str market mapMarketplaces and platforms that move money between buyers and sellers face complex multi-party requirements, splitting payments, holding funds in escrow, managing compliance, and routing payouts, that standard payment processors are not built to handle.
Mangopay is a Luxembourg-based programmable e-wallet and payment infrastructure provider for marketplaces and platforms, founded in 2013 and regulated as an EU-licensed financial institution, with offices across Europe and a travel-and-hospitality vertical among its segments.
The core infrastructure is a multi-currency e-wallet system that holds funds on behalf of users and automates money movement between buyers, platforms, and sellers. Capabilities include pay-in processing across cards and local payment methods, escrow and fund splitting, automated payouts to multiple beneficiaries, FX conversion, virtual IBANs, KYC and KYB verification, and fraud detection, all via API, with Mangopay carrying the EU regulatory licensing so platforms need not hold their own e-money license. The travel and hospitality use case covers deposit holding, host payouts, and refund management.
Product marketplaces, rental and travel platforms, on-demand services, and financial platforms that need multi-party payment flows, regulatory compliance, and multi-currency payouts without building their own e-money infrastructure.
Listed on STR Market Map, the short-term-rental software marketplace.