Mangopay: transaction volume to rise by 35% in 2022

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Marketplace payment platform Mangopay, which was sold by Crédit Mutuel Arkéa to private equity fund Advent International in April 2022, is claiming a business volume of €11.3 billion in 2022, compared with the €13 billion target announced at the time of the takeover. This is an increase of 35% compared to 2021. According to mind Fintech, the company does not specify whether the €30 million net turnover target has been reached.

Mangopay, whose clients include Vinted, Leboncoin and Kiabi,...

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