Bango

Bango

Changing the way payment is done in app stores. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2019202020212022202320242025
Revenues12.2m16.6m15.7m21.6m34.9m31.3m36.7m
% growth-36 %(5 %)38 %62 %(10 %)17 %
EBITDA(<1m)4.4m1.9m(3.6m)2.5m--
% EBITDA margin(4 %)26 %12 %(17 %)7 %--
Profit(3.1m)6.4m<1m(1.6m)(6.7m)--
% profit margin(25 %)38 %2 %(8 %)(19 %)--
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DateInvestorsAmountRound

€2.8m

Early VC

N/A

-
N/A

N/A

IPO
N/A

$10.2m

Post IPO Equity
*
N/A

$17.0m

Valuation: $91.0m

Post IPO Equity
*
N/A

£5.0m

Post IPO Equity
*

£6.5m

Post IPO Equity
Total FundingCAD4.2m

Recent News about Bango

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More about Bangoinfo icon
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Bango operates in the digital payments industry, providing a platform that enables frictionless one-click payments for app developers, stores, and payment providers. The company serves a diverse range of clients, including app developers looking to monetize their applications, online stores seeking seamless payment solutions, and payment providers aiming to integrate efficient billing systems. Bango's market is primarily focused on the digital economy, where quick and easy transactions are essential for user retention and revenue growth.

Bango's business model revolves around its payment platform, which integrates various billing providers to offer global coverage. This platform is designed to reduce friction in the payment process, making it easier for end-users to complete transactions with a single click. The company generates revenue through transaction fees and service charges, which are levied on the payments processed through its platform.

Bango's competitive edge lies in its ability to provide a seamless payment experience, which has been recognized by multiple industry awards. The platform's BillRank technology further enhances its value proposition by integrating a wide range of billing providers, ensuring low-cost and extensive global coverage.

In summary, Bango is a key player in the digital payments sector, offering a robust platform that simplifies transactions for app developers, online stores, and payment providers. The company's focus on reducing payment friction and its extensive global reach make it a preferred choice for businesses looking to optimize their payment processes.

Keywords: digital payments, one-click payments, app developers, online stores, payment providers, BillRank technology, global coverage, transaction fees, seamless payment, frictionless transactions.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Bango

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Billtomobile
ACQUISITION by Bango May 2016
Audiens
ACQUISITION by Bango Jan 2018
DOCOMO Digital
ACQUISITION by Bango Sep 2022