In yesterday’s official announcement, Bango Confirmed The company’s acquisition of the global payments business of NTT Docomo (Docomo Digital) for a total of €4 million.
In addition to the acquisition, Bango said it has signed a long-term platform deal with the company to provide payment services in Japan for the world’s largest merchants. Through recent acquisitions, Bango aims to accelerate the expansion of global partnerships with key customers.
“Acquiring DOCOMO Digital strengthens our position as a global leader in data-driven commerce. The Bango platform enables operators to tap into the universal appeal of the world’s largest online brands and digital merchants to reach new customers instantly, both powered by data-driven insights. , making it easier for consumers to access goods and digital services,” said Paul Larbey, CEO of Bango.
financial highlights
Bango said the acquisition is expected to contribute $5 million in fiscal 2022 and approximately $16 million in fiscal 2023. Besides, the recently acquired company brought him a cash balance of €3.1 million.
Tsutomu Tahara, Head of Wallet Services at NTT DoCoMo, said: Bango is uniquely positioned with market-leading technology to benefit our customers in Japan and our merchant partners around the world. Bango’s role as an independent platform and trusted partner provides a great opportunity to accelerate the growth of the global payments ecosystem. ”
“We know our business and our team well, having competed with DOCOMO Digital for many years. With NTT DOCOMO’s support, DOCOMO Digital has developed relationships with quality carrier and merchant customers, and we are pleased to offer them the benefits of the Bango platform.”
In yesterday’s official announcement, Bango Confirmed The company’s acquisition of the global payments business of NTT Docomo (Docomo Digital) for a total of €4 million.
In addition to the acquisition, Bango said it has signed a long-term platform deal with the company to provide payment services in Japan for the world’s largest merchants. Through recent acquisitions, Bango aims to accelerate the expansion of global partnerships with key customers.
“Acquiring DOCOMO Digital strengthens our position as a global leader in data-driven commerce. The Bango platform enables operators to tap into the universal appeal of the world’s largest online brands and digital merchants to reach new customers instantly, both powered by data-driven insights. , making it easier for consumers to access goods and digital services,” said Paul Larbey, CEO of Bango.
financial highlights
Bango said the acquisition is expected to contribute $5 million in fiscal 2022 and approximately $16 million in fiscal 2023. Besides, the recently acquired company brought him a cash balance of €3.1 million.
Tsutomu Tahara, Head of Wallet Services at NTT DoCoMo, said: Bango is uniquely positioned with market-leading technology to benefit our customers in Japan and our merchant partners around the world. Bango’s role as an independent platform and trusted partner provides a great opportunity to accelerate the growth of the global payments ecosystem. ”
“We know our business and our team well, having competed with DOCOMO Digital for many years. With NTT DOCOMO’s support, DOCOMO Digital has developed relationships with quality carrier and merchant customers, and we are pleased to offer them the benefits of the Bango platform.”
