PERL note: “Further moves into Africa”

Download the latest Progressive Equity Research note covering the recent announcement that Bango has activated 9mobile’s 9pay wallet for Google Play users in Nigeria.

“The flexibility of the Bango Platform (“BP”) is, we believe, a key source of competitive advantage for Bango, and is once again demonstrated by today’s announcement. Version 5 of the Bango API future-proofs partners’ revenue streams by enabling virtually any payment method. Following the June 2017 DCB launch for physical goods with Amazon Japan, the 9mobile mobile wallet launch takes the BP further beyond its traditional strength in DCB for digital goods, representing another endorsement of Bango’s platform technology and leading market position.”

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

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Announcement: Bango Platform enables 9pay wallet for Google Play users in Nigeria

  • Bango enables mobile payments in another mobile subscriber growth market
  • Payments leader activates 9mobile’s 9pay wallet for Google Play users in Nigeria

Bango announces that it has launched operator-billed payments for Google Play users with 9mobile in Nigeria. Through the 9mobile 9pay wallet, customers in Nigeria can pay for the wealth of media, games, apps and digital content in Google Play, with one-click, without the need to own a credit card or bank account

Read the full announcement – Bango Platform enables 9pay wallet for Google Play users in Nigeria

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Announcement: Bango extends carrier billing for Amazon customers in Japan

New payment option for Amazon Prime and Prime Student membership programmes

Bango announces that following the successful launch of Direct Carrier Billing (DCB) for Amazon retail customers in Japan (June 2017), it has expanded DCB availability to Japanese customers of Amazon Prime and Prime Student membership programmes.

Amazon customers with an NTT DOCOMO or KDDI (au) mobile phone account can now pay for the Amazon Prime membership fee, either monthly or annually by charging the cost to their mobile phone bill. At the same time, students in Japan can now use this new payment method to pay for their annual membership fees to the Prime Student programme.

Read the full announcement – Bango extends carrier billing for Amazon customers in Japan

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PERL note: “Two pieces of positive news”

Download the latest Progressive Equity Research note covering todays’ announcement on South Korea expansion to support retail and IoT payment.

“Bango has today released two pieces of positive news flow. The Bango Platform (BP) is being deployed in South Korea, increasing the number of payment opportunities for digital content, physical goods and Internet of Things (IoT) services in this key Asian market. Secondly, management has confirmed the achievement of run-rate EBITDA breakeven.”

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

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Announcement: Bango expands in South Korea to support retail and IoT payments

Bango announces expansion of its presence and business development activity in South Korea to support the growth ambitions of key partners. Through this expansion, Bango will increase payment opportunities for digital, physical and Internet of Things (IoT) services across the region.

To lead these opportunities, Alex Oh joins Bango as Country Manager, South Korea. Mr Oh brings extensive experience working with major Japanese, Korean and US technology businesses to Bango. His 25 year career includes technical leadership at Samsung, Dilithium Networks and Comverse and most recently in the field of media streaming devices.

Read the full announcement – Bango expands in South Korea to support retail and IoT payments

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Proactive Investors video: Bango sees massive opportunities in the ‘Internet of Things’ space

Ray Anderson, CEO discusses Bango progress in the first half of 2017, covering the launch of carrier billing for Amazon in Japan, the operators migrating to the Bango Platform from other providers and stable operating costs despite doubling of End User Spend. On the outlook, Ray covers the anticipated growth that will see Bango continue to lead the market, including how the Bango Platform can work in the Internet of Things (IoT) space, enabling users to benefit from simple, secure transactions across the vast network of devices that are increasingly becoming part of everyday life.

Watch the full interview with Andrew Scott from Proactive Investors: Bango sees massive opportunities in the ‘Internet of Things’ space

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2017 Interim Results video

Bango CFO, Rachel Elias-Jones discusses the financial and operational highlights from today’s Interim Results announcement, covering the doubling of End User Spend on a stable cost base, launch of carrier billing in Amazon Japan and powerful new data driven technology designed for tier one developers to grow their business.

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