Bango warns on FY earnings as end user spend doubles

27th Dec 2018 07:54

(Sharecast News) - Mobile payments company Bango said full year earnings would be below expectations, despite a positive fourth quarter and higher end user spend.

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Bango appoints Carolyn Rand as interim CFO

10th Oct 2018 14:39

(Sharecast News) - AIM-listed payments company Bango has appointed Carolyn Rand as its interim chief financial officer.

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Bango shares dip after confirmation CFO will leave in November

27th Sep 2018 16:39

(Sharecast News) - Mobile commerce firm Bango saw its shares dip on Thursday after confirming that chief financial officer Rachel Elias-Jones will leave on 12 November.

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Bango doubles revenue as mobile end user spend increases

12th Jan 2017 09:52

(ShareCast News) - Mobile payments company Bango doubled its sales last year as end user spend though its payments platform soared, while operating expenses were in line with expectations. Revenue doubled to £2.6m for the year ended 31 December, while revenue from the end user spend (EUS) leapt to £

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Bango turns on Windows payments in more European countries

16th Sep 2016 10:03

(ShareCast News) - Mobile payments company Bango announced on Friday that it has expanded the availability of carrier billing for Microsoft Windows Store. The AIM-traded firm said that, for the first time, users in Finland, Norway and Hungary can make purchases from any Windows 10 device, including

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Bango expands in Asia with Danal partnership

12th Aug 2016 11:12

(ShareCast News) - Mobile payment company Bango plans to expand in Asia through a memorandum of understanding with South Korean commerce company Danal Korea. Danal has a pan-Asian payment network focused on South Korea, China, Japan and Taiwan, by integrating Danal's Asia payment network with Bango'

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Bango acquires DCB rival BilltoMobile to become US market leader

9th May 2016 08:18

(ShareCast News) - Bango has acquired US direct carrier billing (DCB) rival BilltoMobile from its Korean parent company for an initial $3.5m mostly in cash. The purchase will allow the London-listed company, which claims to be the leading provider of DCB technology to mobile networks and app stores,

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Bango reminds Peel Hunt of early ARM, says 'buy'

23rd Feb 2016 15:46

(ShareCast News) - Broker Peel Hunt began coverage of Bango with a 'buy' recommendation, saying the mobile payment technology group is reminiscent of an early ARM Holdings. Peel Hunt set a target share price of 100p, offering around 60% upside to the closing price on Monday, based on discounted forw

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Bango wins wider contract with Microsoft across Windows 10

5th Jan 2016 07:55

(ShareCast News) - Bango has won an expanded contract with Microsoft to integrate the AIM-listed mobile payments company's technology across all the technology giants Windows 10 devices. The 110m-plus users of Windows 10, be they using a desktop computer, tablet or smartphone will now be able to buy

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Bango boosted by Apple direct carrier billing speculation

29th Oct 2015 11:38

(ShareCast News) - Shares in Bango have risen after Apple's German iTunes site began to adopt direct carrier billing, a means of charging digital content to mobile customers via additions to their phone bill. Apple's initial adoption of direct carrier billing, also known as mobile network operator (

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Bango boosts carrier billing

25th Jun 2015 10:09

Mobile payment company Bango said on Thursday that it has recently launched carrier billing routes for its app store partners in several additional markets, "underlining the role of the Bango Payment Platform at the heart of the growing global app store economy". It said that carrier billing through

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Bango's user spendng growth in line with expectations

27th May 2015 14:09

Shares in mobile payment company Bango rose on Wednesday after saying its user spend is growing in line with expectations. The group added that it believes it will achieve its forecasts of 100% growth in user spend to £65m for the year. Bango said in March that it had 30 activations schedualed for

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Bango end user sales soar but losses widen after billing rejig

10th Mar 2015 11:47

As mobile app stores continue to increasing their sales of digital content using direct carrier billing, Bango has seen end user spend via its technology increase 62% to £25.2m last year and said it expects this to more than double in 2015. The majority of end user spend growth came from the initial

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Bango announces collaboration with Amazon and Telefónica Deutschland

17th Sep 2014 09:25

Bango, the mobile payments company, has announced that it will be working with Amazon and Telefónica Deutschland for carrier billing services on Telefónica's network in Germany. The service will be deployed gradually through next year on certain Amazon mobile applications running on Telefónica devi

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Sector movers: Aveva profit warning sinks software stocks

12th Sep 2014 13:52

A profit warning from Aveva sent the UK-listed software sector firmly into the red on Friday with the FTSE 250 losing as much as a quarter of its value. The stock was down 24.6% in afternoon trade after Aveva added to the list of problems affecting its first-half results. Currency movements and the

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