OverviewSuggest Edit

Bango's mobile payment platform is vital to the global growth in digital content sales. The giants of mobile choose the Bango Payment Platform to provide a delightful and immediate payment experience that maximizes sales of digital content.
With over 140 markets activated by our partners, the Bango Payment Platform is established as the global standard for app stores to offer carrier billing. As the next billion consumers pick up their first smartphone, Bango technology will be there to unlock the universe of apps, video, games and other content that bring those smartphones to life. Global leaders plugging into Bango include Amazon, BlackBerry, Facebook, Google, Samsung, Microsoft and Mozilla.

TypePublic
Founded1999
HQCambridge, GB
Websitebango.com
Employee Ratings4.2

Latest Updates

Employees (est.) (Dec 2020)180(+98%)
Revenue (FY, 2018)£6.6 M(+60%)
Share Price (Jan 2021)£0 (-99%)
Cybersecurity ratingCMore

Key People/Management at Bango

Anil Malhotra

Anil Malhotra

CMO and Founder
Ray Anderson

Ray Anderson

Executive Chair and Founder
Paul Larbey

Paul Larbey

Chief Executive Officer
Carolyn Rand

Carolyn Rand

Chief Financial Officer
Andy Suzuki

Andy Suzuki

SVP APAC
Eric Peacock

Eric Peacock

Senior Independent Non-Executive Director
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Bango Office Locations

Bango has offices in Cambridge, San Jose, Milano, Minato City and in 3 other locations
Cambridge, GB (HQ)
5 Westbrook Centre
Cambridge, GB
100 Hills Rd
Milano, IT
Piazza della Repubblica, 14
Minato City, JP
3-chōme-1-3 Minamiaoyama
Suwon-si, KR
Daehak 4-ro, Woncheon-dong, Yeongtong-gu
Lagos, NG
1 Murtala Muhammed Dr, Ikoyi
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Bango Financials and Metrics

Bango Revenue

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Bango's revenue was reported to be £6.62 m in FY, 2018
GBP

Revenue (FY, 2018)

6.6m

Gross profit (FY, 2018)

5.8m

Gross profit margin (FY, 2018), %

88%

Net income (FY, 2018)

(2.9m)

EBITDA (FY, 2018)

(1.9m)

EBIT (FY, 2018)

(3.5m)

Market capitalization (15-Jan-2021)

130.7m

Closing stock price (15-Jan-2021)

0.0

Cash (31-Dec-2018)

3.8m
Bango's current market capitalization is £130.7 m.
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

7.5m10.4m13.8m17.6m26.1m19.3m6.9m3.7m2.4m1.3m2.6m4.2m6.6m

Revenue growth, %

(35%)(9%)21%

Cost of goods sold

5.3m8.0m11.0m14.9m23.5m16.8m4.7m1.6m1.1m33.1k7.1k2.4k796.2k

Gross profit

2.2m2.5m2.8m2.7m2.7m2.5m2.3m2.1m1.3m1.3m2.6m4.1m5.8m
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

4.9m1.9m1.1m826.3k2.7m2.7m1.8m5.1m6.3m12.1m5.7m4.8m3.8m

Accounts Receivable

1.8m717.0k1.1m1.4m1.1m1.3m1.2m754.2k519.7k480.3k399.8k1.1m1.4m

Current Assets

7.1m4.4m3.7m5.2m6.8m6.1m5.1m7.3m7.6m13.5m7.8m7.3m7.3m

PP&E

343.1k506.5k318.4k259.4k315.8k240.6k319.4k709.6k777.3k507.3k294.6k556.9k567.6k
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(1.3m)(3.3m)(1.8m)(477.5k)10.0k(696.1k)(932.7k)(4.7m)(5.1m)(4.8m)(4.4m)(3.4m)(2.9m)

Cash From Operating Activities

1.7m2.8m(873.3k)(873.3k)(51.5k)(1.2m)122.9k(2.5m)(3.2m)(3.2m)(2.6m)(253.7k)(1.6m)

Cash From Financing Activities

6.3m118.0k22.9k475.1k3.0m2.3m331.5k6.5m5.3m10.2m(238.8k)1.0m5.0m

Net Change in Cash

4.5m2.9m(805.1k)(299.7k)1.9m(22.2k)(900.3k)2.8m1.2m5.9m(6.4m)(882.2k)(1.1m)
GBPFY, 2006

Financial Leverage

1.4 x
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Bango Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

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Bango Online and Social Media Presence

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Bango News and Updates

DocuBay partners with Bango to expand global reach

DocuBay VOD service joins the Bango circle DocuBay VOD service joins the Bango circle

