Mangopay

Mangopay Products

Mangopay offers a modular and flexible payment infrastructure designed to empower marketplaces and platforms with seamless payment solutions. The company provides a comprehensive wallet infrastructure that enables businesses to control fund flows and monetize payment experiences efficiently.

Wallet Infrastructure

Mangopay’s wallet infrastructure is a cornerstone of its offering, providing programmable wallets that allow businesses to automate and control financial operations. This includes accurate tracking of transactions with detailed logs, multi-party capabilities for managing funds across multiple accounts, and custom rules and workflows for automating fee calculations, refunds, or conditional payments.

Flexible FX Infrastructure

The flexible FX infrastructure offered by Mangopay supports global money movements and multi-currency payments. It features bank-beating exchange rates that are 50% below traditional banks, allowing businesses to capture more revenue and save on FX fees. The infrastructure supports both guaranteed and spot FX, providing flexibility with real-time or locked-in FX rates.

Multi-currency Accounts

Mangopay’s multi-currency accounts are built for global experiences, supporting over 20 wallet currencies. Businesses can receive, send, and hold funds in multiple currencies, streamline financial operations with multiple IBANs in a single wallet, and create unlimited local IBANs to simplify fund transfers.

Global Payouts

The global payouts solution ensures instant and cost-effective settlements. It includes local support for managing payments in local currencies, ensuring faster processing and timely payouts through a network of global partners. Businesses can automate bulk or individual payouts, split to as many recipients as needed.

Risk Management and Security

Mangopay provides robust risk management and security solutions to safeguard users and transactions. The platform achieves high precision with machine learning, reducing unauthorized transactions by 7.5%. It supports identity verification in over 16 countries and has processed billions of transactions securely.

About Mangopay

Mangopay is headquartered in Luxembourg City, Luxembourg. Founded in 2013, the company has grown to employ 353 people.

Modular Payment Solutions

Mangopay powers payments for some of the world’s largest and most innovative marketplaces and platforms. The company’s modular approach allows businesses to select and connect the products they need to succeed, from pay-in to payout and everything in between.

Industry Recognition

Mangopay has received numerous accolades for its innovative solutions. The company won the Fraud & ID Verification Award at The Global FinTech Awards 2024 and was recognized as the Best Platform and Marketplace Provider at the MPE Awards.