Spryker and Mangopay unite to craft the future of online platforms. Their combined prowess promises seamless integration, from onboarding to payment processing. An alliance set to elevate the marketplace experience.
In a move set to redefine the platform landscape, Mangopay, a platform-specific payment infrastructure provider and Spryker, a leading composable commerce platform for sophisticated use cases in B2B Commerce, Enterprise Marketplaces, and Thing Commerce, have announced a strategic alliance. This collaboration is dedicated to empowering businesses in building seamless marketplaces — from seller onboarding to payment processing. It further underscores the commitment of both companies to enhance the platform industries by leveraging their distinctive strengths and capabilities.
Through the ever-changing platform landscape, businesses continue to seek flexible, secure and experienced technology partners to future-proof payments experiences and build customer experience. The partnership, which officially starts in September 2023, is set to redefine the landscape of online marketplaces by offering a holistic solution that addresses key challenges faced by businesses in this space. Both Spryker and Mangopay prioritise innovation and putting their customers first. Together, they aim to provide exceptional value to their clients.
As the marketplace industry continues to grow and is projected to reach 8.7 trillion dollars by 2025, the payment experience remains a key differentiator. Mangopay, in its strategic alignment with Spryker, reaffirms its dedication to pioneering advancements in the fintech industry. The partnership’s key objectives centre around delivering exceptional value to mutual customers, providing them with the tools and capabilities needed to excel in the dynamic online marketplace landscape. By leveraging Spryker’s best-of-breed composable platform and Mangopay’s secure and reliable payment infrastructure, the two companies aim to empower businesses to create efficient, successful, and scalable online marketplaces.
Mangopay, in its strategic alignment with Spryker, reaffirms its dedication to pioneering advancements in the fintech sector, says Luke Trayfoot, Chief Revenue Officer at Mangopay. ”This alliance allows us to provide our customers with enhanced services in the platform industry. Merging the top-tier technology from both our companies paves the way for novel opportunities for online enterprises.”
“We are thrilled to collaborate with Mangopay to provide enterprises with a strong offering that enables them to build their marketplace faster,” said Manishi Singh, SVP App Composition Platform at Spryker. “With Mangopay’s powerful payment structure and Spryker’s best-of-breed composability, customers will be able to efficiently build a seamless marketplace experience for both operators and end-users.”
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