Overview
GoCardless is a London-based fintech founded in 2011, specializing in bank payments, direct debit, and open banking solutions (Pay by Bank). Operates across 38 countries with 200,000+ merchant customers. Pioneered “pay by bank” technology enabling direct bank-to-bank transfers without card intermediaries.
Mollie Acquisition (September 2026)
- Announcement: Completed September 1, 2026
- Valuation: €1.05-1.1 billion deal (90% shares, 10% cash)
- Acquirer: Mollie (Amsterdam-based card payments company)
- Strategic Position: Combines open banking with card acquiring for end-to-end payments infrastructure
Financial Performance
- First EBITDA-positive quarter: Summer 2025 (major milestone for fintech)
- Market: 200,000+ merchants across 38 countries
- Technology: Market-leading in direct debit and open banking integration
Product & Technology
- Pay by Bank: Open banking-powered payment option; regulatory-compliant across EEA
- Direct Debit: Recurring payments across European markets
- Open Banking APIs: Real-time account authentication and payment initiation
- Regional Expansion: US, Canada, Australia, New Zealand presence
Post-Acquisition
- Brand: Maintains independence as “GoCardless, a Mollie company”
- Leadership: Co-founder Hiroki Takeuchi continues CEO role
- Integration: Gradual, customer-driven approach to merger