Mangopay taps Aria for enhanced B2B marketplace payment experiences
By Gloria Methri
Mangopay, a platform-specific payment infrastructure provider has partnered with Aria, a provider of deferred payment infrastructure for B2B marketplaces and platforms.
The collaboration aims to empower B2B marketplaces and transactional Software-as-a-Service (SaaS) companies with tools to manage their payments and credit efficiently.
This partnership integrates Mangopay’s flexible payment services with Aria’s expertise in credit assessment and lending solutions.
Aria’s B2B offering includes immediate payment options, deferred payment collections, the efficient disbursement of funds to vendors, and the meticulous handling of marketplace operator commissions, helping to reduce credit and payment risk.
Business buyers can purchase goods and Pay Later for up to 90 days while sellers receive payment upon the shipment of goods. This helps in increasing sales volume and supports cash flow management for both sellers and business buyers.
The partnership between Mangopay and Aria highlights both companies’ commitment to driving payment innovation for B2B marketplaces. Through a combination of modularised marketplace payment infrastructure and comprehensive credit solutions, the companies’ shared vision is to empower marketplaces with control over their payment strategies, complemented by easy access to trade credit.
Luke Trayfoot, Chief Revenue Officer at Mangopay said, “Our aim is to power the payment infrastructure and operations of the world’s largest and most innovative marketplaces and platforms. Our solution enables them to build, operate, and evolve their payment stack in a way that powers the growth of their business. Together with Aria, we believe in paving the way for a future where payment solutions are not just seamless but also transformative.”
“At Aria, we are delighted about this partnership with Mangopay, which is the result of a shared vision between our two companies and natural synergies in our respective solutions,” said Clément Carrier, CEO of Aria. “Our partnership with Mangopay, a major player with extensive reach in B2B marketplaces, better positions us to deliver a market-leading customer experience. It demonstrates how two innovative FinTech organizations can work together to simplify access to necessary payment options for B2B marketplaces.”
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