In this note we initiate formal coverage on Bango. In our view the growth outlook for mobile payments remains favourable and Bango is well positioned to be a key beneficiary of market growth. The Group’s recent history of execution is strong, as is its financial position. Following seventeen years of investment, the Bango platform is state-of-the-art and sufficiently scalable to support the anticipated business expansion.
30 Jan 2017
Positioned to capitalise on market growth
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Positioned to capitalise on market growth
Bango plc (BGO:LON) | 126 1.3 0.8% | Mkt Cap: 96.4m
- Published:
30 Jan 2017 -
Author:
Blaine Tatum -
Pages:
16
In this note we initiate formal coverage on Bango. In our view the growth outlook for mobile payments remains favourable and Bango is well positioned to be a key beneficiary of market growth. The Group’s recent history of execution is strong, as is its financial position. Following seventeen years of investment, the Bango platform is state-of-the-art and sufficiently scalable to support the anticipated business expansion.