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Market: AIM
52-week High/Low: 181.50p / 51.00p
Sector: Software & Computer Services
Market Cap: 111.96M
Phone: +44 (0)3330 770247
Address: 5 Westbrook Centre, Cambridge CB4 1YG
Bango plc

Bango plc

Bango is the standard platform chosen by leading global stores to deliver mobile payments to everyone. As the next billion consumers adopt their first smartphone and look for universal payment methods, Bango will be there to unlock the world of apps, video, music, games and other content that brings those smartphones to life. Global stores plugging into the Bango Payment Platform include Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG), Samsung (005930: Korea SE) and Microsoft (NASDAQ: MSFT). Bango also partners with leading payment providers around the world to drive new users and revenues through its industry-leading mobile payment solutions.

Bango plc

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Big picture - Why invest in Bango plc

Bango plc Snapshot

Bango is the winning choice for offering carrier billing and other alternative payment methods to every customer, through one, global platform.

The Bango Payment Platform is an independent billing standard used by the world’s largest online stores. It powers more app store carrier billing deployments than anyone else (Progressive Equity Research Limited 2015).

One simple integration allows a store to activate hundreds of payment providers worldwide, enabling billions of new customers to easily pay.

Bango technology works hardest post-launch. Bango Dashboard provides real-time insights about all aspects of customer spend.

Bango Boost technology analyzes those insights and combines peer benchmarks, global platform data and industry knowledge to deliver actions that dramatically grow revenues and increase customer satisfaction.

Ray Anderson, CEO and Founder
Ray has over 30 years experience in starting, growing and selling businesses. He was named ‘Business Person of the Year’ in 2012. Ray co-founded Bango in 1999 after realizing that the convergence of the internet with the ubiquity of mobile phones could open up huge opportunities for content and service providers. Prior to Bango Ray established IXI which created the industry standard network GUI – X.desktop. IXI was an early leader in the creation of the web. It sponsored the first ever WWW conference at CERN and shipped the world’s first commercial web browser.

Anil Malhotra, CMO and Founder
Anil is responsible for Bango’s marketing activities and app store partnerships, including device makers, app store providers and global network operators. Anil has extensive experience of creating successful partnerships between technology innovators and major market players in online technologies and OEMs. Before co-founding Bango, Anil developed the major partnerships for Cyberlife Technology, one of Europe’s leading computer games technology developers, which resulted in the licensing of the company’s ‘artificial life’ technology by the world’s leading games publishers including Warner and Hasbro. Before that he worked with Bango CEO Ray Anderson to establish a technology called X.desktop, which became the global standard for the user interface software on networked computers.

Rachel Elias-Jones, CFO
Rachel is responsible for overall financial management of Bango, for corporate financial functions and Bango's financial relationships with partners. The global reach of Bango requires a wide range of financial and taxation models, Rachel ensures the smooth running of the team delivering this commercial flexibility. Rachel has responsibility for innovation and management in critical finance functions, and is closely involved in product development to ensure the Bango Payment Platform can scale and handle complex requirements. Her flair for bringing clarity to complex finance structures is reflected in her leadership of "Project Clarity", an initiative that has transformed the quality of analysis and reporting that Bango issues to partners. An experienced finance leader and Chartered Accountant, Rachel spent 5 years in practice at 'top 5' audit firms, specializing in the technology and listed sectors, prior to joining Bango.

David Keeling, COO
David is responsible for service delivery, global operations and account management. He provides leadership, direction and policy guidance to the proven operations, security and customer service teams, aligning them to the demands of all Bango customers. David brings a fifteen year career in service delivery to Bango, with particular success in fast-growth technology companies, more recently at mobile messaging leader Acision, where David led the transformation of the operations function building a number of global services centres. His career in Acision culminated in five years leading its global customer service and professional services organisation, enabling 300 clients to serve over one and a half billion customers in 135 countries. 

Gerry Tucker, Strategic Partnerships Director
Gerry supports the growth ambitions of major app store partners. Gerry focuses high level attention on the financial and regulatory structures that Bango puts in place, enabling deeper engagement with key payment partners around the world at a strategic level. Gerry focuses Bango drive to set up structures that enable partners to use the Bango Payment Platform to enter new, and traditionally complex markets for Direct Carrier Billing (DCB). Gerry is a seasoned finance leader with a proven track record of success. His career to date encompasses roles across several different market sectors. He has held senior financial and operational roles with companies ranging from a pre-revenue start-up to large multi-nationals. These companies include; Vodafone, Take Two (and Rockstar), the publishers of 'Grand Theft Auto' and Activision, publishers of 'Guitar Hero'.

Mark Rosten, SVP Development
Mark leads technology innovation and product delivery for Bango as demand for the Bango Payment Platform continues to grow, driven by app stores expanding the roll out of carrier billing to their customers worldwide. He is responsible for implementing Bango’s technical vision and for leading the development team. Mark’s deep knowledge of platform development and technologies enables the innovation of Bango products, providing an improved customer experience and speeding up the roll out of carrier billing by app stores. Mark has more than 25 years’ experience in developing and leading strategic initiatives for technology companies. He has an extensive background in the systematic delivery of software and critical projects. 

Shareholder: Number of shares (% of issued share capital)
ODEY ASSET MANAGEMENT LLP: 7,088,000 (10.89%)
MR RAYMOND ANDERSON:   6,628,949   (10.19%)
MR ANIL MALHOTRA:  3,986,815   (6.13%)
HARGREAVE HALE: 3,291,500 (5.06%)
MR RICHARD SNELLER:   3,050,000   (4.69%)
CAVENDISH ASSET MANAGEMENT:   2,126,033   (3.27%)

Tel: +44 3330 770247
Fax: +44 8718 955916
Email: [email protected]

Bango plc Timeline

November 21 2016

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