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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