Mangopay teams up with fintech platform Kriya
Payments firm Mangopay has unveiled a strategic partnership with online business lender Kriya.
Mangopay’s B2B Marketplace customers can now enjoy access to payment options facilitated by Kriya, as well as cash flow management tools.
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“Mangopay, in its strategic alignment with Kriya, reaffirms its dedication to pioneering advancements in the fintech sector,” said Luke Trayfoot, chief revenue officer at Mangopay.
“Kriya’s commitment to facilitating seamless access to B2B payments and credit resonates with Mangopay’s ethos of providing a streamlined, state-of-the-art payment infrastructure.”
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With Kriya, business buyers can purchase goods and pay later for up to 90 days. At the same time, sellers receive payment upon the shipment of goods, making the Kriya payment method a beneficial tool for the cash flow management of both sellers and business buyers.
“B2B e-commerce is growing rapidly, with many marketplaces and merchants needing a new suite of payment and credit options to let their business flow,” said Anil Stocker, chief executive and co-founder of Kriya. “Our partnership with Mangopay, a leading player with extensive reach in B2B marketplaces, positions us to deliver a better customer experience to Mangopay’s merchants. This partnership is a great example of two leading fintechs working together to better serve B2B marketplaces by offering them frictionless access to payment options.”.
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