Close Menu
  • English
  • Featured
    • AI & Robotics
    • Energy
    • Finance
    • Leisure
    • Science
    • Security
    • Sustainable Development
    • Tech
    • Transport
  • About Us
  • Advertising
  • Contact Us

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

Trending
Illustration of a robot solving a Rubik’s Cube in record-breaking time. Image generated by AI.
Robot Destroys World Record by Solving Rubik’s Cube Faster Than a Blink, Leaving Even Experts in Total Disbelief
Illustration of Tor Alva, the tallest 3D-printed building in the world. Image generated by AI.
This 3D-Printed Tower Just Broke a World Record as Tor Alva Rises Higher Than Any Structure Ever Made by a Machine
Illustration of the universe functioning as a giant computer algorithm. Image generated by AI.
“We’re Living in a Simulation”: Renowned Physicist Claims to Have Finally Found Irrefutable Proof of This Astonishing Reality
Facebook X (Twitter) LinkedIn RSS
Rude Baguette
Facebook X (Twitter) RSS
Newsletter
  • Featured
  • AI
    Illustration of a robot solving a Rubik’s Cube in record-breaking time. Image generated by AI.

    Robot Destroys World Record by Solving Rubik’s Cube Faster Than a Blink, Leaving Even Experts in Total Disbelief

    June 17, 2025 at 12:03 PM
    Illustration of humanoid robots engaged in a kickboxing match in Hangzhou, China. Image generated by AI.

    “Robots in the Ring”: These Two Humanoid Fighters Are Kickboxing With Shocking Agility in a Spectacle That Blurs Man and Machine

    June 16, 2025 at 4:53 PM
    Illustration of artificial intelligence impacting gender equality in the workplace. Image generated by AI.

    “AI Targets Women First”: Chilling Report Reveals How Automation Is Set to Erase Female-Dominated Jobs at Unprecedented Speed

    June 16, 2025 at 4:05 PM
    Illustration of artificial intelligence taking over entry-level job tasks. Image generated by AI.

    “The Real Threat Isn’t Your Job”: AI Isn’t Taking Careers—It’s Replacing People Still Learning to Work, and It’s Happening Fast

    June 16, 2025 at 9:04 AM
    Illustration of Anthropic's vision of ethical artificial intelligence development with Claude as a central figure. Image generated by AI.

    “If Anthropic Succeeds, Everything Changes”: A Nation of Benevolent AI Geniuses Could Rise and Reshape the Future of Human Civilization

    June 15, 2025 at 8:51 AM
  • Energy
    Illustration of the innovative process by MIT researchers to produce hydrogen using recycled soda cans and seawater. Image generated by AI.

    From Soda to Superfuel: Researchers Use Coca-Cola and Ocean Water to Produce Clean Hydrogen for the Future of Mobility

    June 13, 2025 at 8:11 AM
    Illustration of China's Hualong-1 nuclear reactor and its impact on global energy dynamics. Image generated by AI.

    “France on the Brink”: China’s Nuclear Reactor Threatens to Wipe Out the Last Stronghold of French Economic Power

    June 12, 2025 at 4:05 PM
    Illustration of a groundbreaking electrochemical reactor for lithium extraction and its impact on sustainable technology. Image generated by AI.

    “U.S. Uncovers Rare Earth Bombshell”: This Shocking Discovery Could Flip the Global Tech Supply Chain on Its Head

    June 12, 2025 at 8:04 AM
    Illustration of the impact of political uncertainty on the U.S. green energy sector. Image generated by AI.

    “Massive Setback in US Energy Sector”: Over 14 Billion Dollars in Hydrogen, Battery, and Solar Projects Canceled or Delayed

    June 11, 2025 at 8:55 AM
    Illustration of the NEOM Green Hydrogen project in Saudi Arabia, highlighting its renewable energy infrastructure. Image generated by AI.

    “NEOM’s Green Hydrogen Mega-Factory Nears Completion”: The Massive Facility Is on the Brink of Launching Revolutionary Sustainable Energy Production

    June 11, 2025 at 8:05 AM
  • Finance
    Illustration of James Howells searching for his lost Bitcoin hard drive in a landfill. Image generated by AI.

