Ticombo selects Mangopay to transform the ticket-selling experience

August 12, 2024; Berlin, Germany: Ticombo®, the international ticket marketplace, has announced a new partnership with Mangopay, a modular and flexible payment infrastructure provider for platforms, to transform the ticket selling and buying experience.

Mangopay will manage Ticombo’s end-to-end payment flow from pay-in to payout as Ticombo works to provide a fair, trusted, and transparent experience for its users worldwide. Using Mangopay’s wallet-based payment infrastructure, the ticket marketplace is set to launch a new payment service where users can store funds they receive from ticket sales and easily re-spend the money on other tickets available in the marketplace.

Based in Berlin, Ticombo allows event organisers, resellers, and consumers from around the world to sell or resell event tickets. Its mission is to transform how fans experience buying tickets for their favorite live events. It prides itself on offering a space where organisers, resellers, and fans can buy and sell tickets in a fair, easy, and secure way. Sellers can sign up to the marketplace by verifying their identity, setting a price, and promoting their tickets in order to sell them. It is the most followed of all reselling platforms in Europe, with over one million Facebook followers.

Founded in 2013, Mangopay supports multiple business models in the platform economy with its modular payment infrastructure. Its programmable e-wallet solution covers platform payment needs, from pay-in to payout, including currency conversion solutions and AI-driven fraud prevention technology.

Commenting on the new partnership, Atle Barlaup, Co-Founder and CEO of Ticombo, said: “The event experience starts at the point of the ticket purchase, which is why our mission since day one has been to put an end to unfair prices, fake tickets, unclear customer services, and unreliable sellers. We are totally committed to providing the ultimate fan experience, both through design and customer service. The payment process is no exception to this which is why we have chosen to partner with Mangopay, to offer the experience that our users deserve.”

Tristan Torres Velat, VP Global Sales at Mangopay, said: “Ticombo is committed to providing a transparent and trustworthy service for its users, and we are delighted to support them in ensuring that this same exceptional experience applies across the payment process. The opportunity for users to re-spend their ticket funds through our wallet technology promises an even easier way for users to buy within the platform, ultimately supporting the growth of the business around the world. Solving these types of specific needs of marketplaces and platforms is what we do best, and we look forward to an exciting partnership with Ticombo.”

About Ticombo

Founded in 2017, Ticombo’s mission is to change how fans experience buying tickets for their favorite live events. Ticombo is the first Ticket Marketplace where Organizers, Resellers, and Fans can buy and sell tickets in a fair, easy, and secure way. With a growing team of more than 100 business and technology rockstars, we are working very hard to build a fair, easy, and secure ticket platform for fans all around the world. Buying tickets for live events should give you the same feeling as going to the event and enjoying it. To achieve the best fan experience, we focus on customer-centric design, a high service level, transparency, and a network of reliable international partners.

About Mangopay

Created in 2013, Mangopay empowers the platform economy with its modular payment infrastructure. Built around its programmable e-wallet solution, Mangopay’s end-to-end infrastructure covers platform payment needs, from pay-in and payout to comprehensive fraud prevention and FX, for many business models and workflows. The company has over 250 million end users of its services and has processed over €100bn in transactions since its inception. Mangopay was named among CNBC’s World’s Top Fintechs in July 2024 and its Fraud Prevention solution won a Fintech Breakthrough Award in March 2024.