition
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