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Bango Share Price Surges Over 7% on Expanded Partnership with Microsoft

Nigel Firth
Nigel Frith trader
Updated 12 Nov 2020

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Shares of Bango (LON: BGO) soared more than 7% Thursday after the company said it expanded its partnership with Microsoft to increase access to Xbox subscriptions and consoles sales.

Bango is already behind the carrier-billed payments in the Microsoft Store. Under the new terms, the tech giant will use the Bango Platform to enable carriers to package Xbox Game Pass Ultimate and Xbox All Access in their subscription packages.

“Bango is focused on growing success for partners through data driven commerce. Unique Bango data insights optimize the targeting of product bundles to boost consumer engagement. Bango is excited to expand its partnership with Microsoft, to take Xbox Game Pass and consoles to millions more gamers across the world,” Paul Larbey, CEO of Bango said.

Bango share price gained on the expanded Microsoft partnership November 2020

Bango share price soared more than 7% to trade at 168p.

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Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.