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Country: Ireland

Online payment platform

News

Fintech Mangopay makes its second acquisition in four months 23/03/2023

  • Private equity fund Advent has acquired Mangopay and Leetchi from Arkéa in 2022 .
  • Ireland's Mangopay bought French fintech WhenThen, four months after acquiring Polish anti-fraud solution Nethone.
  • With these two acquisitions, Mangopay welcomed 120 new employees, bringing the total workforce to 440.
  • - Valuation of Mangopay at €1 billion after the acquisition of WhenThen.
  • - Mangopay sales volume: €20 billion (forecast end 2023) and €12 billion in 2022
  • - Mangopay sales in 2021: €64.5 million.
  • - Loss of 8.2 million euros for Mangopay in 2021.

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