Mirakl and Mangopay have announced a strategic partnership to drive the growth of European marketplaces through advanced payment solutions.
Mirakl, a global leader in eCommerce software, is integrating Mangopay’s innovative e-wallet technology into its Mirakl Payout system, enhancing its capabilities across Europe.
The partnership aims to enhance the management of marketplace funds by leveraging Mangopay’s modular payment technology. This collaboration will streamline the financial operations of Mirakl’s customers, offering a fully automated, transparent solution for complex payment flows, including seller onboarding, KYC processes, and payouts.
Mirakl offers comprehensive eCommerce solutions, helping businesses to expand their online presence through marketplace and dropshipping models. Since 2012, Mirakl has been at the forefront of platform economy innovations, providing secure and scalable technology solutions that empower retailers and B2B enterprises.
Mangopay, on the other hand, specialises in modular, embeddable payment infrastructure, which has been pivotal in processing over €100bn worth of transactions and supporting over 250 million users globally. The company’s customisable systems are crucial for business growth, enhancing user experiences, and fraud prevention.
By integrating Mangopay’s technology, Mirakl Payout not only simplifies seller onboarding and KYB but also speeds up seller payments and ensures compliance with regulatory requirements. This enhanced collaboration facilitates more efficient cooperation between operators and sellers, accelerating growth and opening up new revenue opportunities.
Sophie Zellmeyer, Director of Mirakl Payout and Global Payment Partnerships, remarked, “Mangopay is a trusted partner of Mirakl, already supporting several of our leading marketplaces across Europe. With its innovative e-wallet infrastructure and strong compliance capabilities, Mangopay is an ideal partner for Mirakl Payout in Europe. Together, we streamline payouts, enabling platforms to increase volume and scale more efficiently.”
Mark Fleming, Chief Commercial Officer at Mangopay, commented, “Mangopay and Mirakl have enjoyed a successful partnership for over a decade, and we are thrilled to enhance our collaboration. Together, we support the growth of the marketplace sector through innovation and dedicated solutions for platforms and their users.
“As the sector prospers, more digital commerce brands aim to unlock the potential of the marketplace model. We are excited to partner with Mirakl to provide a seamless experience for sellers and fuel the platform economy’s growth.”
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