    “He’s Still Digging”: Man Who Lost $700 Million in Bitcoin 12 Years Ago in a Dump Faces Stunning New Twist in His Hunt

    June 13, 2025 at 9:05 AM
    Illustration of a lost hard drive containing 8,000 Bitcoins buried in a landfill. Image generated by AI.

    He Just Gave Up €200 Million in Bitcoin: After 12 Years of Digging Through Trash, the Lost Hard Drive Is Gone for Good

    May 30, 2025 at 7:14 AM
    Illustration of a man sleeping with black tape over his lips. Image generated by AI.

    “Doctors Sound the Alarm”: Viral Mouth Taping Trend Called Dangerous and Completely Unproven by Leading Medical Experts

    May 25, 2025 at 8:02 AM
    Illustration of Visa's integration of AI systems into digital payments (AI-generated, non-realistic illustration). Credit: Ideogram.

    Visa’s AI Is Now Shopping for You: This Robot May Soon Swipe Your Card Automatically—and Mess With Your Mind

    May 4, 2025 at 8:07 AM
    Microsoft Strikes Unprecedented Deal: World's Largest CO2 Removal at 7.44 Million Tons, Setting New Environmental Milestone

    “Microsoft Strikes Historic Climate Deal”: World’s Largest CO2 Removal Pact Targets 6.75 Million Tons in Unmatched Green Push

    April 19, 2025 at 9:55 AM
  • Leisure
    Illustration of the decline in European tourism to the United States due to geopolitical tensions. Image generated by AI.

    “Europe Turns Its Back on America”: Massive Travel Boycott Slams U.S. Tourism Industry as Revenues Plunge and Destinations Empty Out

    June 16, 2025 at 10:08 AM
    Illustration of two Nintendo Switch bundles with different box designs. Image generated by AI.

    “He Ordered Two, Got Chaos Instead”: Nintendo Fan Buys Identical Switch Packs and Unboxes Two Completely Different Surprises

    June 14, 2025 at 9:55 AM
    Illustration of GTA VI's dynamic and interactive urban environment. Image generated by AI.

    “GTA VI Goes Full Chaos”: Robbable Skyscrapers, Advanced Destruction, and a World That Strikes Back at Every Move

    June 12, 2025 at 12:08 PM
    Illustration of a camping tent with a panoramic roof designed for stargazing. Image generated by AI.

    “Sleep Under the Stars, Literally”: This Inverted Tent Redefines Camping With a Mind-Blowing View of the Night Sky

    June 12, 2025 at 8:47 AM
    Illustration of the vast open world of The Elder Scrolls II: Daggerfall. Image generated by AI.

    “29-Year-Old Game Dwarfs GTA 5”: This Open-World Legend Is 2,000 Times Bigger and Still Has No Real Competition Today

    June 2, 2025 at 9:13 AM
  • Science
    Illustration of the universe functioning as a giant computer algorithm. Image generated by AI.

    “We’re Living in a Simulation”: Renowned Physicist Claims to Have Finally Found Irrefutable Proof of This Astonishing Reality

    June 17, 2025 at 9:03 AM
    Illustration of astronomers using artificial intelligence to study supermassive black holes. Image generated by AI.

    “A.I. Cracks the Black Hole Code”: Astronomers Use Artificial Intelligence to Reveal Hidden Forces at the Heart of the Universe

    June 15, 2025 at 5:08 PM
    Illustration of independent evolution of intelligence in birds and mammals. Image generated by AI.

    “Intelligence Evolved Twice on Earth”: This Groundbreaking Discovery Redefines Life Itself and Shakes the Foundations of Evolutionary Science

    June 15, 2025 at 11:55 AM
    Illustration of SpaceX Dragon capsule returning to Earth with advanced technology and experiments from the ISS. Image generated by AI.

    “We Brought the Future Back to Earth”: SpaceX Dragon Returns With 6,700 Pounds of Next-Gen Robots After Daring Orbital Operation

    June 15, 2025 at 5:54 AM
    Illustration of SpaceX's vision for a human colony on Mars. Image generated by AI.

    “Mars Is No Longer a Dream”: SpaceX’s Vision Evolves From Bold Idea to Concrete Plan for Multi-Million Human Colony

    June 13, 2025 at 6:00 AM
  • Security
    Illustration of a Chinese satellite capable of identifying human faces from over 62 miles away. Image generated by AI.

