Berlin, 31th March 2025 – Mollie, one of Europe’s fastest-growing financial service providers, sought a reliable partner to launch their own instant, account-to-account payment solution for its merchants. Ivy was chosen for their extensive coverage, conversion rates, and market-leading API integration experience. Ivy is a leading instant payments provider, connecting businesses to a network of over 5,000 banks through a single API. Ivy's infrastructure enables Mollie to launch "Pay by Bank", which enables bank payments and refunds in real-time, offering merchants reduced transaction costs, quicker access to funds, and minimized fraud risk.
A Future-Proof Payment Solution for Merchants as Legacy Systems Phase Out
The partnership reflects Mollie’s commitment to building a future proof instant bank payment offering. While traditional account-to-account (A2A) rails like SOFORT and iDeal are being phased out, over 60 geographies worldwide are rolling out next-gen real-time payment schemes. Here, Ivy outperformed many competitors with its extensive coverage, high conversion rates, and white-label capabilities, the latter allowing Mollie to seamlessly integrate the solution into its platform. Additionally, Ivy's best-in-class developer experience and high-quality API documentation enabled Mollie to get to their first production payment in less than a week.
Global Instant Payments, with one Integration
With this partnership, Mollie’s merchants can benefit from a low-cost, frictionless, bank-grade secure, and instant bank payment solution - seamlessly integrated with just a few clicks via their Mollie dashboard.
End customers, in turn, enjoy a simplified checkout experience: they simply select “Pay by Bank”, choose their trusted house bank, confirm the payment amount, and authorize it using their bank’s SCA method, such as Face ID - no need for a credit card, no need to sign up.
As global instant bank payments grow - forecasted to reach $330 billion by 2027, according to Juniper Research - this partnership positions Mollie and Ivy at the forefront of the instant bank payment revolution, setting a new standard for secure, cost-effective, and seamless transactions.
About Ivy
Ivy is the world’s first default global, default instant payments platform. Their platform enables businesses to accept and send global real-time bank transactions and eliminate the need for cards, wallets and correspondent bank intermediaries. Increasing settlement speed and reducing transaction costs. Currently, over 60 regions worldwide are rolling out instant bank payment rails. Ivy’s technology makes these local instant payment schemes interoperable. With offices in Berlin, Munich, London, and Helsinki, Ivy is powering global businesses and has secured $30 million in funding from renowned fintech investors like Peter Thiel’s Valar Ventures and Creandum.
Press Contact:
Jacob.steinhardt@getivy.io
Head of Growth
About Mollie
Mollie offers a single platform for businesses to get paid and manage their money. One that makes payments, reconciliation, reporting, fraud prevention, and financing simple for all – from startups to enterprises.
Founded in 2004, Mollie’s mission is to make payments and money management effortless for every business in Europe. Their 800-strong team works from offices across the continent, including Amsterdam, Ghent, Lisbon, London, Maastricht, Milan, Munich, and Paris.
Today, more than 250,000 businesses use Mollie to drive revenue, reduce costs, and manage funds.
Press Contact:
marsha.van.doorn@mollie.com
