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Country: Ireland
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Fintech Mangopay makes its second acquisition in four months 23/03/2023
- Private equity fund Advent has acquired Mangopay and Leetchi from Arkéa in 2022 .
- Ireland's Mangopay bought French fintech WhenThen, four months after acquiring Polish anti-fraud solution Nethone.
- With these two acquisitions, Mangopay welcomed 120 new employees, bringing the total workforce to 440.
- - Valuation of Mangopay at €1 billion after the acquisition of WhenThen.
- - Mangopay sales volume: €20 billion (forecast end 2023) and €12 billion in 2022
- - Mangopay sales in 2021: €64.5 million.
- - Loss of 8.2 million euros for Mangopay in 2021.
Studies mentioning this company
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