Summary List Placement
Europe has yet another fintech unicorn after Dutch payments startup Mollie completed a €90 million ($106 million) Series B funding round led by Silicon Valley growth fund and Netflix-backer TCV. The round brings Mollie's valuation above $1 billion. The payments space has gone through an accelerated period of growth throughout the coronavirus pandemic as businesses and consumers have been forced to move operations online. Rapid digitization and higher revenues have been a boon for companies in the space with Klarna, Adyen, Stripe, all competing for new business. Amsterdam-based Mollie is no different.