Mangopay Announces New CEO Appointment as Romain Mazeries Resigns; Sergi Herrero Takes Over
Luxembourg-headquartered payment infrastructure provider Mangopay has named Sergi Herrero, former global director for payments and commerce partnerships at Meta, as its new CEO.
Mangopay hires Sergi Herrero as new CEO
Herrero succeeds founding team member Romain Mazeries, who has held the CEO position since 2018. Mazeries is stepping down from the role this month, but will maintain a position on the board and will “continue to work closely with the company”, Mangopay says.
Founded in 2013, Mangopay offers end-to-end payments solutions to marketplaces and platforms via a programmable e-wallet solution. The company was acquired by private equity firm Advent International in 2022.
It currently claims to serve over 250 million end users and has processed more than €100 billion in transactions to date.
Mangopay describes its new CEO as “a results-focused leader who brings both payments domain expertise and proven CEO capabilities” to the role.
In his previous role at Meta, Herrero is credited with helping to launch and scale the platform’s payment and commerce capabilities.
He has also held senior executive roles at Square and BNP Paribas and served as co-CEO of global telecommunications company VEON.
Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.