Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

MANGOPAY PROCESSES MORE THAN €200 MILLION OF PAYMENTS ACROSS THE ‘SHARING ECONOMY’

business

MANGOPAY leads the way on handling payments for crowdfunding platforms and online marketplaces

MANGOPAY, a white label payment solution for marketplaces and crowdfunding platforms announced it has handled €200 million per year worth of payments for 500 businesses across Europe. The success of the company comes just six months since the company opened a new office in London. MANGOPAY now boasts 50 British based clients, including, Crowd2fund, Banktothefuture, Liftshare, Farmdrop, Propertymoose, InvestUp and Sponsorise.me.

Founded by the leading social payments service, leetchi.com, MANGOPAY has bridged the gap between sharing economy services such as Vestiare Collective, Vinted, Ulule, Depop, Rentezvous, SplytApp and contemporary fintech payment solutions. Since it was formed in 2013, MANGOPAY has already helped businesses across 21 European countries to accept and distribute payments.

A recent study from PwC in November 2014 predicts the international sharing economy market will be worth $335 billion by 2025. At the same time Statista measured over €4.5 billion raised on crowdfunding platforms in Europe between 2012 and 2014.

Céline Lazorthes, founder and president of the MANGOPAY says: “It is an amazing achievement for MANGOPAY to have handled such a high value of payments in less than two years. After realising the potential to support sharing economy businesses, MANGOPAY will continue to innovate and develop to meet the needs of this growing sector.

“Our target is to be handling over €1 billion within the next two years. We hope that entrepreneurs with desires of launching their own sharing economy business, crowdfunding platform or marketplace can pursue their dreams with the support of MANGOPAY.”

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post