Bango targets Asia, Latin America for mobile payments growth

02/10/2013 | TechCrunch

Bango's latest share issue has raised $10.2 million that the mobile payments company says it will use to expand in Asia and Latin America. The strategy focuses on emerging markets where smartphone penetration is low, compared with the developed world, and credit cards are also more of a rarity, providing a clearer opening for mobile payments, this article notes.

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