Company Database - Mangopay

Modular payment infrastructure for marketplaces and platforms

Created in 2013, Mangopay empowers the platform economy with its modular payment infrastructure. Built around its programmable e-wallet solution, Mangopay’s end-to-end infrastructure covers platform payment needs, from payin to payout, for many platform business models and workflows.

Website

www.mangopay.com

Head office

Luxembourg

Core solution

Mangopay's modular and flexible payment solution addresses the unique challenges of platforms. Our technology, which is built as an API, allows platforms to accept payments, to hold funds via our own e-wallet technology, to split payments, and to manage payouts. 

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

EMI (Electronic Money Institution)

Member of industry associations and/or initiatives

MRC

Standards and certifications

Level 1 PCI DSS (Mangopay entities), ISO 27001 (Nethone entity) 

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, 20+

Settlement currencies

Yes, 15+

Tokenization

Yes

Payout/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

Yes

Fraud and risk management partners

Proprietary fraud prevention solution 

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, Billie, Hokodo, Socredit, Oney

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, and Mangopay's Fraud Prevention solution won a Fintech Breakthrough Award in March 2024.

Transactions

Transaction volume

More information available upon request

Transaction value

More information available upon request