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

Binance Launches Prediction Markets Feature, Expanding Trading Options

Users can now engage in prediction markets on Binance for various events.Highlights: Binance launches a new prediction markets...

NextGen Nordics Strengthens Insights on Innovation Divide and AI Integration

Upcoming data reveals crucial trends in the Nordic fintech landscape.Highlights: NextGen Nordics to reveal data on fintech innovation...

US Launches Cybersecurity Sharing Channel for Crypto Firms

New initiative aims to enhance security in the cryptocurrency sector.Highlights: US government launches a new cybersecurity sharing channel...

PayPal Expands Payment Links to Canva Creators

Canva users can now easily monetize their designs with PayPal's new feature.Highlights: PayPal's payment links feature is now...