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In 2018, Romain Mazeries was appointed to the position of Mangopay [[Chief executive officer|CEO]].<ref>{{Cite web |last=Allain |first=Anne-Laure |title=Entretien {{!}} Romain Mazeries, Mangopay. « Startup ? Scale-up ? J'aime bien me dire qu'une entreprise est un être vivant en perpétuelle mutation » |url=https://www.finyear.com/Entretien--Romain-Mazeries-Mangopay-Startup-Scale-up-J-aime-bien-me-dire-qu-une-entreprise-est-un-etre-vivant-en_a49619.html |access-date=2024-03-25 |website=Corporate Finance, DeFi, Blockchain News |language=fr}}</ref><ref>{{Cite web |date=2019-12-13 |title=How Necessity Proved The Mother Of Invention For MANGOPAY CEO Romain Mazeries {{!}} The Fintech Times |url=https://thefintechtimes.com/mangopay-ceo-interview/ |url-status= |archive-url=https://web.archive.org/web/20191213031348/https://thefintechtimes.com/mangopay-ceo-interview/ |archive-date=2019-12-13 |access-date=2024-03-25 |website=thefintechtimes.com}}</ref>
In 2018, Romain Mazeries was appointed to the position of Mangopay [[Chief executive officer|CEO]].<ref>{{Cite web |last=Allain |first=Anne-Laure |title=Entretien {{!}} Romain Mazeries, Mangopay. « Startup ? Scale-up ? J'aime bien me dire qu'une entreprise est un être vivant en perpétuelle mutation » |url=https://www.finyear.com/Entretien--Romain-Mazeries-Mangopay-Startup-Scale-up-J-aime-bien-me-dire-qu-une-entreprise-est-un-etre-vivant-en_a49619.html |access-date=2024-03-25 |website=Corporate Finance, DeFi, Blockchain News |language=fr}}</ref><ref>{{Cite web |date=2019-12-13 |title=How Necessity Proved The Mother Of Invention For MANGOPAY CEO Romain Mazeries {{!}} The Fintech Times |url=https://thefintechtimes.com/mangopay-ceo-interview/ |url-status= |archive-url=https://web.archive.org/web/20191213031348/https://thefintechtimes.com/mangopay-ceo-interview/ |archive-date=2019-12-13 |access-date=2024-03-25 |website=thefintechtimes.com}}</ref>

In April 2022, Mangopay was acquired by private equity firm [[Advent International]], which injected €75m of primary capital.<ref>{{Cite web |last=Khairnar |first=Shruti |date=2022-04-07 |title=Advent International acquires European paytech Mangopay, invests €75m |url=https://www.fintechfutures.com/2022/04/advent-international-acquires-european-paytech-mangopay-invests-e75m/ |access-date=2024-03-25 |website=fintechfutures.com}}</ref><ref>{{Cite web |date=2022-04-06 |title=Advent buys MANGOPAY, doles out €75 million to fuel expansion beyond Europe |url=https://tech.eu/2022/04/06/advent-buys-mangopay-doles-out-eur75-million-to-fuel-expansion-beyond-europe/ |access-date=2024-03-25 |website=Tech.eu |language=en-GB}}</ref>

In November of the same year, the company acquired Polish [[anti-fraud]] specialist Nethone for an undisclosed sum. Its acquisition added cybercrime protection to Mangopay’s suite of services.<ref>{{Cite web |date=2022-11-29 |title=Mangopay acquires fraud detection and prevention company Nethone |url=https://tech.eu/2022/11/29/mangopay-acquires-fraud-detection-and-prevention-company-nethone/ |access-date=2024-03-25 |website=Tech.eu |language=en-GB}}</ref>

In March 2023, Mangopay acquired [[Dublin]]-based payments startup WhenThen for an undisclosed sum. In the same month, the company was named as the Best Platform and Marketplace Provider at the Merchant Payments Ecosystem (MPE) Awards.<ref>{{Cite web |title=MPE {{!}} History 2023 |url=https://www.merchantpaymentsecosystem.com/history/2023 |access-date=2024-03-25 |website=www.merchantpaymentsecosystem.com}}</ref>

== References ==
== References ==
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Revision as of 15:09, 25 March 2024

Mangopay is a payments company providing modular infrastructure technology for e-commerce platforms, particularly online marketplaces and platforms, such as Vinted, Chrono24, Rakuten, and La Redoute.

Mangopay is licensed in the EU/EEA by the CSSF (Commission de Surveillance du Secteur Financier) and in the UK by the FCA (Financial Conduct Authority).[1][2]

History

Mangopay was launched in 2013 and was a spin off from Leetchi.com, which was founded by Celine Lazorthes in Paris, in 2009.[3][4]

In 2015, Mangopay and Leetchi.com were acquired by French bank Crédit Mutuel Arkéa.[5][6]

In 2018, Romain Mazeries was appointed to the position of Mangopay CEO.[7][8]

In April 2022, Mangopay was acquired by private equity firm Advent International, which injected €75m of primary capital.[9][10]

In November of the same year, the company acquired Polish anti-fraud specialist Nethone for an undisclosed sum. Its acquisition added cybercrime protection to Mangopay’s suite of services.[11]

In March 2023, Mangopay acquired Dublin-based payments startup WhenThen for an undisclosed sum. In the same month, the company was named as the Best Platform and Marketplace Provider at the Merchant Payments Ecosystem (MPE) Awards.[12]

References

  1. ^ "Mangopay | Company Database | ThePaypers". thepaypers.com. Retrieved 2024-03-25.
  2. ^ "MongoPay Terms and Conditions". www.studely.com. Retrieved 2024-03-25.
  3. ^ Chapman, Tom (2024-02-15). "Mangopay: Embedded Payments for the Automotive Marketplace". fintechmagazine.com. Retrieved 2024-03-25.
  4. ^ "How Luxembourg FinTech payment solution MANGOPAY grew internationally". Luxembourg for Finance. Retrieved 2024-03-25.
  5. ^ Dillet, Romain (2015-09-22). "Crédit Mutuel Arkéa Acquires Money Pot And Payment Service Leetchi". TechCrunch. Retrieved 2024-03-25.
  6. ^ "Credit Mutuel Arkea enters sharing economy with acquisition of The Leetchi Group". Finextra Research. 2015-09-22. Retrieved 2024-03-25.
  7. ^ Allain, Anne-Laure. "Entretien | Romain Mazeries, Mangopay. « Startup ? Scale-up ? J'aime bien me dire qu'une entreprise est un être vivant en perpétuelle mutation »". Corporate Finance, DeFi, Blockchain News (in French). Retrieved 2024-03-25.
  8. ^ "How Necessity Proved The Mother Of Invention For MANGOPAY CEO Romain Mazeries | The Fintech Times". thefintechtimes.com. 2019-12-13. Archived from the original on 2019-12-13. Retrieved 2024-03-25.
  9. ^ Khairnar, Shruti (2022-04-07). "Advent International acquires European paytech Mangopay, invests €75m". fintechfutures.com. Retrieved 2024-03-25.
  10. ^ "Advent buys MANGOPAY, doles out €75 million to fuel expansion beyond Europe". Tech.eu. 2022-04-06. Retrieved 2024-03-25.
  11. ^ "Mangopay acquires fraud detection and prevention company Nethone". Tech.eu. 2022-11-29. Retrieved 2024-03-25.
  12. ^ "MPE | History 2023". www.merchantpaymentsecosystem.com. Retrieved 2024-03-25.