Mollie, the Amsterdam-based PSP and pan-European fintech firm, has launched Mollie Capital to facilitate SME access to finance and funding. Mollie Capital aims to avoid the barriers that SMEs must overcome in order to obtain financing from conventional financial service providers. Based on a number of variables, including their experience with Mollie, users can ask for cash advances up to €250,000 through the new service. Customers of SMEs can also access same day, point-of-sale financing through an online app.

Mollie Steps Into Financial Services With Mollie Capital