Payment solution provider Mangopay has announced a new partnership with UK’s largest car sharing community Liftshare. Simultaneously the company released it now has over 50 customers in the UK. Mangopay earlier this year opened an office in London to expand the reach of its payment platform. Mangopay targets crowdfunding platforms and collaborative communities for its services. Liftshare offers a car sharing service to a community of 420,000 users. The company will now use the Mangopay API to provide its users with a secure paying experience.
Clients using the Mangopay API include Vinted, Vestiaire Collective, Ulule, Crowdrooster, Crowd2fund, BankToTheFuture and Farmdrop. Mangopay processed over £100 million in 2014.
Céline Lazorthes, Founder and CEO of Mangopay commented on the new arrangement:
“We are very pleased to welcome Liftshare on-board. Liftshare is a leader in the collaborative economy and we are glad that our technology will enable their dedicated community to continue to enjoy the invaluable service that Liftshare provides. Following our UK launch, we hope Liftshare will be the first of many new UK customers.”
The Mangopay API was launched in May 2013 with more than 400 European clients. The group employs 30 people in Paris, London and Luxembourg and is backed by venture capitalists such as Kima Ventures (Xavier Niel), Idinvest and 360 Capital Partners. Since being created, the group has raised €7 million. MANGOPAY is part of The Leetchi Group which runs Europe’s leading online group payment solution, Leetchi.com, which was launched in November 2009 and has more than 3 million clients.
