It’s a great time for investors to take a look at mobile payments firm Bango plc, reckons analyst Gareth Evans from Progressive Equity Research.
In a recent interview with Proactive Investors, Gareth states how future growth is likely to come from a number of areas. Firstly expanding the geographical reach and working with increasing numbers of operators. Secondly, and significantly, as people start to use mobile phones to pay for other services, including physical goods. “Suddenly it becomes a much broader market, which both the mobile operators and thereby Bango can start to address,” said analyst Evans.