Sprinque and Mangopay to enhance B2B marketplace payments
By Gloria Methri
B2B payments platform Sprinque has partnered with Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms.
The collaboration enables merchants and marketplaces to take advantage of holistic and customisable payment infrastructures and terms, allowing them to grow revenues by tapping into B2B cross-border opportunities.
Established in Amsterdam in 2021, Sprinque is the B2B payments platform that helps merchants and marketplaces expand globally by enabling frictionless purchasing with business customers. Sellers can conveniently service international buyers by offering them the net payment terms flexibility they need to complete the transaction, while risk and fraud management and other financial operations are handled by Sprinque.
Founded in 2013, 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 which covers everything from pay-in to payout.
The collaboration is designed to empower B2B marketplaces with robust tools and a choice of payment methods to manage their payment flows with more flexibility, including those looking to introduce a buy now, pay later service to their B2B customers.
Sprinque CEO Juan Espinosa said, “We are incredibly excited about this partnership between Mangopay and Sprinque as this creates collaboration in an ecosystem where ambitious international merchants, both B2C and B2B, will be able to have access to both consumer and business tools to ensure that they can capture and service both sides of the coin, B2C and B2B.”
Derrick Lynagh, Head of Sales, Partners, at Mangopay, said, “Partners such as Sprinque are an important part of our strategy, and collaborations like this further strengthen our proposition for B2B marketplaces and platforms. We are delighted to form this new partnership to offer B2B marketplaces the chance to meet the demand for a greater choice of payment methods.”