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Mollie chooses payments fintech Ivy to rollout Pay by Bank across Europe

Ellie Duncan
31 Mar 2025

Instant payments fintech Ivy has been chosen by European financial services provider Mollie as a partner for the launch of its own instant account-to-account (A2A) payment solution for merchants across Europe.

Ivy connects businesses to a network of more than 5,000 banks through a single API, while Mollie is a platform for businesses to get paid and manage their money, and is used by more than 250,000 businesses.

Using Ivy’s infrastructure, Mollie has been able to launch Pay by Bank, enabling bank payments and refunds in real time which, in turn, lowers transaction costs for merchants, provides quicker access to funds, and minimises fraud risk.

“Partnering with Ivy for our ‘Pay by Bank’ solution was a strategic decision to provide our merchants with faster, more secure payments,” said Johannes Claudi, principal product manager at Mollie.

“Ivy stood out globally with its seamless integration, international coverage, and high conversion rates. Their white-label technology allows us to replace legacy systems with a future-proof solution that cuts costs and scales with our merchants’ evolving needs.”

Ferdinand Dabitz, co-founder and chief executive officer, Ivy

Through the partnership, Mollie’s merchants can integrate an instant bank payment solution with “just a few clicks” via their Mollie dashboard.

End customers can select ‘Pay by Bank’, then choose their trusted house bank, confirm the payment amount, and authorise it using their bank’s strong customer authentication method.

Ferdinand Dabitz, co-founder and chief executive officer of Ivy, added: “Ivy is building the world’s first global default instant payments platform.

“Forward-thinking companies like Mollie are leading the global shift towards instant bank payments – across various use cases.

“As legacy rails phase out, more merchants are adopting real-time payment rails as a future-proof solution to reduce costs and increase speed.”

Ivy has offices in Berlin, Munich, London, and Helsinki, and has secured $30 million in funding from fintech investors, including Valar Ventures and Creandum.

Further reading: Juniper Research predicts A2A payment transactions to hit 186bn by 2029