LONDON: Boku Inc (AIM: BOKU), the leading global provider of localized payment solutions, has reported a significant surge in its annual revenues and user engagement for the year ended December 31, 2023. Financial Growth:Boku’s revenues climbed by 30% to $82.7 million, up from $63.8 million the previous year, marking a 33% increase on a constant…
Tag: Boku Inc
Boku Inc appoints Stuart Neal as new CEO to lead global payment network
LONDON: Boku Inc, the leading provider of localized payment solutions, has announced that Stuart Neal will take over as its new Chief Executive Officer and Director from January 2024. Neal succeeds Jon Prideaux, who will retire after eight years at the helm of Boku, but will remain on the Board as a Non-Executive Director. Neal…
Boku Inc announces CEO retirement and successor
LONDON, UK: Boku Inc, a leading provider of global mobile payment solutions, has announced that its Chief Executive Officer, Jon Prideaux, will retire from his role on 31 December 2023. Jon, who has been at the helm of the Company since 2014, will remain on the Board as a non-executive director after his retirement. The…
Boku Inc to sell Boku Identity to Twilio for $32.3mn
LONDON, UK: Boku Inc., a leading provider of mobile payment solutions, has reached agreement for the divestment of its wholly-owned subsidiary Boku Identity Inc. to Twilio Inc. for a maximum transaction value of $32.3 million, payable in cash. Boku Identity provides mobile identity and authentication solutions driven by real-time connections to Mobile Network Operators (MNOs)….
Boku Inc.completes $41mn acquisition of Fortumo
LONDON: Boku Inc, a leading global mobile payment and mobile identity company, announced that it has successfully completed the acquisition the entire issued and to be issued share capital of Fortumo Holdings and its subsidiaries in a transaction valued at a maximum enterprise value of $41 million. The Acquisition is a significant step in Boku’s…
Japanese music streaming platform enlists Boku to grow subscriber base
LONDON: Boku Inc, an independent carrier commerce company, announced a preferred partnership agreement with AWA Co. Ltd. to allow AWA’s Japanese customers to charge their recurring monthly subscription fees directly to their mobile phone bills via direct carrier billing. Through the agreement, Boku offers direct carrier billing as a payment mechanism available to AWA’s customer…