Case Study: Mangopay unlocks €20M in idle cash with Atlar

Mangopay unlocks €20 million in idle cash with Atlar

Mangopay, a leading European fintech platform, faced significant challenges managing its complex cash operations across hundreds of accounts and multiple banking partners. Their treasury team spent hours on manual tasks like logging into portals and checking balances, and they needed stronger governance controls to meet their regulatory requirements as a payments institution. They chose to implement the Atlar treasury management system to gain visibility and control.

By implementing Atlar, Mangopay connected all entities and accounts across 31 markets into a single platform. The solution provided real-time visibility and robust governance, seamlessly integrating with their new SAP S/4HANA system. This allowed Mangopay to unlock €20 million in idle cash for redeployment, achieving a 6.1x ROI in under a year. Atlar also automated manual processes, saving over 1,000 hours annually and enabling the treasury team to focus on strategic work.

MANGOPAY