About Mangopay
New partnership set to transform Germany’s largest automotive marketplace with trusted transactions and a significantly improved user journey
Mangopay empowers the platform economy with its modular payment infrastructure. Created in 2013, Mangopay has supported 2,500+ platforms and marketplaces. Built around its programmable e-wallet solution, Mangopay’s end-to-end infrastructure covers platform payment needs, from pay-in to payout, for many platform business models and workflows. In March 2023, Mangopay was named “Best Platform and Marketplace Provider” at the Merchant Payments Ecosystem (MPE) Awards for providing best-in-class payment services to marketplaces and platforms and in October 2023 it was named one of FXC Intelligence’s most promising cross-border payment companies. www.mangopay.com
Using Mangopay’s wallet-based payment technology, following an easy money transfer process, consumers buying a car through mobile.de’s marketplace can rest assured that their funds will be transferred only once they confirm that the purchase is safely in their hands and they are happy with it. Sellers are also given peace of mind that the funds are being processed in a trusted environment and the transaction will be made into an account of their choice. The new end-to-end user journey means consumers do not need to leave the mobile.de-branded experience which they know and trust.
mobile.de is Germany's largest vehicle market with around 1.4 million advertised cars, commercial vehicles and motorbikes. Both private customers and more than 40,000 registered vehicle dealers use the platform. Leveraging the advertising reach of its sister platform Kleinanzeigen, mobile.de offers car dealers a reach of 20 million individual users per month (source: AGMA digital facts; mobile.de, classifieds (categories: cars, motorbikes, commercial vehicles, motorhomes); average month April 2022 to March 2023). As a "one-stop shop", mobile.de's offering includes financing and leasing solutions in addition to buying and selling.