Company: Mangopay
CEO: Romain Mazeries
Website: https://mangopay.com/
About Mangopay
Mangopay was created in 2013, with a vision to power the success of the platform economy. Today, Mangopay does this by providing a comprehensive, modular payments infrastructure for platforms and marketplaces. Built around its programmable e-wallet solution, Mangopay’s unique, end-to-end infrastructure is suitable for every business model across different sectors and covers all platform payment needs with total integration and flexibility.
Mangopay’s ongoing mission is to power the payment infrastructure and payment operations of the world’s biggest, most exciting marketplaces and platforms so they can build, operate and evolve the payment stack they need to succeed. Mangopay enables a wide range of platforms across Europe to accept payments, send payouts and onboard sellers in total compliance with security measures, such as smart risk and identity management solutions. To date, the company has supported over 2,500 leading marketplaces and platform scale-ups, such as Vinted, Ticketmaster, Wallapop and Chrono24, providing them with a cutting-edge payment engine that enables them to accelerate their growth.
Mangopay was originally founded in Luxemburg and has since expanded its presence with offices across Europe including Paris, Milan and London. Advent International became Mangopay’s majority stakeholder in 2022, bringing €75 million of primary capital to drive Mangopay’s global expansion goals.
Mangopay also equips customers with sophisticated security tools, demonstrated by its recent acquisition of leading fraud detection and prevention company, Nethone. Additionally, Mangopay recently acquired WhenThen, marking its second acquisition in four months. These acquisitions enable Mangopay to expedite its growth, while offering unparalleled payment experiences tailored specifically for two-sided platforms.
In March 2023, Mangopay was named “Best Platform and Marketplace Provider” at the Merchant Payments Ecosystem (MPE) Awards for providing best-in-class payment services to marketplaces and platforms.
