Mollie, one of Europe’s fastest-growing financial service providers, has appointed Dave Smallwood as its UK managing director.
The appointment comes as the company scales its UK operations following triple-digit year-on-year growth in the first quarter of 2024.
A FinTech veteran with over two decades of experience at industry giants including American Express, PayPal and Super Payments, Smallwood will spearhead the unicorn’s goal to become the UK’s leading financial service provider for small and medium-sized businesses.
Mollie has also significantly invested in the UK, growing the team by over 60%, from 16 to 26 people across London and the UK since 2023.
The Dutch unicorn works with Gymshark, Soak&Sleep, Mazda and Wild Cosmetics amongst hundreds of others in the UK, providing payment solutions, money management and accessible financing through the Mollie platform.
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Globally, Mollie supports more than 250,000 businesses with an all-in-one solution for driving revenue, reducing costs and managing funds.
It simplifies payments and money management with one platform that offers 35+ global payment methods and pre-built integrations to effortlessly connect to eCommerce platforms.
“The UK boasts Europe’s largest e-commerce market, yet business owners continue to be underserved in the payments sector due to excessive financial bureaucracy and inadequate support,” said Smallwood.
“At Mollie, we’re committed to changing this narrative. Our goal is to empower UK businesses with cutting-edge financial tools and unparalleled support, allowing them to focus on what truly matters – serving their customers and growing their businesses in an increasingly digital world.”