Sign up
Tech Capital

Bango sees massive opportunities in the 'Internet of Things' space

Ray Anderson, chief executive of Bango plc (LON:BGO), caught up with Proactive on the back of their interims for the six months to June 2017.

The mobile payments group revealed it ended the first half of 2017 with enough cash to fund it through to profitability.

The growth in end user spend (EUS) on the Bango platform continued, doubling to £92.31mln from £46.17mln in the first half of last year.

On the subject of the Internet of Things, Anderson says: ''There's a huge new area [for us] and we've been working on a few pilots ... a few trials and hopefully those pilots will see the light of day in a few months time''.

 

View full BGO profile

Bango plc Timeline

Article

Bango has some high expectations to meet

View All

© tech Capital 2017

Tech Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed tech companies to interact with institutional and highly capitalised investors.
Headquartered in London, Tech Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.