Amsterdam Fintech expands to London to assist post-Brexit firms

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An Amsterdam fintech has announced plans to expand into the UK to support post-Brexit European growth.

Payment services unicorn Mollie opens a new office in King’s Cross, London, marking its expansion into the country.

The expansion is the result of the potential challenges posed by Brexit with the aim of making Mollie’s services easier for UK businesses to use.

The company plans to expand the team as its UK presence grows.

Josh Guthrie, the company’s newly appointed head of the UK, told UKTN: “The UK expansion is an exciting opportunity for Mollie: it is Europe’s largest e-commerce market, one of the most innovative, and although it has not yet been Focus We have already organically gained a base of brilliant British clients – including Gymshark, Facetheory, Joseph Joseph and Baker Ross.

“Brexit is accelerating the opportunity. This is why we have taken steps to make our current product, which enables our existing UK customers to offer the local payment methods needed to be successful across Europe, more readily available to UK merchants.”

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