MangoPay has acquired Dublin-based payments technology company WhenThen
IN BREIF:
- Founded in December 2020, WhenThen offers a no code editor for orchestrating payments across e-commerce marketplaces
- MangoPay recently announced its intention to hire 250 people this year as the firm reports 35% of year-on-year growth
- This follows a majority investment by Advent International last year alongside €75m of primary capital
What does this mean?
Romain Mazeries, Mangopay CEO, comments: "Acquiring WhenThen enables Mangopay to rapidly accelerate its payment capabilities whilst providing the best payment experiences in the market. It represents a strategic asset for our growth plans, following the acquisition of Nethone in 2022 that strengthened our fraud capabilities. We are committed to serving our loyal customers, such as Vinted, LeBonCoin, Chrono24, Wallapop and many others, with enhanced features and modular technologies that best meet their needs.”