Vinted renews Mangopay partnership to power its booming resale platform
Second-hand marketplace Vinted has extended its long-running payments partnership with Mangopay. The renewed deal will keep supporting the platform’s wallet infrastructure, payment processing, and payout services across Europe. This collaboration has played a key role in Vinted’s growth from a small startup to one of the continent’s largest resale platforms.
Vinted first partnered with Mangopay to handle its complex payment flows as the business expanded. The wallet-based system allowed the company to manage transactions smoothly between buyers and sellers in multiple markets. Over time, this flexibility helped Vinted test different fee structures and monetisation models while scaling its user base.
Recent data shows that 43% of platform users now prefer wallet-based payment experiences. This shift highlights how embedded financial tools are becoming essential in marketplace economies, where people frequently switch between buying and selling. Mangopay’s infrastructure has enabled Vinted to adapt its business model as second-hand commerce grows in popularity. The extended partnership comes as demand for specialised payment solutions rises. Platforms like Vinted rely on systems that can handle multi-party transactions efficiently. With economic pressures and sustainability concerns driving more consumers toward resale, such infrastructure has become a cornerstone of the circular economy.
The renewed agreement ensures Vinted will keep using Mangopay’s technology to power its financial operations. Wallet-based payments will remain central to the platform’s user experience as it continues expanding. The deal also reflects broader trends in platform commerce, where seamless payment systems are increasingly vital for growth.