Mangopay announces board expansion with appointment of ‘industry expert’

Mangopay, a modular and flexible payment infrastructure provider for platforms and marketplaces, announces the appointment of Liz Oakes to its Board as a Non-Executive Director.

Liz brings a wealth of experience and insight from a long career in the payments industry. Liz was most recently based at Mastercard, where she held executive roles in the company’s payments businesses and other global positions leading strategy, market and product development.

Before joining Mastercard, Liz was a payments expert in consulting at McKinsey and KPMG where she provided strategic advice and advisory services to central banks, financial institutions and clients from the payments industry with a specific focus on cross-border payments and the roll out of real time payments, open banking and embedded payments.

Mangopay, which was acquired by Advent International in 2022, has been providing its modular payment infrastructure since 2013 and counts leading European and global marketplaces among the companies it supports. Marketplaces choose Mangopay for its flexible modular approach to create a tailored payments infrastructure to meet their needs.

Liz joins at a period of growth for the company as it scales across Europe to address the needs of the rapidly growing B2C and B2B marketplace industries.

Romain Mazeries, CEO of Mangopay, commented: “Liz joins us at such an exciting time in our journey and we are delighted that she will be a part of our Board, to help us design and articulate the next steps of our strategic development at Mangopay.

“Liz’s world-class experience will be a great asset to us as we elevate the company to its next level of growth.”

Liz added: “Mangopay has a unique opportunity which sets the company apart in a very exciting area of the ecommerce market. I am delighted to be joining the company at this key stage of growth.

“I am looking forward to working with Romain and his leadership team, along with Mangopay’s Chairman Xavier Garambois and the rest of the Board, to accelerate the growth of this fantastic business.”

By Matthew Neville – Senior Correspondent, Bdaily

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