    “China Can See Your Face From Space”: New Spy Satellite Sparks Global Alarm With Its Unprecedented Orbital Surveillance Power

    June 10, 2025 at 3:53 PM
    Illustration of the F-15E Strike Eagle equipped with APKWS II rockets targeting drones. Image generated by AI.

    “We’ll Swat Them Out of the Sky”: U.S. Air Force Upgrades F-15E With 42 Drone-Killing Rockets in Explosive Power Boost

    May 28, 2025 at 10:00 AM
    Illustration of using Starlink satellites to detect stealth aircraft. Image generated by AI.

    “Elon Musk Cornered by Invisible Threat”: China’s New Tech Can Hijack Starlink Satellites and Unmask Stealth Aircraft

    May 27, 2025 at 12:02 PM
    Illustration of Homeland Security revoking Harvard's foreign student program due to alleged China ties. Image generated by AI.

    U.S. Government Revokes Harvard’s Foreign Student Access After Explosive Findings of Deep Connections to China

    May 26, 2025 at 11:56 AM
    Illustration of a damaged North Korean naval destroyer at launch. Image generated by AI.

    “North Korea’s Warship Launch Fails”: Second Naval Destroyer Suffers Major Damage in Stunning Blow to Kim’s Military Ambitions

    May 25, 2025 at 11:48 AM
  • Impact
    Illustration of Tor Alva, the tallest 3D-printed building in the world. Image generated by AI.

    This 3D-Printed Tower Just Broke a World Record as Tor Alva Rises Higher Than Any Structure Ever Made by a Machine

    June 17, 2025 at 9:49 AM
    Illustration of the Jeddah Economic Company Tower rising as the world's tallest skyscraper. Image generated by AI.

    “Unlimited Saudi Ambition”: World’s Tallest Tower Now Rising at Lightning Speed, Smashing Every Construction Record in Sight

    June 17, 2025 at 8:02 AM
    Illustration of the world's largest 3D construction printer installed at a school site in Doha, Qatar. Image generated by AI.

    Qatar Installs Giant 3D Beast: World’s Largest Construction Printer Could Reshape Cities and Shake Up the Global Building Industry

    June 12, 2025 at 9:52 AM
    Illustration of the Jeddah Economic Company Tower under construction in the Saudi Arabian desert. Image generated by AI.

    “Skyline Will Never Be the Same”: Saudi Arabia’s Tower Surges Past All Records as World’s Tallest Skyscraper Rises in Blinding Speed

    June 8, 2025 at 4:54 PM
    Illustration of the Jeddah Economic Company Tower rising in the Saudi Arabian desert as the future world's tallest skyscraper. Image generated by AI.

    “Tallest Tower Surges Ahead”: Saudi Arabia’s Sky-Piercing Giant Breaks Records as Construction Accelerates Beyond Predictions

    June 7, 2025 at 9:46 AM
  • Tech
    Illustration of a laser-based espionage device capable of reading text from nearly a mile away. Image generated by AI.

    “This Device Reads From 3,200 Feet Away”: Alarming Invention Can Decipher Book Pages Without Even Opening Them

    June 17, 2025 at 7:07 AM
    Illustration of the competitive dynamics between OpenAI's ChatGPT and Google's search engine. Image generated by AI.

    “ChatGPT Won’t Kill Google”: Sam Altman Downplays the Hype While Quietly Reshaping the Future of Search With Every New Update

    June 16, 2025 at 12:12 PM
    Illustration of Meta's AI platform showcasing user interactions and privacy concerns. Image generated by AI.

    “Meta’s AI App Exposes Private Chats”: Shocking Feature Lets Users ‘Discover’ Strangers’ Intimate Conversations With No Warning

    June 16, 2025 at 8:04 AM
    Illustration of Disney and Universal's legal battle against AI company Midjourney over copyright infringement. Image generated by AI.

    “Disney and Universal Strike Back”: Entertainment Giants Sue Midjourney Over AI Copyright Breach in Landmark Legal Showdown

    June 16, 2025 at 6:58 AM
    Illustration of global leaders in research and development intensity, highlighting Israel's commitment to innovation. Image generated by AI.

