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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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