Mollie appoints new CEO as it doubles down on international expansion

By Aisling Finn on Tuesday 2 March 2021

Digital Banking

Shane Happach will take over from Gaston Aussems, who was CEO of Mollie from 2013 until mid-2020, as of 1 April 2021.

Mollie appoints new CEO as it doubles down on international expansion
Image source: Shane Happach/Mollie

 

Payment processing firm Mollie has found its new CEO in former Worldpay executive Shane Happach.

Happach joins the Dutch fintech, which reached a €1bn valuation in September last year, from Worldpay where he was executive vice president and head of global ecommerce and also the firm’s first chief commercial officer of its ecommerce department.

“I’ve spent the last 15 years processing payments for some of the largest and most recognisable brands on the planet. I’ve come to a very simple conclusion: merchants are significantly under-served by traditional payment service providers,” Happach said.

“PSP business models are fundamentally about price and volume and, in Europe especially, merchants need more support from their partners. The people here deeply care about merchants that don’t have whole departments dedicated to payments infrastructure, addressing abandonment and securing customer data.”

Happach’s appointment has already been approved by Mollie’s supervisory board and has been confirmed by the Dutch Central Bank. 

Adriaan Mol, founder of Mollie, added: “It’s been an exciting seven months for Mollie, with our strong growth, expansion into the UK and now the arrival of Shane.”

“Shane has helped drive impressive - 500 per cent - growth at Worldpay. We know he’s the right person to help drive Mollie’s international expansion and ensure our product innovation meets the emerging needs of our 110,000+ customers across Europe.”

Happach will be taking over the reins from former CEO Gaston Aussems, who was Mollie’s CEO from 2013 until mid-2020, on 1 April 2021.

Last month the fintech put down roots in the UK for the first time, allowing its UK users to add EU payment methods to their online checkouts for the first time and appointing Josh Guthrie as its first country head here in the UK.

In September last year, the payment processing firm also closed a €90m Series B funding round to help it expand internationally and bolster its product offering and engineering team. 

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