Company Overview
Snapshot
Founded in January 2007 by Yoram Romem, Pango operates with 51–200 employees. The company has raised $76.5M across two funding rounds from two investors. In November 2020, Harel Insurance & Finance acquired a stake in the company.
Business overview
Pango Pay N' Go offers smart parking solutions, focusing on mobile parking and payment. The company leverages advanced customer profiling, smart analytics, and real-time parking guidance to create a mobile parking ecosystem. This system provides location-based services, personalized offerings, and arrival solutions, benefiting customers, merchants, parking operators, and municipalities. Pango operates within the Automotive & Mobility Technologies sector, specifically in Urban Mobility, and also spans Fintech & Insurtech, particularly in Money Transfer & Management.
Strategic signal
In May 2025, Pango faced significant antitrust resistance, leading to the unraveling of a mobility-tech deal after a year of regulatory hurdles. This development signals increased scrutiny from regulators on consolidation within the mobility technology sector, indicating potential challenges for future M&A activities and highlighting the importance of navigating complex regulatory landscapes for companies in this space.
Log in to access full profile ›Company Intelligence Q&A
- When was Pango founded?
- Pango was founded in January 2007.
- What significant corporate development occurred in November 2020?
- In November 2020, Harel Insurance & Finance acquired a stake in Pango.
- What was the outcome of Pango's talks to acquire Gett?
- In May 2025, the mobility-tech deal for Pango to acquire Gett unraveled after a year of regulatory hurdles and antitrust resistance.