Boku
Boku is a global mobile payments company trusted by tech giants, operating in over 60 countries and supporting more than 200 local payment methods.
Boku Services
Boku provides a payment network trusted by tech giants and spans over 60 countries. The platform supports automatic, repeatable charges for various payment methods and is secured through mobile phones to eliminate chargebacks. Boku's services include local payment method support, global settlement operations, and integrating promotional offers into consumer payment flows. Additionally, Boku’s payment gateway consolidates hundreds of local payments into a single set of APIs, ensuring the seamless management of transactions.
Boku Global Reach
Boku reaches over 7 billion payment accounts through its extensive network and supports over 200 local payment methods. The company operates in more than 60 countries and has seen substantial growth, with a 475% increase in monthly active users since 2018. By having employees stationed in 29 markets, Boku maintains local advocacy for payment partners on behalf of merchants. Their global settlement operation is built on 34 corporate entities across 54 markets, handling transactions in 33 different currencies.
Boku History
Boku has made significant strides since its inception. Notably, the company integrated its first mobile wallet, GCash from the Philippines, in 2010. In 2012, Boku began supporting recurring payments with its first subscription merchant, Spotify, and in 2013, it entered the console gaming market with the Sony PlayStation Store. Boku went public in 2017, launching on the London Stock Exchange as BOKU.L. The acquisitions of Danal in 2018 and Fortumo in 2020 bolstered its capabilities in mobile identity and added a European technology center in Estonia.
Boku Partnerships and Integrations
Boku has forged significant partnerships and integrations, reflecting its industry influence. In 2021, Boku launched recurring payments on mobile wallets for Netflix in Southeast Asia. The following year, Boku began a global partnership with Amazon, enabling mobile wallets for Amazon Prime. These collaborations highlight Boku's strength in providing essential payment solutions for top-tier merchants worldwide.
Boku Key Offices
Boku maintains significant office locations in San Francisco, California, and London, UK. These locations serve as central hubs for overseeing the company’s expansive operations, which include managing over $9 billion in annual transactions. Additionally, Boku's merchant funds are securely held in Globally Systemically Important Financial Institutions (G-SIFI), ensuring robust financial safeguards.