BANGO PLC

Business and Financial Review • Aug 13, 2019

National Storage Mechanism | Additional information

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RNS Number : 7833I

Bango PLC

13 August 2019

August 13 2019

BANGO PLC

("Bango")

Bango adds Spotify as business partner to delight millions of new customers

Cambridge, UK, 13 August 2019 - Bango (AIM: BGO), the mobile commerce company, and Spotify, have entered into a business partnership to increase access to the world's most popular audio streaming subscription service. By partnering with Bango, Spotify makes its streaming service available for operators all over the world to bundle with mobile and fixed subscription plans allowing millions more fans to enjoy their favorite artists.

This partnership will enable millions of customers to select a Spotify subscription bundled with their mobile plan, or as a bolt-on. Bango Resale technology delivers a single, powerful solution that will enable Spotify to reach new customers, and ensures active customers enjoy seamless access to their services. In addition, Bango data insights supports with targeting specific customers with new offers to generate higher customer adoption.

Resale and bundling is a powerful way to reach billions of new customers quickly and effectively, leading to a dramatic rise in popularity of global streaming services such as Spotify. Resale distribution partners, such as communications companies, find these value-added bundles keep their customers loyal and attract new, higher value customers.

"Bango is delighted that Spotify, the global leader in audio streaming subscription services, is now benefiting from intelligent Bango Resale technology to attract new customers," commented Bango CEO Ray Anderson. "Bango is excited to support its goal to unlock the potential of human creativity by reaching out to more customers across the world."

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For further information please contact:

Bango plc
Ray Anderson, CEO	+44 3330 770 247
Carolyn Rand, CFO
Anil Malhotra, CMO
finnCap Ltd Marc Milmo James Thompson Matthew Radley	+44 207 200 0500
FTI Consulting
Matt Dixon / Rob Mindell	+44 203 727 1000

About Bango

App developers, stores and payment providers cross the threshold into the Bango ecosystem to converge, grow and thrive. By bringing businesses together and powering e-commerce with unique data-driven insights, Bango delivers new business opportunities and new dimensions of growth for customers around the world. Being inside the Bango circle means global merchants including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) can work together with payment partners from Africa to the Americas, accelerating the performance of everyone on the inside.

Bango. Think inside the circle. For more information, visit www.bango.com.

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