For mobile payments and analytics provider Bango.net Ltd., a recent shot in the arm from investors represents a chance to expand into emerging markets and help offset the company's costs for preparing for the next generation of BlackBerry phones.

Cambridge, U.K.-based Bango raised £6.5 million (U.S. $10.2 million) by selling 3.2 million shares on the London Stock Exchange. The publicly-traded company connects digital merchants like app and game developers to the billing platforms of mobile network operators worldwide with its one-click mobile pay technology.

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry