IN BRIEF: Bango shares rise amid strategic partnership in Korea

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Bango PLC - Cambridge-based digital payments firm - announces a strategic partnership with KT, a telecommunications provider in the Republic of Korea, to deliver subscription services to its 13.5 million customers. This is the first digital vending machine agreement for Bango in Korea. ‘KT is a leader in its field and now, also in the subscription space, taking bold steps to offer customers a wide and modern mix of digital services,’ says Paul Larbey, chief executive of Bango. ‘With the Bango DVM, they can move faster, launch smarter, and deliver the high-demand subscriptions people are asking for, from subscription video on demand to AI.’

Current stock price: 92.06 pence, up 5.2% in London on Thursday

12-month change: down 31%

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