Company Database - Mangopay

Modular payment infrastructure for platforms and marketplaces

Mangopay empowers the platform economy with its payment infrastructure. Created in 2013, Mangopay serves over 2,500 leading platforms and marketplaces. Built around its programmable e-wallet solution, Mangopay’s end-to-end infrastructure covers all platform payment needs with total integration flexibility and workflows for every business model.

Website

www.mangopay.com

Head office

Luxembourg

Core solution

Leveraging our flexible e-wallet infrastructure, Mangopay enables global platforms with end-to-end payment infrastructure to seamlessly collect, move, split, payout, and reconcile payments in a single integration. We empower global platforms to monetise cross-border revenue with payment processing, global payouts, identity verifications, and FX – all backed by AI-powered fraud prevention.

Target market

Marketplaces, SaaS

Contact details

https://mangopay.com/contact

Geographical presence

Europe, the UK

Year founded

2013

Funding rounds and investors

Advent International

Licence type

EU/EEA from the CSSF (Commission de Surveillance du Secuteur Financier) UK from the FCA (Financial Conduct Authority)

Member of industry associations and/or initiatives

MRC

Standards and certifications

Level 1 PCI, PSD2, ISO 27001

Brand tagline

Modular payment infrastructure for marketplaces and platforms

Service provider type

Payment gateway

Yes

Payment service provider – acquirer

Yes

How do you define your company’s primary category or technology market?

Payment infrastructure provider

Channels

Online

Yes

POS/in-store

No

Payment capabilities

Hosted pages

Yes

White-label solution

Yes

Recurring payments

Yes

Payment methods supported

Yes

Settlement currencies

Yes

Tokenization

Yes

Pay-out/disbursements

Yes

Payment orchestration

Yes

Reconciliation and reporting

Yes

B2B payments

Yes

Operational efficiency:

- ERP integration Yes

- Factoring Yes

Reporting/dashboards

Consolidated data and reporting dashboard

Yes

Fraud and risk management capabilities

Chargeback management, fraud and risk management partners

Yes

Fraud Prevention, powered by Nethone

Financial and compliance capabilities

FX – number of currencies available

Yes, 14

Virtual IBAN

Yes

Multi-currencies virtual IBAN

Yes

Current account/settlement account

Yes

Embedded finance/lending to SMEs or merchants

Yes – Billie, Hokodo, Aria, Defacto, Storfund, Younited Credit

Embedded finance/BNPL for consumers

Yes – Klarna (integration), Billie, Hokodo, Socredit, Oney (partners)

Instant settlement

Yes, EUR 0.40

Client onboarding (KYC/KYB)

Yes

Clients

Main clients/references

Vinted, Wallapop, Malt, Chrono24, Rakuten, Mercateo, leboncoin, Veepee, Rue du Commerce

Case studies

Wallapop – https://blog.mangopay.com/en/home/how-mangopay-helped-monetize-wallapops-classified-ads-platform

Malt – https://blog.mangopay.com/en/home/how-mangopay-supports-malt-with-a-custom- payment-solution

Rue du Commerce – https://blog.mangopay.com/en/home/how-rue-du-commerce- successfully-adopted-a-marketplace-model

Awards

Mangopay was named Best Platform and Marketplace Provider at the Merchant Payments Ecosystem (MPE) Awards 2023.

Future developments

Expand currency coverage and payment methods enabling global platforms to create local payment experiences. Improve our FX capabilities to deliver a best-in-class user experience for various use cases, including multi-currency pricing, treasury management and more.

Extend our local settlement network, facilitating faster and cost-effective global payouts.

Empower global platforms with advanced fraud protection to fight fraud across the user journey.

Transactions

Transaction volume

More information available upon request

Transaction value

More information available upon request