Dutch payment company Mollie is close to finalising its takeover of UK-based fintech GoCardless, reported Bloomberg, citing familiar sources.

The acquisition is expected to be announced as soon as this week.

The deal is said to follow GoCardless’s decision nearly a year ago to pause a secondary share sale for investors and early employees, shifting its focus to exploring potential buyers.

This transaction is set to bring together two privately-held fintech firms, potentially increasing their scale to compete with other European players such as Adyen.

The exact value of the GoCardless acquisition remains undisclosed. However, GoCardless was last valued at $2.1bn in 2022, during the peak of the fintech sector.

In August 2025, The Telegraph reported that the possible agreement with Mollie could value GoCardless at $1.5bn.

Blackstone-backed Mollie reached a valuation of $6.5bn after a fundraising round in 2021.

A GoCardless spokesperson declined to comment on the matter. Mollie did not respond to requests for comment immediately, reported Bloomberg.

GoCardless, which was co-founded by fintech entrepreneur Tom Blomfield, has received investment from Permira, Accel, BlackRock Private Equity Partners, Balderton Capital, and Alphabet’s investment arm, Google Ventures.

The firm, which manages payments for businesses and automates parts of the payment process, has nearly 95,000 customers worldwide and offices in France, England, and Australia.

In 2024, GoCardless purchased UK rival Nuapay.

GoCardless reported a pretax loss of approximately £35m ($43.8m) for the twelve months ending June 2024.

The company reduced its losses from the previous year by cutting nearly one-fifth of its workforce and relocating some roles to Eastern Europe.

Mollie, established twenty years ago, offers services to over 250,000 businesses across Europe and employs nearly 900 people, Bloomberg said.

In June 2025, Mollie launched a new payment terminal to support contactless payments for businesses.