Luxembourg · Payments & e-money

Mangopay SA

MANGOPAY S.A. is a Luxembourg public limited company (société anonyme). The Commission de Surveillance du Secteur Financier (CSSF) authorises it as an electronic money institution, and it provides payment services across the European Economic Area. Advent International acquired the firm in 2022. The firm's terms describe it as a subsidiary of a US-based company. It provides online marketplaces and platforms with API-based wallet infrastructure, pay-ins, payouts, FX, virtual IBANs and fraud-prevention tools. The users of those platforms hold Mangopay accounts under its terms. It has branches in France, Spain and Germany. Users of UK-based platforms are served by a separate entity, Mangopay U.K., which the Financial Conduct Authority authorises.

BICMAGYLUL1XXX LEI222100BHJ657QD6M2U49 Licence no.W00000005 Passive participant (no connection)This BIC is registered for identification only. The institution has no direct connection to the Swift network. Messages and payments reach it through a correspondent bank. The “1” in the eighth character of MAGYLUL1 marks a passive participant. Head-office BIC only Claim this profile

Licences and registrations

Held by Mangopay S.A. (LEI 222100BHJ657QD6M2U49). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.

RegisterLicenceNumberJurisdictionStatusRegisteredEndsActivitiesRegister entry
EBA PSD2 RegisterCommission for the Supervision of Financial SectorLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. Electronic money institutionE-Money / Stored Value Institution W00000005 Luxembourg Active 2012-12-31 —
  • Payment services
  • Card acquiring
  • E-money / stored value
Search the register ↗
  • Licences belong to the legal entity, not to a BIC.
  • Each licence applies in the country of the regulator that granted it.
  • Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
  • The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.

European registers

ECB · monetary financial institutions

List as at 2026-09-25

Category
Other monetary financial institution
Minimum reserves
Not on the ECB reserve list
Listed as
MANGOPAY S.A.
RIAD code
LUW00005

Entries are matched on the LEI. Each register is quoted as its publisher lists it.

Swift network

Swift’s ISO 9362 BIC directory

BIC
MAGYLUL1XXX head office
Connection to Swift
Passive participant (no connection)This BIC is registered for identification only. The institution has no direct connection to the Swift network. Messages and payments reach it through a correspondent bank. The “1” in the eighth character of MAGYLUL1 marks a passive participant.
Swift GPI
Not on the member list
Payment schemes and systems
SCT · SCT Inst · VOP · TIPS
Branch codes
None: head-office BIC only
Other BICs with this LEI
MPAYDEB2 · MPAYDEB3 · MPAYESM2 · MPAYFRP1
BIC first registered
2016-06-04
Last updated
2017-10-17

Overview

Researched 29 Sep 2026 · Sources

Customers

350,000,000

users · Group · 21 May 2026 · company statement ↗

Employees

Not published

Ownership

Privately held

Firm type

E-money and accounts

Trades as Mangopay

Ownership
Funds managed by Advent International acquired the firm in April 2022, and its terms describe it as a subsidiary of a company based in the United States.
Ultimate owner
Advent International, United States
Head office
4 rue du Fort Wallis, L-2714 Luxembourg, Luxembourg
Company register
Luxembourg RCS B173459
Founder
Romain Mazeries

