It happened around 11 p.m. Thursday on Hunting Park Avenue and 19th Street.
Police said the man, in his 30s, and the woman, in her 20s, were crossing the street when they were hit by an eastbound Nissan and then a westbound Honda.
The man was taken to Temple University Hospital where he was pronounced dead.
The woman suffered two broken legs. She is listed as stable at Temple.
Witnesses told police the two drivers had a green light.
Both drivers remained at the scene.