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Mangopay & Spryker join forces to enhance online marketplace

By Gloria Methri

August 31, 2023

  • B2B commerce
  • B2B Marketplace
  • Enterprise Marketplaces

Mangopay, Spryker, Online Marketplace, FinTech, EuropePayment infrastructure provider Mangopay has entered a strategic alliance with Spryker, the composable commerce platform for sophisticated use cases in B2B Commerce, Enterprise Marketplaces, and Thing Commerce.

This collaboration aims to empower businesses in building seamless marketplaces — from seller onboarding to payment processing. 

Through the ever-changing platform landscape, businesses continue to seek flexible, secure, and experienced technology partners to future-proof payment experiences and build customer experience. The partnership offers a holistic solution that addresses key challenges faced by businesses in this space. 

As the marketplace industry continues to grow and is projected to reach 8.7 trillion dollars by 2025, the payment experience remains a key differentiator. In its strategic alignment with Spryker, Mangopay said it reaffirms its dedication to pioneering advancements in the FinTech industry.

The partnership’s key objectives center around delivering exceptional value to mutual customers, providing them with the tools and capabilities needed to excel in the online marketplace landscape.

By leveraging Spryker’s composable platform and Mangopay’s secure payment infrastructure, the two companies aim to empower businesses to create efficient, successful, and scalable online marketplaces.

“Mangopay, in its strategic alignment with Spryker, reaffirms its dedication to pioneering advancements in the FinTech sector,” said Luke Trayfoot, Chief Revenue Officer at Mangopay. “This alliance allows us to provide our customers with enhanced services in the platform industry. Merging the top-tier technology from both our companies paves the way for novel opportunities for online enterprises.” 

“We are thrilled to collaborate with Mangopay to provide enterprises with a strong offering that enables them to build their marketplace faster,” said Manishi Singh, SVP App Composition Platform at Spryker. “With Mangopay’s powerful payment structure and Spryker’s best-of-breed composability, customers will be able to efficiently build a seamless marketplace experience for both operators and end-users.”

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