Bango Strengthens Team for High Growth with Ex Nokia Exec
February 20 2019 - 1:00AM
Business Wire
Bango (AIM:BGO), the mobile commerce company, announces that
Paul Larbey has joined Bango as Chief Operating Officer as Bango
expands its payments business to a broader mobile commerce platform
offering, enabling its partners to more effectively monetize the
$100 billion plus app ecosystem.
Paul joins in a newly created leadership role to drive the
execution of ambitious growth plans at Bango. Paul will be directly
responsible for the Operations, Customer Delivery and Customer
Success teams, to scale the newly launched Bango Marketplace
product.
Bango Marketplace provides the unique ability to increase
marketing effectiveness through payment insights. This new
initiative sees Bango evolve from a mobile payment to mobile
commerce platform. Through Bango Marketplace, the Bango Platform
is, for the first time, directly open to thousands of developers
globally, and in doing so builds on Bango success with mobile
operators and global merchants.
Paul joins Bango following his role as CEO at Velocix, a global
leader in streaming technology where he remains a Non-Executive
Director. Paul grew Velocix from a small start-up to the world’s
leading IP video streaming specialist. As CEO, Paul led the Velocix
team though its integration into Alcatel-Lucent and then Nokia. In
2018 Paul orchestrated the spin out of the division from Nokia to
create a pure-play streaming technology company.
With over 20 years of experience in the Telecoms market, having
held leadership positions in Cray Communications, Lucent,
Alcatel-Lucent and Nokia, Paul has a strong track record of
successfully bringing new technologies to market.
Paul Larbey, COO at Bango commented. "I have seen Bango
gain increasing momentum with its unique data driven approach to
delivering payments at scale. The recent application of Bango
technology to improve the effectiveness of app developers’ digital
marketing through enabling payment providers to safely monetize
their data, opens huge opportunities for growth. With a strong
technology base and an experienced team, Bango is in a unique
position to capture this new opportunity. I am looking forward to
bringing my experience of scaling up businesses to Bango as it both
rapidly grows its established business and brings on a new wave of
customers."
"Paul comes to the Bango team with years of experience providing
vital technology to industry leaders." said Ray Anderson, CEO of
Bango. "His passion and track record in driving growth and
transformational change aligns to the creation of an ecosystem
where merchants and payment providers converge, grow and
thrive."
ENDS
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190219005963/en/
BangoAnil Malhotra, CMOanil@bango.comTel: +44 7710 480 377
Bango (LSE:BGO)
Historical Stock Chart
From Apr 2024 to May 2024
Bango (LSE:BGO)
Historical Stock Chart
From May 2023 to May 2024