Bango signs new Digital Vending Machine deal with Employee Benefits Provider

Bango (AIM: BGO), the global platform for data-driven commerce, announces a new Digital Vending Machine deal with Benefit One Inc., the leading Japanese employee benefits platform.

What this brings to Bango:

• Expands the Bango Digital Vending Machine to a new vertical beyond telco
• Onboards a new customer to the Bango Platform that enables Bango merchant partners to reach new customers in Japan
• Generates additional Annual Recurring Revenue

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.

Bango Digital Vending Machine technology enables a wide range of subscriptions to be offered to consumers, significantly reducing development time and effort. For Benefit One, this enables the quick and easy addition of new member benefits.

“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.” Andy Suzuki, SVP SPAC at Bango

The management at AIM-listed Bango (LON: BGO) talk through the most recent full year results in the video below: