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Mangopay
Luxembourg
2013 (12 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Mangopay
Company Information
Get to know Mangopay
MANGOPAY is an online payment technology designed for marketplaces, crowdfunding platforms and sharing economy businesses. Built by an entrepreneur for entrepreneurs, MANGOPAY takes away the pain of back system payments for growing businesses by embedding white-label technology tailored to each customer that can accept multi-currency payments and pay out automatically. The MANGOPAY technology seamlessly creates individual e-wallets for buyers and sellers, where funds can be held securely for as long as needed. The end-to-end payment solution is unique in the market due to MANGOPAY’s E-Money Issuer license, which enables businesses to accept payments, hold the funds in escrow and pay out with ease, speed and efficiency.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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