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

Posted in Uncategorised | Leave a comment

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.

Posted in Announcements | Leave a comment

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.

Posted in General Market News | Leave a comment

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

Posted in Financial, Technology and Platform | Leave a comment

2018 Annual Report and Notice of AGM

Click here to download the Bango Annual Report 2018, click here for the Notice of Annual General Meeting (AGM), here for the associated form of proxy and here for the explanatory notes.

The Bango AGM will be held at 2pm on Friday, 17 May 2019 at the offices of Bango, 5 Westbrook Centre, Cambridge, CB4 1YG.

Posted in Announcements | Leave a comment

Announcement: Final Results

Bango today announces its Final Results for the year ended 31 December 2018.

Read RNS announcement

Posted in Announcements | Leave a comment

PERL note: “Bango evolved”

Download the latest Progressive Equity Research note covering the recent Strategy Day 2019.

“This note summarises the information delivered at Bango’s Jan-19 Strategy Day and analyses the key messages. In particular, we look at the group’s updated strategy, with its increasing focus on the data opportunity and the new Bango Marketplace product. The core payments business continues to grow strongly and, in our view, the increased focus on data is both strategically sensible and represents a material growth opportunity.”

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

Posted in Bango Products, Financial, Reports and analysis | Leave a comment

Bango Strategy Day 2019

Watch the highlights from the Bango Strategy Day 2019 held in London, UK on 30 January, 2019.

Continue reading

Posted in Financial | Tagged , | Leave a comment

Proactive Investors video: Bango enters next phase of growth with launch of Bango Marketplace

Ray Anderson talks Proactive’s Andrew Scott through the evolution of Bango from mobile payment to mobile commerce business with the newly launched Bango Marketplace.

Watch the full video – here

Posted in Uncategorised | Leave a comment

Bango Marketplace Q&A

On 11 December, Bango announced the launch of Bango Marketplace to investors. This Q&A is focused on the questions that investors have asked about Bango Marketplace and the Bango data monetization strategy in general.

What is Bango Marketplace?

A new product that increases user acquisition and revenues for app developers and opens new revenue streams for mobile operators.

Why would app developers want to use it?

App developers spend 30% (and sometimes more) of their net app store revenues on marketing, to find new users, increase download and installs, and generate more spending in apps.

Developers generate 5x more revenue from in-app purchases than from in-app advertising, but only about 5% of all users purchase. Finding these users is a “holy grail” of app marketing.

Bango Marketplace enables developers to direct their marketing towards selected customer audiences that are more likely to respond, so their marketing money gets a better return.

How does developer marketing become more effective using Bango Marketplace?

Bango Marketplace displays a range of customer segments that have been found to deliver better returns from marketing activity. For example: “People who spend money on music in Indonesia” or “People who spend a lot on strategy games” or “People who have enabled Direct Carrier Billing”.

From Bango Marketplace, app developers choose customer segments in countries they Continue reading

Posted in Bango Products | Leave a comment