Mangopay extends Vinted partnership for pan-Europe payments

By Aarav Garg

Mangopay has extended its long-running payments partnership with second-hand marketplace Vinted, continuing to provide payment infrastructure across Europe as the re-commerce sector scales transaction volumes and cross-border activity.

The renewed agreement follows more than a decade of collaboration between the two companies, during which Vinted expanded from an early-stage marketplace into one of Europe’s largest second-hand commerce platforms. Mangopay will continue supporting wallet infrastructure, payment processing and payout services alongside Vinted’s in-house payment entity, Vinted Pay.

“We chose to build our marketplace model with Mangopay at a time when few providers truly understood multi-party payments. Their wallet-based infrastructure has given us the flexibility to manage complex money flows and support the evolution of our business model,” said Modestas Tursa, VP for Payments at Vinted. 

The partnership reflects growing demand for specialised payment infrastructure designed for platform-based business models, particularly in sectors such as re-commerce where users regularly alternate between buyer and seller roles. Wallet-based payment systems have increasingly become central to these ecosystems, allowing users to hold balances, receive payouts and reinvest funds into additional purchases within the same platform environment.

Mark Fleming, Mangopay’s Chief Commercial Officer, added “Vinted trusted our wallet-first infrastructure long before platform-based business models became established as scalable and sustainable revenue models. They anticipated how the platform economy would evolve and chose the infrastructure built for that future.”

Mangopay said its infrastructure has supported Vinted’s multi-party payment flows across multiple European markets, enabling localised payment experiences, cross-border transactions and multi-currency seller payouts. The platform has also allowed the marketplace to experiment with different fee structures and monetisation models as its user base and transaction volumes expanded.

The extension comes as second-hand commerce continues to gain traction globally, driven by both economic pressures and growing consumer interest in resale and circular economy models. According to research cited by Mangopay, 43% of platform users prefer wallet-based payment experiences, highlighting the increasing role of embedded financial infrastructure in platform economies.