Founded in 2012, MANGOPAY SA, a subsidiary of Leetchi SA, owns an e-money issuer license which was granted by the CSSF, in accordance with the law of 10 November 2009 relating to payment services. MANGOPAY SA edits the payment solution MANGOPAY.
Leetchi Group is a subsidiary of Credit Mutuel Arkéa.
The group employs 40 people based in Paris, London and Luxembourg and is due to open new offices across Europe, begining with Barcelona and Berlin.
“Back to 2009 when we launched Leetchi.com, the now leading group payment service in Europe, we had to build our own payment solution from scratch as we needed to managed payments for third parties. At that time there wasn’t any easy-to-use tools complying with EU regulations.
Then we decided to open our technology to other websites. Anyone can accept payments and manage e-money with our white-label solution.
On top of this, we add features for collaborative economy players like marketplaces, crowdfunding platforms and all C2C business models companies.”
Céline Lazorthes, Founder and CEO of the Leetchi Group