MANGOPAY appoints Luke Trayfoot as new Chief Revenue Officer to spearhead growth and expansion

MANGOPAY, a major European payment solutions provider for marketplaces and platforms, announced the appointment of Luke Trayfoot as Chief Revenue Officer. In this newly created position, Luke takes on a critical leadership role to help MANGOPAY accelerate its international expansion as well as improve revenue streams for this next phase of growth.

MANGOPAY’s appointment of Luke Trayfoot to report to Romain Mazeries is another step in its quest for global payment solutions.

With over a decade’s experience in the payments and marketplace industry, Luke Trayfoot has a strong track record of scaling tech and payment companies with also a deep understanding of the challenges of the top marketplace. With knowledge in digital marketplaces, cross-border trade and payment environments, Luke will focus on developing new markets, enabling MANGOPAY’s customers to expand their business globally, and deliver growth and profit objectives. This nomination follows a year of exceptional growth for the company and Advent International’s acquisition of MANGOPAY.

Luke served as the EMEA sales director at Hyperwallet. He was instrumental in creating a global payment company. He was with Hyperwallet at the time PayPal acquired the fintech company in order to improve PayPal payout capabilities for marketplaces or platforms. Luke was responsible for EMEA marketplace strategy at PayPal after he joined the company. Luke was previously a 4 year veteran of World First where he held many leadership positions, including Head of Partnership Sales EMEA, and Partnerships Sales Manager.

Luke Trayfoot, Chief Revenue Officer, stated the following:: ‘‘I am delighted to join MANGOPAY and bring my deep knowledge and experience to such an exciting pioneer in digital payment solutions. The paradigm shift in digital commerce continues to be marketplaces. In fact, last year global marketplaces’ sales increased by 25% compared to global first party e-commerce sales which only grew by 12%. Unlike other marketplace payment solutions in the market, MANGOPAY’s payment environment is tailored to meet the specific needs of growing global marketplaces. With the team in place and Advent’s position within the business, I’m certain we are well on our way to becoming the leading payment solution in this category.”

Romain Mazeries is Chief Executive Officer at MANGOPAY.:” I am pleased to welcome Luke to our team. As we move forward with our global and UK expansion plans, his leadership style and expertise in going-to-market strategy execution will be invaluable. Luke is joining us at a very exciting time – fresh off our successful acquisition by Advent. He will help us as we enter another exciting hyper growth phase.”

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