Mangopay names Ronen Benchetrit as new CTO
European paytech for marketplaces and platforms, Mangopay, has appointed Ronen Benchetrit as its new chief technology officer (CTO).
Benchetrit, who will report to CEO Romain Mazeries, also joins the firm’s executive committee following Mangopay’s acquisition by Advent International.
Based in the UK, Benchetrit brings three decades’ worth of experience to Mangopay, having previously served as CTO of Bumble for the last two years.
Prior to that, as CTO of UK challenger Zopa from 2016 to 2020. He also served as CTO of online gaming operator PokerStars, where he led the tech function at the firm from private company stage through to its initial public offering.
In his new role, Benchetrit will be responsible for leading the strategy and execution of Mangopay’s technology to support business growth, working closely with the company’s leadership. He plans to double the team in the next 24 months, Mangopay says.
Mazeries, Mangopay’s CEO, says Benchetrit’s appointment will be “game changing” for the company’s growth.
“In the last couple months, Ronen is already driving the company’s global technology strategy by fostering a strong engineering culture as well as by providing technical leadership across all areas of the business,” he adds.
Established in 2013, Mangopay provides a payment ecosystem for the platform economy, claiming to serve more than 2,500 marketplaces and scale-ups.
“The platform economy is booming,” says Benchetrit. “Platforms have become an essential driver for e-commerce growth, as it brings so many benefits for both buyers and sellers.
“Mastering payments at scale in this field is complex yet key to all platforms.”