September 26, 2016 3:38 AM ET

Internet Software and Services

Company Overview of Boku, Inc.

Company Overview

Boku, Inc. provides carrier billing-based mobile payments services. The company offers a platform for consumers, merchants, and carriers to bring bank-grade payments technology and mobile users together. Its platform enables customers to charge their purchases directly to their mobile bill using their mobile number; and merchants to accept payments from anyone with a mobile phone. The company’s platform supports any charge on any device—offline and online, including mobile, desktop, console, and smart TV (one-time-only, subscription, or top-up). It also offers Phone-on-File, a cross-platform solution that allows a consumer to store their mobile phone number as their preferred payment method ...

735 Battery Street

2nd Floor

San Francisco, CA 94111

United States

Founded in 2008

Phone:

415-375-3160

Key Executives for Boku, Inc.

Chief Executive Officer
Executive Chairman
Age: 51
Chief Financial Officer
Senior Vice President of Engineering and Operations
Managing Director of EMEA
Compensation as of Fiscal Year 2016.

Boku, Inc. Key Developments

Boku Signs New Carrier Partnerships in Germany and Italy

Boku Inc. reported new carrier partnerships in Germany and Italy to power carrier billing on Spotify. This is an expansion of Boku's existing global partnership with Spotify that first launched in the United Kingdom and includes every major carrier in Germany and an Italian mobile operator. With these new agreements, nearly 90 million mobile subscribers across these markets will be able to purchase Spotify Premium subscriptions using their mobile phone number without the need for a credit card. Spotify gains the ability to provide a direct carrier billing option in these markets to acquire customers who find using their mobile phone number for PC and mobile web-based purchases to be the most secure and seamless way to pay.

Boku Announces an Expanded Agreement with Microsoft

Boku announced an expanded agreement with Microsoft, bringing Boku direct carrier billing to the new Windows Store for the first time. Consumers will be able to use their mobile phone numbers to add their mobile operator account as a payment option when making a purchase of apps, games, music and more. Boku writes that this is the first time carrier billing will be offered as a payment option on the full range of Windows 10 devices. The first carriers to sign up are Sprint and Swisscom. Boku is the first carrier billing provider to partner with Microsoft on Windows 10 and the only provider for Microsoft carrier billing in the US. New carriers in more markets are expected to be added in the coming months.

Boku Brings Carrier Billing to the Coffee Shop

Boku announced a new partnership with Japan's coffee chain, Ueshima Coffee Co. to bring carrier billing to its brick and mortar coffee shops across Japan. This is a first partnership that allows customers to top up their Ueshima Coffee cards using their mobile phone in order to purchase coffee, food, and other products in any Ueshima coffee shop. With Boku, Ueshima Coffee customers are able to add money to their Ueshima Coffee cards using only their carrier login, either through the Ueshima mobile app or website. The funds are instantly added to their card. At the register, customers can use the magnetic stripe on their physical Ueshima card. The initial launch of carrier billing through Boku will cover more than 450 Ueshima coffee shops across Japan, with plans to expand into new global markets in the coming months.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 1, 2016
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