Online

Websites & references
mangopay.com ↗
docs.mangopay.com ↗ developer documentation
blog.mangopay.com ↗ blog
hub.mangopay.com ↗ client dashboard login
mangopay.com/en-gb ↗ UK site of the sister entity Mangopay U.K.
Wikipedia ↗ group article
Official social accounts
LinkedIn ↗ · X ↗ · YouTube ↗
Sources · 12 pages consulted
  1. mangopay.com/legal-notice
  2. mangopay.com/terms-and-conditions
  3. mangopay.com/terms/payment-services/2026/Terms%20and%20conditions%20for%20Mangopay%20Payment%20Service
  4. eu-central-1-shared-euc1-02.graphassets.com/A6NPNWwURR3aAqvSW3l08z/cmihducuga7xg07vyrs69upxt
  5. mangopay.com/en-gb/terms-and-conditions/e-money
  6. mangopay.com/about-us
  7. mangopay.com/press-and-media/mangopay-announces-sergi-herrero-as-new-ceo
  8. mangopay.com/press-and-media/mangopay-extends-long-standing-payments-partnership-with-vinted
  9. mangopay.com/press-and-media/mangopay-announces-the-appointment-of-mark-fleming-as-chief-commercial-of
  10. fintechfutures.com/job-cuts-new-hires/andy-wiggan-joins-mangopay-as-new-cpo
  11. pymnts.com/newswire-announcements/mangopay-report-platforms-still-struggle-with-fragmented-and-manua
  12. en.wikipedia.org/wiki/Mangopay

Authorisation

Researched 29 Sep 2026 · Sources

Operates under
Its own licences

The CSSF authorises the firm as an electronic money institution, and it provides payment services throughout the European Economic Area. It also operates through branches in Paris, Madrid and Berlin.

AuthorityLicence or registrationNumberHeldStatusSource
Commission de Surveillance du Secteur Financier (CSSF) Luxembourg Electronic money institution W00000005 In its own name Active mangopay.com ↗

Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.

Partners and safeguarding

Researched 29 Sep 2026 · Sources

Safeguarding
Segregated safeguarding accountsThe firm states that funds it holds for users are protected under Luxembourg's law of 10 November 2009, and its e-money terms state that collected funds are deposited daily with credit institutions and kept outside its assets in an insolvency.mangopay.com ↗
Safeguarding bank
Crédit Mutuel Arkéa France eu-central-1-shared-euc1-02.graphassets.com ↗
Safeguarding bank
ING Luxembourg Luxembourg eu-central-1-shared-euc1-02.graphassets.com ↗
Payment schemes and card networks
SEPA Credit Transfer Access not stated mangopay.com ↗
Visa Access not stated eu-central-1-shared-euc1-02.graphassets.com ↗
Mastercard Access not stated eu-central-1-shared-euc1-02.graphassets.com ↗
CB (Cartes Bancaires) Access not stated eu-central-1-shared-euc1-02.graphassets.com ↗

Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.

Products and markets

Researched 29 Sep 2026 · Sources

  • E-money wallet
  • Payouts and mass payments
  • Merchant acquiring
  • Multi currency accounts
  • FX conversion
  • Domestic payments

It supplies marketplaces and platforms with wallets, pay-in processing, payouts, virtual IBANs, FX and fraud and identity tools, and the platforms' buyers and sellers hold e-money accounts with it.

It serves users of platforms located in the EU and EEA under its Luxembourg licence, while a separate UK entity serves users of UK-based platforms.

Sells to
Platforms and marketplaces · Enterprises · Small businesses · Consumers
Serves customers in 30 countries
Luxembourg · France · Germany · Spain · Italy · Netherlands · Belgium · Austria · Ireland · Portugal · Poland · Sweden · Denmark · Finland · Lithuania · Latvia · Estonia · Czechia · Slovakia · Slovenia · Croatia · Hungary · Romania · Bulgaria · Greece · Cyprus · Malta · Iceland · Liechtenstein · Norway

Leadership

Researched 29 Sep 2026 · Sources

Chief executive
Sergi Herrero Chief Executive Officer Confirmed 29 Sep 2026 · mangopay.com ↗
Executive
Mark Fleming Chief Commercial Officer Confirmed 21 May 2026 · mangopay.com ↗
Executive
Andy Wiggan Chief Product Officer Confirmed 28 Apr 2026 · pymnts.com ↗

Recent events

Researched 29 Sep 2026 · Sources

  1. Other

    Vinted extended its partnership with the firm as its payment service provider across Europe.

    mangopay.com ↗
  2. Leadership

    The firm appointed Andy Wiggan, formerly of GoCardless and Spotify, as Chief Product Officer.

    fintechfutures.com ↗
  3. Leadership

    The firm appointed Sergi Herrero as Chief Executive Officer, succeeding Romain Mazeries, who remained on the board.

    mangopay.com ↗
  4. Leadership

    The firm appointed Mark Fleming, formerly of Worldpay, as Chief Commercial Officer.

    mangopay.com ↗

Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.

