Mollie expands into lending with Mollie Capital launch; & more!

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NEWS HIGHLIGHT

Mollie expands into lending with Mollie Capital launch. Businesses in the Netherlands and Belgium will be able to apply for a merchant cash advance of up to €250,000 via Mollie. Shane Happach, CEO of Mollie said the launch of Mollie Capital: “marks our first step towards becoming a financial services provider, whilst aligning with our goal to help small- and medium-sized merchants compete.” Link here

FINTECH NEWS

#Insights

Podcast with the talented Mary Ann Azevedo. Miguel Armaza sits down with Mary Ann Azevedo, Senior Reporter at TechCrunch, responsible for covering all-things Fintech. Link here

Tech Nation faces an uncertain future. The loss of the key government contract comes amid concern about Tech Nation breaching state fin help rules as it had failed to become self-sufficient. Link here

Top 8 well-funded fintechs in Africa. Between 2020 and 2021, the number of tech startups in the continent tripled to around 5,200 companies, with just under half of these being FinTechs. Link here

#FinTechInnovation

Telefónica launched a new investment vehicle called Íope Ventures. Íope Ventures aims to wrap up investments in 15 startups by 2025 as Telefónica looks to strengthen its position. Link here

#Partnerships

Buy2Sell partnered with Mastercard. Buy2Sell will enable multiple payment types to a delivery channels via a single connection through Mastercard Cross-Border Services. Link here