    Not China, Not the U.S.: This Surprising Nation Now Tops the World in R&D Spending and Is Quietly Rewriting the Innovation Map

    June 15, 2025 at 3:58 PM
  • Transport
    Illustration of a Cybertruck on autopilot with its driver playing Grand Theft Auto V on a highway. Image generated by AI.

    Shocking Highway Scene as Man Lets His Cybertruck Drive Autonomously While He Plays Grand Theft Auto Behind the Wheel

    June 17, 2025 at 6:00 AM
    Illustration of the UK accelerating plans for autonomous vehicle deployment on public roads. Image generated by AI.

    “UK Hits the Gas on Self-Driving”: Bold National Push Could Make Britain the First to Fully Legalize Autonomous Cars Across All Roads

    June 16, 2025 at 5:51 AM
    Illustration of Canada's decision to freeze $32 million in public aid for Tesla. Image generated by AI.

    Canada Shocks Tesla by Freezing $43 Million in Funding—This Sudden Political Blow Could Reshape the Future of Green Tech Deals

    June 14, 2025 at 5:56 AM
    Illustration of SpaceX's Starship preparing for a mission to Mars. Image generated by AI.

    “Mars in 2026 is 50/50”: Elon Musk Unveils Plan for SpaceX’s Biggest Starship Yet Launching by Year’s End, Raising Global Curiosity

    June 13, 2025 at 4:56 PM
    Illustration of a revolutionary hydrogen-powered aircraft concept unveiled by Airbus. Image generated by AI.

    “Airbus Unveils Revolutionary Hydrogen-Powered Aircraft”: This Groundbreaking Concept Is Set to Transform the Future of Aviation

    June 11, 2025 at 10:12 AM
  • English
Rude Baguette

Mangopay allows 10 million consumers to pay globally

Eirwen WilliamsEirwen WilliamsApril 18, 2016 at 4:04 AM0
Share Twitter Facebook LinkedIn Telegram WhatsApp Email Copy Link
Follow Us
Google News
Share
Twitter Facebook LinkedIn WhatsApp Email Copy Link

Mangopay-Illu

Last week, we interviewed two people contributing to the transformation of our money habits : We talked about the future of foreign exchange with Kantox’ CEO & Founder Phillipe Gelis, and the new lending solutions offered to SMEs with Lendix’ CEO & Founder Olivier Goy; both speakers at our upcoming event SPEND Paris.

Today we have the pleasure to interview Pierre Lion-Bessa, VP Sales of Paris-based Mangopay, who is going to speak at SPEND Paris as well, April 28th at Le Forum des Images in Paris.

RB: What is the role of Mangopay in the marketplace ecosystem? Why should marketplaces use Mangopay ?

A: The marketplace ecosystem is evolving very quickly. First, it has experienced an incredible growth of 53 percent in 2015, compared to the e-commerce in general whose growth reaches 15 percent. So marketplaces need their payment system to be totally frictionless and scalable. Second, the new regulation for payment services (PSD2) states very precisely that marketplaces should not at any time enter into possession or control of client funds. This has a major impact on the ecosystem.

When marketplaces choose Mangopay, they can rely on the fact that we take care of their entire payment workflow from end to end, including the pay-ins as most traditional payments methods do, but also the pay-outs, which makes it easy for them to scale up. Furthermore, as Mangopay holds an e-money issuer licence, we can hold the clients’ funds in segregated accounts on the behalf of the marketplaces. It makes them totally compliant with the new regulation.

RB: What is the main advantage of being part of Crédit Mutuel Arkéa today? How do you fit their vision?

A: Credit Mutuel Arkéa acquired 86% of Leetchi Group in September 2015. We have had a relationship with them for over 5 years as we worked closely together. Mangopay represents an exciting opportunity for CMA to expand its market share and have a complete offering. Many important marketplaces bank with them, but previously, CMA didn’t have any end-to-end payment solution like ours to provide their clients with. Thanks to the support of a major European bank, we are able to gain greater brand awareness. People appreciate Mangopay’s technology and now it’s become even easier to choose us as we are part of a major banking institution. Three of our new clients are among the top 10 marketplaces in Europe.

