Bango Strategy Day. Summary video
Bango Plc (AIM:BGO) held a strategy day in late Jan 2018 and we have made a short summary available below. The company, who internet giants such as Google and Amazon use to deliver payments at scale, have seen their End User Spend (EUS) double three years running – an important metric which demonstrates the growth in appetite for BGO’s technology and services.
The video summarises BGO’s deal with Amazon in June, and the launch of online retail services in Japan, where Amazon in Japan is using Bango’s technology to allow customers to purchase physical goods / assets via Direct Carrier Billing (DCB). To explain simply, Amazon customers in Japan can now make purchases on Amazon which are charged back to their phone bill.
The video also focuses on Bango’s Asian operations and opportunities arising from their recent acquisition of Audiens SRL (Milano).