Vinted extends Mangopay payments tie-up across Europe

Vinted has extended its payments partnership with Mangopay across Europe, continuing a relationship that has lasted for more than a decade.

Under the agreement, Mangopay will continue to provide wallet infrastructure, payment processing, and payouts for the second-hand marketplace, alongside Vinted's in-house payment service provider, Vinted Pay.

Vinted has relied on Mangopay as it grew from an early marketplace into one of Europe's larger reCommerce platforms. Its payment setup supports transactions between buyers and sellers across multiple countries, offering local and international payment methods and enabling sellers to receive funds in different currencies.

The renewed deal highlights how central payment systems have become to online marketplaces, which must manage money flows between several parties in a single transaction. For Vinted, that means moving funds between buyers, sellers and the platform itself across borders.

Mangopay has also helped Vinted shape business and revenue models in different consumer markets. Its wallet structure has supported various fee arrangements as the marketplace refined how it earns money from platform activity.

Marketplace payments

Multi-party payments have become a core issue for platform businesses. They must collect money from one user, direct it to another and often retain a fee, while meeting regulatory requirements and local market expectations. Operators in second-hand retail face added complexity because they must support frequent small transactions and seller payouts at scale.

That has made specialist providers more important as marketplaces expand internationally. A wallet-based payment system can also help keep money circulating within an app or platform, as users who sell goods may then use the proceeds to buy other items.

Mangopay cited research showing that 43% of platform users prefer wallet-based payment experiences, arguing that the model suits reCommerce platforms where users often switch between selling and buying.

Vinted has made second-hand trading a mainstream online activity in several European markets, benefiting from pressure on household budgets and broader consumer interest in reuse. Its scale has increased demands on its payment operations, especially as cross-border transactions have become a larger share of marketplace activity.

Modestas Tursa, VP for Payments at Vinted, explained why the company has maintained the partnership. "We chose to build our marketplace model with Mangopay at a time when few providers truly understood multi-party payments. Their wallet-based infrastructure has given us the flexibility to manage complex money flows and support the evolution of our business model," Tursa said.

"Today, the payments landscape is more competitive, but Mangopay continues to lead and offer platform-focused capabilities. We have ambitious plans ahead, and we value working with a partner that understands both our history and our future."

Sector growth

The extension comes as second-hand platforms look to turn strong user activity into sustainable revenue. Payment providers can shape that effort by determining how easily a marketplace can introduce new fee structures, adjust payouts or tailor payment options to local markets.

For Vinted, those decisions have been important in balancing user growth with monetisation across countries. A marketplace operating across Europe must account for local payment habits, currency needs and differing expectations for how quickly sellers receive their money.

Founded in 2013, Mangopay has processed more than €150 billion, created 700 million wallets and onboarded 350 million users. Its clients include marketplaces and retail platforms such as Wallapop, Storefund and Debenhams.

The provider has positioned itself around services for platforms rather than conventional online merchants. That focus reflects a broader shift in digital commerce, as businesses increasingly need payments systems that can handle split settlements, cross-border transfers and embedded financial functions within apps and marketplaces.

Mark Fleming, Chief Commercial Officer at Mangopay, said the relationship with Vinted had mirrored the rise of platform-based commerce.

"Vinted trusted our wallet-first infrastructure long before platform-based business models became established as scalable and sustainable revenue models. They anticipated how the platform economy would evolve and chose the infrastructure built for that future. Together, we have demonstrated how a multi-party payments framework operates successfully and the value it creates for buyers, sellers, and the platform itself," said Fleming.

"We are proud of what we have built together and excited for what comes next."