Amsterdam fintech expands into London to support companies post-Brexit

An Amsterdam fintech has announced that it is expanding into the UK to help post-Brexit European growth.

Mollie, a payment service unicorn, is opening up a new office in King’s Cross, London, marking its expansion into the country.

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

The company is planning to expand the team as its presence in the UK grows.

Josh Guthrie, the company’s newly-appointed head of UK, told UKTN: “Expansion to the UK is an exciting opportunity for Mollie: it is Europe’s largest e-commerce market, one of the most innovative, and while it hasn’t been a focus we’ve already organically acquired a base of brilliant UK customers – including Gymshark, Facetheory, Joseph Joseph and Baker Ross.

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