Mangopay has signed a partnership with French employee benefits platform Club Employés, as Club Employés prepares to expand beyond France into additional European markets.
Club Employés said it selected Mangopay for a payment infrastructure that fits the platform's employee benefits workflows. The companies said the arrangement covers how benefits get funded, distributed and redeemed across several parties, including employers, employees and partner brands.
Club Employés works with Comités sociaux et économiques, which act as Work Councils in France. The platform also serves HR teams and company executives. It has recently expanded into the UK market.
Payment flows
The partnership centres on multi-party payments. Club Employés said it needs to manage flows for subsidies, reimbursements and purchases. It also needs controls that reflect how different parties interact in employee benefits programmes.
Mangopay said its platform uses a wallet-based approach. Club Employés said it will use this structure to connect companies, employees, partner brands and the platform itself. The companies said the setup covers regulatory requirements that apply to Work Councils.
Club Employés said the partnership covers dedicated wallets, KYB and KYC checks, and programmable rules. It said these features match the platform's business logic and verified-party requirements. Mangopay also provides card services and bank wire payments, according to the companies.
Expansion plans
Club Employés has grown in France and now targets further markets across Europe. The companies said Mangopay's licensing and operational coverage forms part of that plan.
The companies also pointed to automation and reconciliation tooling. They said this improves visibility over financial flows. They also described more automated processing for transactions linked to benefits programmes.
Employee benefits providers have broadened their product mix in recent years. Employers increasingly expect platforms to handle a range of benefit types and payment methods. Providers often work across multiple stakeholders and merchants, which adds operational complexity.
"Our business model involves multiple stakeholders and stringent regulatory requirements, so we needed a payments partner that could offer both flexibility and precision," said Nicolas Lebatteux, Chief Technology Officer, Club Employés.
"Mangopay's solution is a 100% technological fit for our model. Their ability to deliver customised fund flows and adapt to our complex value chain made them the clear choice for us," said Lebatteux.
Wider positioning
Mangopay works with platforms that manage multi-party money movement. The company said it provides programmable wallets and payment processing services. It also referenced fraud and compliance tools.
"Club Employés runs a complex and distinctive business model, exactly the kind of challenge we love to take on," said Mark Fleming, Chief Commercial Officer, Mangopay.
"It's exciting to see how their level of complexity aligns perfectly with what our wallet-first infrastructure is built for: to support platforms that need highly tailored multi-party payment logic, allowing them to move money without compromising their business rules, and open new revenue opportunities," said Fleming.
The companies positioned the partnership in the context of broader change in HR and employee benefits. They said employee perks now involve more complex payment flows than traditional voucher and discount schemes.
Club Employés said it gives employees access to offers across Europe. It said its catalogue includes national retailers, eCommerce platforms and local merchants. The company also operates a network of 16 regional offices in France and provides services such as training, events and group travel management.
Mangopay said it was founded in 2013 and has processed more than €150 billion. It also said it has created 430 million wallets and onboarded 10 million users. The company said platforms including Vinted, Wallapop, Storefund and Debenhams have used its services.
Club Employés and Mangopay said the work will focus on rolling out the payment setup as Club Employés moves into additional European markets.