RB: Which type of marketplaces work best with your solution?

A: We offer a fully customizable API, so we can tailor the solution for each platform according to its needs and end-customers’ demands. For instance, it can be totally transparent for the final customers that we provide an e-wallet technology, as we are white-labelled. But some platforms, like Vinted, prefer to use the e-wallet as a marketing tool. Their sellers are often buyers too, so they can use their e-wallet to get the money of their sales and use it directly to buy other products, without having to enter their card details again. Vinted has also been very innovative with its wallet marketing by topping up directly the e-wallet when the clients reach a certain amount of purchases. These marketing offers are much easier to use than a voucher you receive by email, thus developing the number of in-app transactions.

RB: What is the biggest challenge scaling Mangopay ?

A: Today, over 1,000 platforms use Mangopay’s API with more than 10 million people globally paying in via our system. In 2015, we processed more than 200 million euros, and in 2016, we target to double the processed volume. This high growth implies we have to improve our API all the time to make payments and access easier. For instance, we recently released a WordPress plugin so that website can integrate the solution easily. Moreover, as our clients are scaling up so fast, we are always working with them to adapt our API to their needs.

RB: How do you see the future of payment ?

A: The boundaries between web and mobile payments on the one side and offline payments on the other side are getting thinner and thinner. We are now working with brick and mortar networks who have online stores and marketplaces. They want frictionless payment workflows between their stores and the purchases online, that’s a challenge we totally embrace.

If you want to learn more about how the way enterprises lend money is changing, join more than 500 professionals at the core of finance and technology convergence at SPEND Paris, sponsored by BNP Paribas. For this occasion, we lined up 25 speakers from San Francisco (Raphael Ouzan – VP of Product, Prosper), London (Philippe Gelis – Co-Founder & CEO, Kantox), Berlin (Christian Tiessen – Co-Founder, Savedo) and, of course, Paris (Jérôme Traisnel – Co-Founder & CEO, SlimPay). If you are interested in attending the event, you can still get your ticket below, and if you are a startup, the ticket’s price is only €39 instead of €149.

<div style=”width: 100%; text-align: left;”><iframe width=”100%” height=”385″ frameborder=”0″ scrolling=”auto” marginheight=”5″ marginwidth=”5″ src=”//eventbrite.com/tickets-external?eid=21516269742&amp;ref=etckt”></iframe></div>

Did you like it? 4.6/5 (21)

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

E-commerce fintech mangopay payments
Follow on Google News Follow on X (Twitter)
Share. Facebook Twitter LinkedIn Telegram WhatsApp Email Copy Link
Previous ArticleJoin us for our 10th & final #ParisFounders meetup
Next Article Tilt brings the social touch to the French crowdfunding landscape
Related Posts

FRENCHTECHFRIDAY : Freelancers now get to Shine

Introducing the European FinTech RUDEscape

How Personal Finance Technology has evolved in Europe in the last six years

Add A Comment
Leave A Reply Cancel Reply

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

Trending
Illustration of a robot solving a Rubik’s Cube in record-breaking time. Image generated by AI.
Robot Destroys World Record by Solving Rubik’s Cube Faster Than a Blink, Leaving Even Experts in Total Disbelief
Illustration of Tor Alva, the tallest 3D-printed building in the world. Image generated by AI.
This 3D-Printed Tower Just Broke a World Record as Tor Alva Rises Higher Than Any Structure Ever Made by a Machine
Illustration of the universe functioning as a giant computer algorithm. Image generated by AI.
“We’re Living in a Simulation”: Renowned Physicist Claims to Have Finally Found Irrefutable Proof of This Astonishing Reality
News by category
  • English
  • Tech
  • Finance
  • Leisure
  • Transport
  • Science
  • Security
  • AI & Robotics
  • Energy
  • Sustainable Development
Information
  • Meet the Team
  • Legal notice
  • Privacy policy
  • About Us
  • Advertising
  • Contact Us
  • About Us
  • Advertising
  • Contact Us

Subscribe to Our Newsletter

News, investigations, and analysis — our top stories every morning to start your day right.

Facebook X (Twitter) RSS
© RudeBaguette.com. All rights reserved.

Type above and press Enter to search. Press Esc to cancel.