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Mangopay

✓ Verified by EU Alts

White-label payment infrastructure for marketplaces and platforms — a Luxembourg alternative to Stripe Connect.

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Overview

Mangopay builds fintech and payments software since 2013 and is listed with a Luxembourg City, Luxembourg base. Its EU presence does not change its ownership: EU Alts has verified that Mangopay is owned by Advent International (United States), so it may still fall under the reach of the US CLOUD Act — worth weighing against Stripe on this specific point.

Why European teams pick Mangopay

Teams in Europe still consider Mangopay for its fintech product and Luxembourg presence, operating since 2013, but unlike a fully EU-owned provider, Mangopay is owned by Advent International (United States) — so it does not fully avoid US CLOUD Act exposure the way some other alternatives to Stripe do.

See more EU fintech tools or browse other startups from Luxembourg.

About

Mangopay is a Luxembourg-based payment infrastructure provider specialising in marketplace and platform payments. It handles the complexity of split payments — where funds must be collected from buyers and distributed to multiple sellers or service providers — with built-in escrow, KYC/KYB verification, and payout management. Mangopay is regulated as an Electronic Money Institution (EMI) in Luxembourg and passported across the EU. It is the payment infrastructure of choice for European marketplaces, sharing economy platforms, and crowdfunding platforms that need compliant multi-party payment flows. Mangopay's API-first approach and EU regulatory standing make it the EU equivalent of Stripe Connect.

Details

Founded
2013
Headquarters
Luxembourg City, Luxembourg
Ownership
Owned by Advent International (United States)
CLOUD Act
Exposed
Verified
2026-07-31
Last checked
2026-07-31
Company size
200+ employees

Categories

Compare with the US product you may be replacing

Mangopay is listed in a category that our US-product comparison pages cover. See every EU option side by side:

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Frequently asked questions

What does Mangopay do?

Mangopay is white-label payment infrastructure for marketplaces and platforms — a luxembourg alternative to stripe connect. It is listed under fintech and payments on EU Alts because its core functionality serves teams looking for a European fintech tool with EU data residency, typically as a switch away from Stripe.

Is Mangopay GDPR compliant?

Mangopay is listed with a Luxembourg City, Luxembourg base, but its recorded ownership is based in United States, so EU jurisdiction is not assumed. However, EU Alts has verified that Mangopay is owned by Advent International (United States), which means — unlike a fully EU-owned provider — it may still be reachable under the US CLOUD Act, similar to Stripe in that respect.

How do teams switch from Stripe to Mangopay?

Teams evaluating a move from Stripe to Mangopay should note: Mangopay is owned by Advent International (United States), so this switch narrows but may not fully close the US CLOUD Act gap. Weigh that against the fintech workflow fit before treating it as a complete Schrems II fix.

Where is Mangopay based?

Mangopay is headquartered in Luxembourg City, Luxembourg. The company was founded in 2013. Its main website is https://www.mangopay.com.