Mangopay S.A.
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Mangopay S.A. - overview
Established
2013
Location
Luxembourg, -, Luxembourg
Primary Industry
Financial Services
About
Based in Luxembourg and founded in 2013, Mangopay S. A. is a payment solution provider for marketplaces, crowdfunding, and fintech platforms. In April 2022, Advent International acquired a majority stake in Mangopay S.
A. for EUR 75 million. Romain Mazeries is the CEO of the company. The company provides its products for marketplaces, e-retailers, crowdfunding, and b2b platforms and its features include methods of payment, e-wallets, ibanisation, user verification - KYC, white-label, fraud prevention, and user protection.
Mangopay's technology enables clients to accept consumer payments, onboard sellers, and route funds to them on a global scale. The firm's e-wallet environment provides flexibility allowing for split payments, use of escrow accounts, and closed-loop payments. The enterprise generates revenue through the pricing of products including individual identity verification (KYC), legal entity verification (KYB) for EUR 2. 5, won dispute, and lost dispute for EUR 15.
The April 2022 investment allows the organization to accelerate its growth and international and product expansion.
Current Investors
Advent International
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.mangopay.com
Verticals
FinTech, Mobile Apps
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Mangopay S.A. - timeline of key events
Mangopay S.A. - financials
| Fiscal Year Ended | Jun 30, 2013 | Jun 30, 2014 | Jun 30, 2015 | Jun 30, 2016 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 15,715.7 | 839,855.5 | 3,629,666.7 | 6,047,898.6 | 4,371,393.8 | 15,054,326.3 | 24,367,611 | 38,135,960.5 | 49,542,802.6 | - | - | - |
| % Revenue Growth (YoY) | - | 5244.1% | 332.2% | 66.6% | - | - | 61.9% | 56.5% | 29.9% | - | - | - |
| EBITDA (USD) | 128,275.3 | 12,459.5 | 14,291.4 | - | - | - | - | - | - | - | - | - |
| Operating Income (USD) | 128,275.3 | 12,459.5 | 14,291.4 | - | - | - | - | - | - | - | - | - |
| Operating Margin | 816.2% | 1.5% | 0.4% | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | 816.2% | 1.5% | 0.4% | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | 125,833.8 | 4,439.6 | - | (573,903) | (469,654.3) | (856,921.1) | 917,448.3 | (3,213,032.3) | (6,591,196.5) | - | - | - |
| % Net Margin | 800.7% | 0.5% | - | (9.5%) | (10.7%) | (5.7%) | 3.8% | (8.4%) | (13.3%) | - | - | - |
Mangopay S.A. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | When Then Limited | - | ||||||||
| Add-on | Completed | Nethone Sp. z o.o. | - | ||||||||
| Buyout | Completed | Mangopay S.A. | - |
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Mangopay S.A. - employee data
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