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

X Launches Payments Beta with William Shatner Charity Auction

Innovative payment platform debuts alongside charity event featuring Shatner.Highlights: X debuts its payments beta with a charity auction...

Standard Chartered Appoints Former Kinexys Co-Head as Global Payments Chief

New leadership aims to enhance the bank's payment strategies.Highlights: Standard Chartered appoints new Global Payments Chief.Former Kinexys co-head...

Kraken Gains Historic Fed Master Account Approval

Cryptocurrency exchange Kraken becomes the first to secure a master account with the Federal Reserve.Highlights: Kraken becomes the...

NatWest Strengthens Business Banking by Hiring Adeel Hyder from Starling

Hyder will lead the business banking team, enhancing NatWest's services.Highlights: Adeel Hyder joins NatWest from Starling Bank.Hyder will...