Apr 15, 2021

Dojo launches social distancing contactless 'payment pole'

Joanna England
3 min
Dojo launches social distancing contactless 'payment pole'
UK contactless card payment machine provider Dojo introduces its ‘payment pole’ perfect for pubs, restaurants and events...

Payments solutions provider, Dojo, has launched their social distancing payment solution - the £38 ‘payment pole’ just in time for the reopening of the UK’s restaurants and pubs.

The safety pole, which attaches to payment machines, is designed to make customers feel more comfortable as life starts to return to normal.

Dojo card machines have both Wi-Fi and 3G/4G SIM connectivity, the new safety pole will enable staff to take reliable and secure payments from customers outdoors whilst still maintaining a safe distance.

The London-based card machine and digital payments provider is a Paymentsense brand, and facilitates payment solutions for an estimated 60,000 SMEs through a cutting-edge network of counter-top contactless payment machines. 

Dojo payment pole 

The fear of catching coronavirus from touchable surfaces such as keyboards and point-of-sale card readers, has resulted in the growth in mobile wallet and contactless card transactions. Contactless payment solutions are also perceived to be faster and more efficient than other forms of transaction, thuse driving more retailers to activate their terminals with contactless payments functionality.

The payment pole is a handheld pole that attaches easily to point of sale card machines to enable a safe distance for employees when taking payments. The device will be one, additional element to help the industry back on its feet following the nationwide lockdowns, which according to reports has resulted in the loss of an estimated 660,000 jobs in the UK alone. 

On May 17th, restaurants will be allowed to open again to inside diners, but according to reports, many are worried about not being able to take card machines outside due to potential connectivity issues stopping payments. This issue has led to the government u-turning on plans to stop people from paying inside.


Commenting on the new device, Guy Moreve, Chief Marketing Officer at card payments provider Dojo, said, “Waiting staff often get caught short by failed card transactions – due to poor internet connectivity outside of their pub or restaurant building. This will provide a huge challenge for small and medium businesses that can only reopen with outside service – and want to encourage contactless-only payments, for hygiene and safety. 

Flipping between indoor and outdoor payments or even card only to cash and card is not just a logistical headache, it could even result in lost profits. And this comes at such a critical time for the hospitality industry’s survival. 

We can provide an ideal solution for this. Dojo card machines have both Wi-Fi and 3G/4G SIM connectivity which enables hospitality staff to take reliable and secure payments from customers outdoors, without a Wi-Fi connection.”

Moreve added, “That means pubs and restaurants that use our services would no longer need to worry about changing their payment policy at the last minute and benefit from having mobile SIM connectivity, continuing to trade even if their Wi-Fi fails.”

Digital payment solutions

There has been a huge rise globally in digital payments since the COVID-19 pandemic, with retailers opting for contactless solutions over cash. According to reports, the digital payments market is expected to grow as a CAGR of 13% between now and 2026 as demand for cashless payments, driven in part by the fear of viral transmission that cash presents, evolving government policies and increased convenience. 

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Jun 22, 2021

Payment startup Mollie raises US$800m at a $6.5bn valuation

3 min
A new funding round values Mollie at US$6.5bn making Mollie the third most valuable privately-held European fintech behind Klarna and Checkout.com

Mollie, one of the fastest-growing payment processors within Europe, today announced it has raised US$800m in a Series C funding round, now valuing the company at $6.5bn. The valuation, based on Dealroom data, makes Mollie the third most valuable privately-held European fintech behind Klarna and Checkout.com.

Blackstone Growth (BXG), Blackstone’s growth equity investing business, led the investment and included participation from EQT Growth, General Atlantic, HMI Capital and Alkeon Capital. TCV who led the Series B investment in September 2020 also participated in the funding round. 

According to the company, the funding will fuel Mollie’s international expansion, team scaling, and continued investment in product and engineering.

“There’s something very special about Mollie. In the three months since I joined the team we’ve achieved so much: making preparations for a full launch in the UK, driving 600% growth in Germany and hiring an impressive set of team members and executives,” said Shane Happach, CEO, Mollie. “Over the past months, Mollie has been receiving a remarkable amount of interest from some of the world’s foremost fintech investors. In bringing on BXG, we believe we have an investor who can help Mollie in our next phase of growth. The involvement of our new group of investors demonstrates confidence in Mollie’s growth, strategy and product set.”

The Amsterdam-based business was launched in 2004, and is one of the largest PSPs in Europe. Today, it serves more than 120,000 monthly active merchants of all sizes across the continent. During 2020, Mollie processed more than 10 billion Euros in transactions and is on track to handle more than 20 billion Euros during 2021. 

“Mollie is one of Europe’s most exciting high-growth businesses and is at the forefront of enabling next-generation payments for online SMEs across Europe. We are excited to partner with Mollie’s fantastic team and look forward to leveraging Blackstone’s capital, expertise and global network to unlock the company’s next phase of growth,” said Paul Morrissey, who leads European investing for Blackstone Growth. “This investment underlines Blackstone’s confidence in Europe as a place for high-growth companies to thrive.”


In Europe, FinTech app usage grew by 72% directly after the pandemic outbreak, while the top seven digital banks in the US grew their cumulative user base by 39% throughout the year. Competition in payments has grown over the past few years with fintech players like Stripe, Square and Netherlands-based Adyen all competing for a bigger share of the market.

Unlike its American rivals, Mollie says it mainly focuses on transactions with small businesses in Europe. Shane Happach, CEO of Mollie said: “A lot of the bigger players in online payments come out of the US, like PayPal,”. Adding that even Visa and Mastercard are US companies.

“A lot of investors don’t have a bet on Europe,” Happach said. “Mollie’s one of those unique assets that offers exposure.

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