27th May 2015 09:35
LONDON (Alliance News) - Mobile payments company Bango PLC on Wednesday said its growth in 2015 to date is in line with its expectations and said it has made progress on expanding its Latin American operations.
Bango said that in March it forecast end-user spend transacted via its platform would grow by at least double to more a than GBP65 million annualised run rate by December this year. So far in 2015, Bango said it is on track to meet this target.
In addition, the group said 15 of the 30 activations it reported in March are now live, including four in Latin America which all came on line in May.
Bango shares were up 6.6% to 109.22 pence on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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