Mangopay empowers the platform economy with its unique and comprehensive payment infrastructure. Created in 2013, Mangopay serves 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.

Core solution 

Mangopay developed a payment solution that addresses the unique challenges of platforms. Our technology, which is built as an API, allows platforms to accept payments very easily, to block funds via our own e-wallet technology, to split payments and to manage payouts anywhere in the world.   

Target market

Marketplace, fintechs, platforms

Contact details

https://mangopay.com/contact
https://mangopay.com/contacthttps://mangopay.com/contact

Geographical presence

Europe, UK, US

Year founded

2013

Investors

Advent International

License type

EMI (Electronic Money Institution)

Member of industry association and/or initiatives

FEVAD

Standards and certifications

Level 1 PCI, PSD2

Company's motto

Modular payment infrastructure for platforms and marketplaces

Service provider type

Payment Gateway

Yes

Payment Service Provider - Acquirer

Yes

Main area of focus

Payment infrastructure provider

Channels - context

Online

Yes

POS/In store

No 

Payments capabilities

Hosted pages

Yes

White-label solution

Yes

Recurring payments

Yes

Payment methods supported

Yes, 23 currently (33 by end of 2023) 

Settlement currencies

Yes

Instant settlement

No (No instant pay-in) 

Tokenization

Yes

Pay-out/Disbursements

Yes

Payments orchestration

Yes

Cryptocurrency payments solution

No

Reconciliation and reporting

Yes

B2B payments

Yes

 - Factoring Yes, through partnerships

Reporting/dashboards

Consolidated data and reporting dashboard

Yes

Fraud and risk management capabilities

Chargeback management

Yes

Fraud ratio PSD2/SCA

Yes - more information available upon request

Fraud and risk management partners

Nethone’s  acquisition: Mangopay’s strategic move for stronger anti-fraud measures. Nethone is now a Mangopay company.

Financial and compliance capabilities

FX - number of currencies available

Yes, 14 currencies

Virtual IBAN

Yes

Multi currencies virtual IBAN (# of currencies)

Yes, only EUR

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

https://blog.mangopay.com/clients/case-study-wallapop-mangopay

https://blog.mangopay.com/clients/case-study-malt-mangopay

https://blog.mangopay.com/clients/case-study-rue-du-commerce-mangopay

Awards

Best platform and marketplace provider' at MPE 2023 in Berlin

Future developments

Our aim is to continually enhance our pay-in capabilities, expand our range of accepted currencies, improve our Know Your Business (KYB) verification process, and offer powerful orchestration tools to fuel the growth of online marketplaces and platforms. Our ultimate goal is to provide a seamless and efficient payment experience that helps our clients drive revenue, reduce costs, and ultimately succeed in the rapidly evolving digital economy.

Transactions

Transaction volume

300 million in 2023

Transaction value

USD 20 billion in 2023