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

Sep 27, 2017, 09:04 AM

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''.