ICT

Boku, Inc

Company Profile Analysis

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Boku, Inc - ICT showcase

Year Founded & Workforce

2008-12-31

305 Employees

Industry

ICT

Services

B

Boku, Inc Overview

Company Headquarters: US

Founded: 2009

Workforce: ~305

Company Working: Boku, Inc specializes in mobile payments and enables companies to accept online payments via carrier billing and mobile wallets. With its specifically designed payment network of more than 250 local payment methods that reach 7 billion accounts across 65 countries, global brands like Apple, Amazon, DAZN, Meta, Microsoft, Google, Netflix, Sony, Spotify, and Tencent rely on Boku to reach millions of new paying consumers who do not use credit cards.

Strategy

Boku Inc emphasizes retaining its existing customer base and expanding in untapped markets while maintaining customer satisfaction and supplying high-quality and reliable products. The company also invests heavily in R&D. It aims at increasing its global presence by serving various markets via its marketing and distribution network.

Company Snapshot

$50.1M

Revenue

305

Employees

2008-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Strong financial performance enables the company to invest significantly on the business expansion .
  • Strong R&D capabilities

Weaknesses

  • High dependence on a limited number of customers for revenue generation might affect the company’s performance materially if the company is unable to retain them.

Opportunities

  • Increasing demand for carrier billing

Threats

  • Growing market competition

Key Developments

DateApproachDevelopment
August 2021Product LaunchThe mobile payments business BOKU announced the introduction of M1ST, a mobile payments network, as part of its growth beyond carrier billing.330+ mobile payment options are available through M1ST, commonly known as Mobile First, including mobile wallets, direct carrier billing, and real-time payment systems. Ninety countries and 5.7 billion mobile payment accounts can use the payment methods.
July 2020AcquisitionBoku Inc announces the completion of its acquisition of Fortumo Holdings, Inc.'s whole issued and to be issued share capital. The acquisition combines two powerful platforms in the DCB industry with complementary skills and customer bases and is considered a milestone in Boku's worldwide Direct Carrier Billing (DCB) expansion strategy. Fortumo primarily serves over 400 small-to-medium-sized businesses with mobile payment solutions, but it also works with bigger retailers like Google, Amazon, and Tencent.
February 2020PartnershipBoku Inc. and AWA Co. Ltd. have formed a cooperation to allow AWA's Japanese clients to charge their monthly subscription payments directly to their mobile phone bills through direct carrier billing.
November 2019PartnershipTo enable customers to sign up for and pay for the service using their mobile phone, broadband, and pay-TV accounts, Boku Inc. established a global agreement with DAZN. With the partnership, Boku will provide DAZN consumers with direct carrier billing and carrier bundling payment alternatives.

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Boku, Inc as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Boku, Inc

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