New partnership offers marketplace sellers same-day payments for sales, improving cash flow and helping businesses to scale.
In brief:
- Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms, announces that it has partnered with fintech innovator Storfund to offer marketplace sellers the opportunity to get paid on the day that they sell.
- The solution offered to Mangopay customers through the new partnership with Storfund can help sellers to significantly scale their businesses and increase turnover, supporting the growth of marketplaces and the platform economy as a result.
- Flexibility is at the heart of its approach, and its modular solution is designed so that marketplaces can select and create a specific payments infrastructure to meet their needs.
What does this mean?
Romain Mazeries, CEO at Mangopay, said: “At Mangopay we have a relentless focus on innovating on behalf of our customers – whether that’s new cross-border payment capabilities, sophisticated fraud prevention technology or partner integrations available through our modular approach that bring opportunities to drive business growth. By introducing immediate payments and an answer to cash flow challenges, Storfund is the latest partner solution in our ecosystem that has the ability to help our marketplace clients and their seller businesses to scale.”
