Business expansion
Location of affected unit(s)
France, UK and other locations
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

250 jobs
Number of planned job creations
Job creation
Announcement Date
6 April 2022
Employment effect (start)
6 April 2022
Foreseen end date


The American fund Advent International, which bought Mangopay – a payment platform aimed at professionals (BtoB) – from the Crédit Mutuel Arkea group, has announced to recruit 250 people for the platform worldwide, with 150 new jobs only in France (Mangopay2022 - FR). New roles will be in engineering, production, sales, and customer service.

Advent International plans to invest €75 million in Mangopay, which operates in France, Spain, Italy, Germany, the United Kingdom, the Netherlands, and Luxembourg. Mangopay's ambition is to consolidate its position in Europe and to expand in the short term in Scandinavia, Portugal, and Poland.

Mangopay is an electronic money institution licensed to provide services in the European Union and employs 230 people across Europe.



Eurofound (2022), Mangopay, Business expansion in World, factsheet number 106619, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106619.