Mangopay

Overview
News
Digital Wallets?
FinTech Infrastructure?
Product stageSegments
Early
?
White-label platforms
?

Mangopay is a leading provider of modular payment infrastructure solutions tailored specifically for platforms and marketplaces. Founded in 2013, the company offers a flexible, white-label solution that enables platforms to create their own customized payment flow and set up e-wallets to manage payment splits, escrow accounts, and more. Mangopay's end-to-end infrastructure covers all platform payment needs, from pay-in to payout, across various business models and workflows.

At its core, Mangopay's offering revolves around a programmable e-wallet solution that empowers platforms to streamline their payment processes seamlessly. This includes features such as multi-currency payment collection, international payouts, refunds to e-wallets or bank accounts, and more. The company's solutions are designed to optimize customer engagement and enhance the overall user experience.

In November 2022, Mangopay acquired Nethone, a fraud detection and prevention company based in Poland, further strengthening its anti-fraud capabilities. This strategic move allowed Mangopay to provide robust anti-fraud solutions specifically designed for platform businesses, safeguarding transactions against various threats.

Mangopay has garnered recognition for its innovative offerings, including being named the "Best Platform and Marketplace Provider" at the Merchant Payments Ecosystem (MPE) Awards in March 2023 and one of the most promising cross-border payment companies by FXC Intelligence in October 2023.

In August 2023, Mangopay announced the acquisition of WhenThen, a payment orchestration platform based in Dublin. This strategic move enabled Mangopay to scale its payment offering and unlock significant value for its customers through enhanced pay-in capabilities, intelligent payment routing, improved customer experiences, and a centralized dashboard for payment operations. The entire WhenThen team and products were integrated into Mangopay's operations under the Mangopay brand.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
59 boulevard Royal Luxembourg LUX
Founded year:
2013
Employees:
251-500
IPO status:
Private
Total funding:
-
Last Funding:
-
Last valuation:
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