Currency Cloud and MANGOPAY to bring quick, simple payments to the collaborative economy

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Currency Cloud has announced a partnership with MANGOPAY to accelerate the growth of the collaborative economy.

MANGOPAY is a payments solution built specifically for crowdfunding platforms, online marketplaces and collaborative consumption platforms, it has selected Currency Cloud so it can offer its customers simple and secure money transfers, and also expand with speed out of the Eurozone.

Romain Mazeries, Managing Director at MANGOPAY, said: “The collaborative economy is transforming how we shop, work and interact with one another. A huge number of sites are emerging to serve projects both large and small in all kinds of sectors. Our mission at MANGOPAY is to provide the world’s best online marketplaces, crowdfunding sites and collaborative consumption platforms with a simple, low-cost way to accept payments and manage e-money. Currency Cloud’s Payment Engine is the perfect solution for any business looking to offer its customers easy, secure money transfers. Currency Cloud critically has allowed us to scale our business very quickly and expand into new markets.”

John Hammond, Chief Commercial Officer of Currency Cloud, added: “At Currency Cloud, we believe that international payments should not be a barrier to the growth of a business. We help innovative, cloud-based FinTech firms such as MANGOPAY scale their international payments infrastructure so that they can expand more rapidly into new markets. Our customers access our cloud-based Payments Engine on a pay-as-you-go basis: there is no upfront capital expenditure on their behalf. They can leave the complexities of international payments to us allowing them to focus on their customers. We’re helping to build a world where moving money is easy.”

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