Transformed Bango to capitalise on DOCOMO acquisition
“The pipeline for the second half of 2022 and beyond is strong,” the mobile payments specialist told investors
Company
LON:BGO
Bango PLC enables content providers to reach more paying customers through global partnerships. The company revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers. The world's largest content providers, including Amazon, Google and Microsoft trust Bango technology to reach subscribers everywhere.
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“The pipeline for the second half of 2022 and beyond is strong,” the mobile payments specialist told investors
The partnership with Movistar expands Bango's presence in Mexico, said CEO Paul Larbey
The DOCOMO Digital acquisition will almost double the mobile payment specialist's end user spend
Broker Liberum's target price rises 345p from 260p.
The transaction will be earnings enhancing in the first full year under Bango
The global platform for data-driven commerce said end user spend increased 16% to over US$2bn, showing the continued growth of merchants using its platform to collect payments
TelevisaUnivision’s Univision network is the most watched Spanish programming network in the USA, reaching 97% of Hispanic households
“Considering the company currently partners with Google Play, Microsoft’s Windows Apps, Facebook App Center, Amazon Appstore and Samsung Galaxy Apps, we speculate that it has signed this agreement with Apple,” said one analyst
The payment app developer's existing clients include Google, Microsoft and Amazon
Resellers can bundle together McAfee products with their own
Bango enables T-Mobile to rapidly and cost-effectively scale-up value-added-service offerings, giving customers choice and value across a growing range of subscription products and services.
The broker stuck with its ‘buy’ rating and 300p price target after today’s results statement
Bango has gained a reputation for eye-catching and unique artwork created specifically for its company reports each year.
The NFTs will be priced anywhere between 0.1 and 1.0 ETH
Bango believes competition to win new paying customers in the fast-growing online commerce market will drive growth in alternative payments
The listing in America does not impact its listing in London
The offer, entitlement management and upsell of Entel's Apple Music offer are provided to customers through the Bango Platform
A new advertising tool for mobile app developers is gaining rapid adoption
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"Bango’s recent strategy day outlined the attractive growth opportunity in Bango’s Platform and Audiences businesses alongside the continued strong growth in the Payments business," the analysts noted