Mangopay acquired Whenthen for an undisclosed amount.
The acquisition comes four months after Mangopay bought fraud detection and prevention company Nethone.
The two acquisitions are facilitating the launch of Mangopay’s five new products, including Fraud, FX, Orchestration, and Integration; and two new solutions, including Rental Marketplaces and Retail Marketplaces.
Payment technology company Mangopay announced it has acquired payments orchestration startup WhenThen, and has already merged the Ireland-based company’s technology into its own. Financial terms of the deal are undisclosed.
Under the agreement, WhenThen’s employees and products are now operating under the Mangopay brand. WhenThen Co-founder Kirk Donohoe has been brought on to Mangopay’s team to serve as Chief Product Officer.
WhenThen was founded in 2021 to help merchants integrate, test, build, and orchestrate payment experiences through its no-code editor. The company offers a range of payment solutions, including Checkout, Tokenization, Fraud, and PaymentOps.
Mangopay offers a modular approach to e-wallet, payments, and multi-currency payout technology; as well as solutions for C2C, B2C, B2B, and crowdfunding marketplaces. With WhenThen’s technology integrated into its own tools, Mangopay customers will be able to build and configure payment flows such as smart routing, increase local conversion rates, add new payment methods at checkout, store and access customer card data, and leverage payment insights via an operations dashboard.
“Acquiring WhenThen enables Mangopay to rapidly accelerate its payment capabilities whilst providing the best payment experiences in the market,” said Mangopay CEO Romain Mazeries. “It represents a strategic asset for our growth plans, following the acquisition of Nethone in 2022 that strengthened our fraud capabilities.”
Today’s announcement marks Mangopay’s second acquisition. The company bought fraud detection and prevention company Nethone in November of last year. The two purchases have already helped Mangopay broaden its offerings. The company is planning to launch five new products, including Fraud, FX, Orchestration, and Integration; and two new solutions, including Rental Marketplaces and Retail Marketplaces.
Mangopay was founded in 2013 and is headquartered in Luxembourg. The company counts Vinted, LeBonCoin, Chrono24, and Wallapop among its clients.
Photo by Keira Burton
