Proactive Investors video: Bango PLC reports strong performance across the business in 2019

Chief Marketing Officer at Bango, Anil Malhotra sat down with Proactive Investors Andrew Scott to discuss the recently announced Interim Results.

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2019 Interim Results video

Following today’s 2019 Interim Results announcement, watch Bango CFO, Carolyn Rand and CEO Ray Anderson talk through the financial and operational highlights. Covering:

  • Success of the payments business with the fifth consecutive year of growth in EUS of more than 100%
  • Growth in demand for Bango Marketplace
  • The new Bango technology that has opened-up the 3Bn+ pre-paid mobile market to OTT media companies

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PERL note: The virtuous circle strategy continues to deliver

Download the latest Progressive Equity Research note covering today’s 2019 Interim Results.

“With strong synergies between mobile marketing and mobile payments, the Bango strategy creates a virtuous circle, by increasing the customer base to generate more payments, this attracts more merchants, which attracts more customers. The addition of the data business supercharges this process. More customers = more customer insight data = more effective marketing which grows the customer base more rapidly, generating more payments and more data.”

All forecasts contained within represent the views of Progressive Research, not of Bango or other analysts covering Bango.

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Announcement: Interim Results

Bango today announces its unaudited interim results for the six months ended 30 June 2019.

Read full announcement here

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Announcement: Bango technology drives mobile payment for toll roads in the USA

Bango and AE Tolls, have entered into a partnership that allows American drivers to place road toll charges on their monthly phone bills. Now launched with a tier one mobile operator in the USA, the ‘tapNpay’ service will drive a new source of payment traffic through the Bango Platform.

Read full announcement here

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Proactive Investors video: Bango partners with audio streaming service Spotify

Chief Operating Officer at Bango, Paul Larbey speaks to Proactive Investors Andrew Scott following the recently announced business partnership with Spotify. Paul discusses how Bango Resale technology delivers a single, powerful solution that will enable Spotify to reach new customers, and ensure active customers enjoy seamless access to their services.

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Announcement: Bango adds Spotify as business partner to delight millions of new customers

Bango and Spotify have entered into a business partnership to increase access to the world’s most popular audio streaming subscription service. By partnering with Bango, Spotify makes its streaming service available for operators all over the world to bundle with mobile and fixed subscription plans allowing millions more fans to enjoy their favorite artists.

Read full announcement here

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Proactive Investors video: Bango partners with appScatter to increase app developer monetization

Bango CEO, Ray Anderson and Philip Marcella, CEO at appScatter sat down with Proactive Investors. Watch them discuss how the recently announced partnership between the two business will grow in-app revenues for appScatter’s global community of app developers.

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Bango, alternative payments and project Libra

Facebook has published a whitepaper about Libra, its long awaited blockchain based “Stablecoin” – Libra white paper.

The Bango Platform benefits merchant partners by supporting innovative payment methods. This contributes to a thriving ecosystem and enables merchants to use payment insights to market more effectively.

In 2016, Bango held its Alternative Payments Nexus event discussing the “third wave” of alternative payments and the gap they fill in enabling access to paid content. In a 2017 update on the availability of Bitcoin wallets through the Bango Platform, we noted that merchants were discouraged by Bitcoin volatility. Libra is intended to address this challenge by linking it to an asset basket, similar to Ven.

Bango looks forward to participating in Libra to spur the global adoption of Libra over the coming years, alongside other successful currencies, carrier billing and wallets.

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2018 Final Results video

Following today’s 2018 Final Results announcement, watch Bango CFO, Carolyn Rand and CEO Ray Anderson talk through the financial and operational highlights. Covering:

  • Success of the payments business during 2018, with the fourth consecutive year of EUS more than doubling
  • Launch of Bango Marketplace to drive forward the data business
  • Integration of Audiens technology into the Bango Platform to accelerate the data business more rapidly

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