Bango PLC (AIM:BGO, OTCQX:BGOPF), the AIM-listed global platform for data-driven commerce, has announced a new Digital Vending Machine deal with the Japanese employee benefits platform Benefit One Inc.
Bango Digital Vending Machine technology enables a wide range of subscriptions to be offered to consumers, significantly reducing development time and effort.
From April 2023, employers in Japan that use the Benefit One employee benefits and incentives system will be able to offer subscription services to their employees.
By taking up these bundled offers, employees can receive a discount on the standard monthly cost of the service.
The deal expands the Bango Digital Vending Machine to a new vertical beyond telecoms while generating additional annual recurring revenue.
In a statement, Andy Suzuki, senior vice president of APAC at Bango, commented: "We're excited to work with Benefit One to add the latest and greatest subscription services to their range of member benefits. Bango technology takes away the complexity and makes it as easy as possible to get to market fast with the products and services members really want."
Bango did not disclose the size of the deal.