Boku, Inc. is a mobile payments company that allows businesses to collect online payments through both carrier billing and mobile wallets, and is headquartered in London, U.K. Boku utilizes mobile network operator (carrier) data for consumers online. Boku operates in over 90 countries globally, offering a bank-grade payment system.[1]
In 2020, Boku processed over one billion billable transactions and processed over $7 billion in payments volume.
History
Boku was founded in 2009 by Mark Britto, Erich Ringewald and Ron Hirson[2] using the combined assets of Mobillcash Ltd. and Paymo, Inc. Boku raised a $13 million Series A investment from Khosla Ventures, Index Ventures and Benchmark.[3]
A year later, in 2010 Boku raised an additional US$25 million Series C investment, led by DAG Ventures.[4]