Identifiers

Head-office record

BIC
MAGYLUL1XXX
How the BIC breaks down
  1. MAGYBank
  2. LUCountry · Luxembourg
  3. L1Location · passive
  4. XXXBranch · head office
Branch description
Not recorded in the directory
LEI
222100BHJ657QD6M2U49
LEI record
View on GLEIF ↗
Licence no. · EBA-PSD2
W00000005
How the LEI was matched
BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate to GLEIF on name, country and address.
Register-entry ID
dc74c07d6721
National bank code
IBAN bank code 805

Profile

Type
Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
Regulation
Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
Register licences
1 entry on 1 register
Activities
  • Payment services
  • Card acquiring
  • E-money / stored value
Licensed in
Luxembourg
Country · region
Luxembourg · Europe & Central Asia
Banking supervision
Not on the ECB's list of supervised entities as of 2026-07-01
Trading venues (MIC)
No MIC registered under this LEI list of 2026-09-17
OFAC sanctions
No listing cites this BIC
EU sanctions
No listing matched this BIC or its LEI
Country sanctions
No country programme

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

Ownership and group

GLEIF relationship records

GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.

Addresses

Registered address
59 BOULEVARD ROYAL LUXEMBOURG 2266 LUXEMBOURG
Operational address
59 BOULEVARD ROYAL LUXEMBOURG 2266 LUXEMBOURG LUXEMBOURG

ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

Identified by
BIC, with its LEI
Roles in CBPR+
Debtor agent, creditor agent or an intermediary agent

CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

<FinInstnId>
  <BICFI>MAGYLUL1XXX</BICFI>
  <LEI>222100BHJ657QD6M2U49</LEI>
</FinInstnId>

Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

<FinInstnId>
  <BICFI>MAGYLUL1XXX</BICFI>
  <LEI>222100BHJ657QD6M2U49</LEI>
  <Nm>MANGOPAY SA</Nm>
  <PstlAdr>
    <TwnNm>LUXEMBOURG</TwnNm>
    <Ctry>LU</Ctry>
    <AdrLine>59 BOULEVARD ROYAL LUXEMBOURG 2266</AdrLine>
  </PstlAdr>
</FinInstnId>

This BIC is not connected to Swift. Messages reach the institution through a correspondent bank, so it cannot be the instructing or instructed agent.

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

Payment schemes and systems

EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28

Scheme or systemSinceRegistered withNote
SEPA Credit TransferISO 20022 messages 2016-07-18 Head office —
SEPA Instant Credit TransferISO 20022 messages 2024-10-07 Head office —
Verification of Payee 2025-10-05 Head office —
TIPS (TARGET Instant Payment Settlement)ISO 20022 messages — Head office —

SEPA dates are when the institution became ready for the scheme. TIPS entries have no joining date.

An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.

“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.

National bank codes

IBAN bank code · Luxembourg

1 code

CodeRoutes to BICName in the national file
805 MAGYLUL1 MANGOPAY S.A.

Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.

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Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

Read the methodology →

Credits for this page

  • Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of TIPS participants and reachable parties.
  • National bank codes—Luxembourg (Source: ABBL).
  • EBA PSD2 Register—European Banking Authority (EBA) · register ↗ as at 25 September 2026
  • Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
  • European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Matched on LEI by Elucidate.
  • Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: mangopay.com (official website) · original.

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