Asia-Pacific Direct Carrier Billing Market Report Analysis During 2020-2027 Along With Key Players Like Bango Plc, Boku Inc., Centili, Comviva Technologies Limited, Fortumo

The direct carrier billing market in Asia-Pacificis expected to grow from US$ 13,504.4 million in 2019 to US$ 35,700.1 million by 2027; it is estimated to grow at a CAGR of 13.1% from 2020 to 2027. Posted via Industry Today. Follow us on Twitter @IndustryToday

Bango and Microsoft sign agreement to boost new Xbox cloud gaming subscriptions

CAMBRIDGE, United Kingdom, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Bango (AIM: BGO) (“Bango”), the global platform for data-driven commerce, has expanded its partnership with Microsoft (NASDAQ: MSFT) to open-up access to Xbox subscriptions and consoles sales. With new Xbox Series X and Xbox Series S now…

Bango and BT partnership sees first launch with BritBox

CAMBRIDGE, United Kingdom, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Bango (AIM:BGO), the global platform for data-driven commerce, announces it is powering bundled subscription services for BT, the UK’s leading telecommunications company. BT has selected the Bango Platform as a key integration point to d…

North America Direct Carrier Billing Market to Witness an Outstanding Growth During 2020 With Top Key Players are Bango PLC, Boku Inc., Centili, txtNation Limited

The direct carrier billing market in North America is expected to reach US$ 7,688.5 Mn by 2027from US$ 3,980.2 Mn in 2019; it is estimated to grow at a CAGR of 8.7% from 2020 to 2027. Posted via Industry Today. Follow us on Twitter @IndustryToday

Bango scales up in Asia as revenue delivers record growth

CAMBRIDGE, United Kingdom, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Bango (AIM: BGO), the global platform for data-driven commerce, announces the expansion of its business development team in Asia. Following recent announcements of new customer wins and record revenue growth in the first half of 2020, th…
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Bango Blogs

Bango merchants can now reach 1.5bn more people

Today Bango announced a new partnership with TPAY Mobile, which  opens-up a market of 1.5 billion people for Bango-connected merchants. TPAY Mobile has built extensive coverage across Africa, the Middle East and Turkey, which are fast growing and distinctly “mobile first” areas of the world. This ad…

Merchants can now reach 1.5bn more people through Bango

Online merchants can enter new markets faster and more simply thanks to a new partnership between Bango and TPAY MOBILE. A new partnership connecting the Bango and TPAY MOBILE online commerce platforms has created the opportunity for online merchants to reach 1.5bn more people from today. Merchants …

Bango reveal ‘solid results’ with record revenue growth of 70%

Bango PLC’s (LON:BGO) Paul Larbey talks to Proactive London about their record revenues in the twelve months to end of December 2020. Revenues rose by 70% to £12.2M, with underlying profits – adjusted EBITDA – jumping to more than £4M from £450,000. Larbey also talks through the new contracts won in…

What does 2021 have in store for the world of app marketing?

The app industry has experienced a lot of change and growth in 2020, some anticipated, some totally unexpected! Millions have moved online for entertainment and education with lockdown restrictions, news of IDFA regulation changes reverberated across the advertising industry and subscription based s…

Three minutes with Curio

User acquisition and monetization insights from leading app marketers In our latest ‘Three minutes with’ app marketer interview, Bango Marketplace talks with Hannah Parvaz, Head of Growth at Curio. Hannah shares her industry knowledge and gives insight into the importance of a User Acquisition strat…

Bango Audiences announced as finalist for App Growth Innovation award

Innovation is Bango’s lifeblood. This year, Bango Audiences have been recognized three times for their revolutionary approach to app marketing. Not bad for a product that was launched only last year. Bango Audiences have won a number of industry nods in 2020, including a nomination by the Effective …
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Bango Frequently Asked Questions

  • When was Bango founded?

    Bango was founded in 1999.

  • Who are Bango key executives?

    Bango's key executives are Anil Malhotra, Ray Anderson and Paul Larbey.

  • How many employees does Bango have?

    Bango has 180 employees.

  • What is Bango revenue?

    Latest Bango annual revenue is £6.6 m.

  • What is Bango revenue per employee?

    Latest Bango revenue per employee is £36.8 k.

  • Who are Bango competitors?

    Competitors of Bango include Judo Payments, Getswish and Obopay.

  • Where is Bango headquarters?

    Bango headquarters is located at 5 Westbrook Centre, Cambridge.

  • Where are Bango offices?

    Bango has offices in Cambridge, San Jose, Milano, Minato City and in 3 other locations.

  • How many offices does Bango have?

    Bango has 9 offices.