Mollie: Data reveals strong Black Friday & Cyber Week sales performance

Mollie: Data reveals strong Black Friday & Cyber Week sales performance

  • Mollie, a finance industry pioneer and one of Europe’s fastest-growing fintech
  • Revealed insights into online payment trends for small and medium-sized retailers on Black Friday and Cyber Week 2022
  • Sales performance was much stronger than expected, Buy Now, Pay Later, and local payment methods
  • Despite pessimism running into the peak shopping season, small and medium-sized merchants across Europe
  • Small and medium-sized e-commerce retailers also experienced a 13.5% increase in sales volume
  • Overall Buy Now, Pay Later volumes increased by 57%, accounting for 6% of total Black Friday spend
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Upstart Applies for Bank Charter, Strengthening AI Lending Marketplace

The AI-driven lending platform seeks to expand operations with formal banking status.Highlights: Upstart has filed for a bank...

Santander Tests Agentic Payments Across Latin America

New payment experiment aims to innovate financial transactions in the region.Highlights: Santander launches agentic payments trial in Latin...

European Fintechs Strengthen as Reliance on US Investors Tightens

Analysis reveals changing dynamics in European fintech investment landscape.Highlights: European fintechs are increasingly relying on local funding.US investors'...

Lloyds Bank Users Face Severe Security Breach Amid Account Mix-Up

Multiple customers received information intended for strangers, raising concerns.Highlights: Lloyds Bank faced a security breach affecting multiple users.Customers...