MANGOPAY

MANGOPAY provides embedded payment infrastructure to business customers through APIs and platform software. It creates value by replacing fragmented payment, wallet, payout and compliance workflows with a unified stack designed for multi-party transactions. The model is infrastructure-led: customers integrate MANGOPAY into their own products and operations, then process payment volume and related money movements through the platform. Revenue scales with customer transaction volume and adoption of adjacent modules such as wallets, FX, identity and fraud.

MANGOPAY is a Luxembourg-based fintech infrastructure provider focused on payments for marketplaces, platforms, SaaS businesses and fintech companies. Its core offer is an API-first, wallet-centric architecture that helps customers accept payments, hold funds, split and route money between multiple parties, manage payouts, issue virtual IBANs, handle foreign exchange, and support identity verification and fraud prevention.

The company makes money primarily from usage-based fees tied to transaction activity such as pay-ins, payouts and FX, alongside contractual platform and service fees. Its customers are businesses rather than consumers, particularly organisations that need embedded financial infrastructure for seller payments, escrow-like wallet flows, reconciliation and compliance across multiple geographies.