Advent International acquired Mangopay, a payment solution for marketplaces,without revealing the investment. As a previous owner, Credit Mutuel Arkea is reinvesting in Mangopay as a minority shareholder, alongside management.
The latter acquired 86% of Mangopay in 2015, before increasing to 100%. As an electronic money issuer licensed in Luxembourg, Mangopay will benefit from €75 million to accelerate even faster growth than in previous years. Between 2015 and 2022, transactions increased...
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