Expansion of business in China too

ManoMano utilises Mangopay's payment infrastructure

(Source: Screenshot ManoMano)
17.07.2024

Marketplace operator ManoMano, which specialises in the home improvement industry, will be working with Mangopay in future. This company offers modular payment infrastructures. The collaboration is intended to strengthen ManoMano's platform capacities and simplify paymenst for marketplace sellers. According to a press release, the focus is on the expansion of the marketplace operator into the enterprise market and the provision of scalable commerce solutions for major global merchants. The aim is also to expand into new geographies and grow business in strategically important markets in line with its ongoing expansion plans, including the UK and China.

The Mangopay solutions are intended to streamline payment and verification processes, increase efficiency for sellers and simplify earnings management and payouts. Mangopay specialises in modular embeddable payment infrastructures for platforms worldwide. To date, the company has processed transactions worth more than EUR 100 bn and supports more than 250 million users.

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