Mangopay and Mondu collaborate to support B2B marketplace businesses through flexible payments infrastructure and payments terms

In brief:

- Through the partnership, the two companies will offer marketplaces across Europe a proven, modular payments infrastructure which can be tailored to meet their needs, with popular B2B payment methods and flexible payment terms. 

- Mondu's flexible payment solutions include net terms, instalments and digital trade accounts for online checkouts as well as in-person and telesales. 

- Mangopay supports multiple business models in the platform economy with its modular payment infrastructure. The company has supported over 2,500 platforms and marketplaces through its programmable e-wallet solution and end-to-end payment infrastructure

What does this mean?

Luke Trayfoot, Chief Revenue Officer at Mangopay, said: “At Mangopay we’re committed to finding new and innovative ways to help our platform customers create and operate payments infrastructures that will help their businesses to scale. Partners such as Mondu are an important part of our strategy, and collaborations like this further strengthen our proposition for B2B marketplaces and platforms. We’re delighted to form this new partnership with Mondu to offer B2B marketplaces more flexibility and easy access to popular payment methods such as buy now, pay later.”  

Malte Huffmann, Co-Founder and Co-CEO of Mondu added: “Mondu and Mangopay are completely aligned in our vision to simplify the payments process for marketplaces and empower the end customer to purchase and pay how and when they want. Payments play a key role in creating a seamless customer experience, and it’s through this that B2B marketplaces can grow sales volume through improved conversion rates and higher order values, helping to drive business growth. Mangopay provides a fantastic infrastructure service to its clients and we’re excited to partner with them.”