- The Canadian company Katipult launches its bespoke P2P lending software in the UK.
- It partners with the innovative payments company MANGOPAY in order to bring a comprehensive and compliant P2P lending solution to the UK market.
London, October 19th, 2016. Katipult is pleased to announce its partnership with MANGOPAY to bring a disruptive lending solution to the UK market. As lending platforms are flourishing, the need to have a secure and flexible transaction environment to manage the incoming and outgoing payment flows is crucial. That’s why Katipult created a powerful P2P lending software which facilitates the entire investment process from marketing and distribution through to investor tax reporting.
Launching its solution in Europe, Katipult decided to partner with MANGOPAY to enable platforms to hold lender funds and receive earnings in a wallet in a totally secure and compliant way. Holder of an e-money issuer licence passported to all 31 EEA countries, MANGOPAY is a multi-currency payment solution which accepts cards, bank transfers and Direct Debit.
Thanks to the partnership, Katipult and MANGOPAY cement their very promising growth in Europe. Brock Murray, CEO of Katipult, comments: “Katipult is excited to offer bespoke P2P lending software with MANGOPAY as a payment solution to complement our investment crowdfunding solution.The level of sophistication and security required to properly service the debt markets is unique and we’re bringing a product to the UK market that benefits everyone from lenders to borrowers as well as regulators, by creating a high standard for industry confidence.
Céline Lazorthes, CEO of MANGOPAY, explains: “P2P platforms require a high level of technical specification and functionality. The partnership between Katipult and MANGOPAY perfectly answers this need. Katipult offers a powerful software combined to MANGOPAY’s seamless payment solution.”
Katipult is a bespoke software solution for private placements, investment crowdfunding, investor management, and P2P lending. Katipult allows companies to design, setup, and manage an investment crowdfunding platform or P2P lending platform across multiple distribution channels including web, mobile, and social media. Katipult is being used in over 20 unique regulatory environments to grow investor networks, efficiently manage investors, and streamline deal flow administration.
Press Contact Katipult, Brock Murray, email@example.com, +1 403 457 8008
MANGOPAY is the ideal end-to-end payment solution for marketplaces, crowdfunding platforms and the sharing economy.
Unlike traditional payment solutions, MANGOPAY provides its customers with a developer-friendly technology they can fully customise. It enables the platforms to accept multiple currencies and multiple payment methods online, including credit and debit cards, Direct Debit and bank transfers. MANGOPAY can hold the funds on segregated accounts and automate the pay-outs. Furthermore, it makes the platforms compliant with the financial regulations.
Today, over 1,500 platforms use MANGOPAY’s white-label API. MANGOPAY is a brand of Leetchi Group, part of the Credit Mutuel Arkéa. It was granted an E-Money Issuer licence which is valid in all EEA countries.
Press contact MANGOPAY, Céline Winant-Pateron, firstname.lastname@example.org, +44 75 3910 8251