FinTechFunding

Beam Communications: Partners with Kogan just in time for Christmas

  • Beam Communications (BCC) has partnered with Kogan.com (KGN) to sell its messaging device, Zoleo, on Kogan’s platform
  • The device can send messages outside mobile reception and last up to 200 hours
  • The agreement will see the messaging device marketed to Kogan’s 11 million monthly website visitors and over 2.2 million active customers
  • Beam Managing Director and CEO Michael Capocchi said the partnership comes just in time for the Christmas shopping period
  • The device retails for $345, with subscription plans starting from $32 a month
  • On the market this afternoon, Beam is up 9.26 percent, trading for 29.5 cents per share, while Kogan is up 2.29 percent, trading for $20.08 each
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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