Sprinque and Mangopay join forces in the payments market

B2B payment platform Sprinque announces its partnership with MangopayProvider of modular and flexible payment infrastructures for marketplaces and platforms.

This collaboration enables companies and marketplaces to benefit from comprehensive and customizable infrastructure and payment terms. This allows them to increase their sales by taking advantage of cross-border B2B opportunities.

Commitment to driving innovation in payments for B2B marketplaces

The announced partnership between Mangopay and Sprinque underscores both companies’ commitment to driving innovation in payments for B2B marketplaces.

Founded in Amsterdam in 2021, Sprinque is a B2B payments platform that helps merchants and marketplaces expand globally by enabling seamless purchasing with businesses. Sellers can conveniently serve international buyers by offering them the flexibility of the net payment terms they need to complete the transaction, while risk and fraud management and other financial operations are managed by Sprinque. Sprinque is headquartered in Amsterdam and has offices in Berlin and Madrid.

Mangopay was founded in 2013 and, thanks to its modular payment infrastructure, offers support for various business models in the so-called platform economy. The company has supported more than 2,500 platforms and marketplaces through its programmable e-wallet solution and end-to-end payment infrastructure ranging from deposit to withdrawal.

Market reports suggest that the B2B marketplace sector has grown 8.6x since 2015, meaning the payment experience continues to play a key role in the growth of companies in this sector.

The collaboration between Sprinque and Mangopay aims to provide B2B marketplaces with a robust set of tools and a wide range of payment methods to manage their payment flows more flexibly, including for those who want to adopt a BNPL (buy now, pay later) for their B2B -Customers.

Read Also:  Automating Reporting And Analytics Processes

Juan Espinosa, CEO of SprinqueExpressed: “We are very excited about this partnership between Mangopay and Sprinque as it is a collaboration in an ecosystem where ambitious international merchants, both B2C and B2B, will have access to consumer and business tools to ensure they are able to do so.” We capture and serve both sides of the coin, B2C and B2B.”

“Furthermore, we are fully aligned with Mangopay’s vision of seizing the opportunity on a global scale, so we cannot imagine a better partner for us at this time.”

Derrick Lynagh, Head of Sales and Partner at Mangopay, has explained: “Our goal is to strengthen the infrastructure and payments operations of the world’s largest and most innovative marketplaces and platforms.” “We are committed to finding new ways to help our platform customers build and manage payments infrastructure that helps them to help scale their business.”

“Partners like Sprinque are an important part of our strategy and collaborations like this further strengthen our offering to marketplaces and B2B platforms.” “We are excited to enter into this new partnership to offer B2B marketplaces the opportunity to meet the demand for greater to accommodate a variety of payment methods.”

Recent Articles

Related News

Leave A Reply

Please enter your comment!
Please enter your name here