Boku, Inc. Overview and Company Profile

Boku, Inc. is a global leader in mobile payments and identity verification. The company was founded in 2009 by a team of experienced entrepreneurs.

Boku's mission is to provide a safe and secure way for people to make payments and access digital content on their mobile devices. This mission is at the heart of everything the company does.

Boku's services are used by millions of people around the world, and the company has partnerships with some of the largest mobile operators and digital content providers.

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Boku, Inc. has a diverse group of shareholders, with various institutions holding significant stakes in the company.

Octopus Investments Ltd. is the largest shareholder, with 13.14% of the shares, closely followed by BlackRock Investment Management (UK) Ltd. with 8.30% of the shares.

The top five shareholders in Boku, Inc. are:

Capital Research & Management Co. (World Investors) has maintained its stake in Boku, Inc., holding 20.46m shares throughout the period.

Danske Bank A/S (Investment Management) has increased its stake in Boku, Inc., buying an additional 1.36m shares, representing a 9.74% increase.

FIL Investment Advisors (UK) Ltd. has also increased its stake, buying 404.97k shares, representing a 31.58% increase.

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Boku provides businesses with the ability to accept mobile payments online from consumers through its M1ST Payments Network, which supports over 330 disparate mobile payment types in 90 countries.

The M1ST Network enables merchants to integrate once into Boku and gain access to the entire payments network, reaching 5.7 billion consumer payment accounts.

Boku offers a subscription bundling product called Trident, which allows subscription services to be offered to consumers through a mobile network operator.

With Trident, businesses can easily bundle their services with mobile network operator plans, making it a convenient option for consumers.

Boku also offers mobile identity products that utilize mobile network operator data to verify consumers' identities, making transactions online more secure.

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Boku, Inc. has been a pioneer in the mobile payments industry, and its innovative approach has driven revenue growth. Boku's platform has processed over 2 billion transactions, making it one of the largest mobile payment companies in the world.

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The company's revenue growth can be attributed to its expansion into new markets and the adoption of new payment methods. In 2017, Boku's revenue reached $230 million, a significant increase from $150 million in 2015.

Boku's success can be measured by its ability to process transactions across various industries, including gaming, music, and digital goods. The company's platform has facilitated transactions for over 100 million unique users worldwide.

By offering a range of payment methods, including carrier billing and mobile wallets, Boku has made it easier for consumers to make purchases on their mobile devices. This has led to a significant increase in revenue for merchants and a boost in customer satisfaction.

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Boku has partnered with some of the biggest names in tech, including Apple Inc. and Google.

These partnerships allow Boku to offer its services to a wider audience, making it easier for people to make payments online.

Boku's payments customers include companies like Sony, Microsoft, and Facebook.

These companies trust Boku to handle their payments, which is a testament to the company's reliability and expertise.

Mobile operators like Vodafone and Verizon have also partnered with Boku, providing their customers with a convenient way to make payments.

Additionally, mobile wallet providers like LINE Pay and KakaoPay have joined forces with Boku, expanding its reach even further.

Boku's partnerships with these companies have helped it become a leader in the payments industry.

Boku, Inc. has a significant presence in the industry with a substantial workforce. 432 people are employed at Boku.

The company's operations are likely well-organized to accommodate such a large team.

Mark Britto is the Chairman, Founder of Boku, making him a key figure in the company's leadership and direction.

Boku is based in San Francisco, California. This is where the company operates its core business. I've heard great things about the entrepreneurial spirit in San Francisco, it's a hub for innovation.

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Boku employs a relatively small team of 432 people.

Working with a smaller team can have its advantages, such as increased collaboration and communication among employees.

Boku, Inc. has a significant presence in the intellectual property space, with 81 patents filed under its name.

The company's patents are diverse, covering a range of topics, including merchant services, mobile virtual network operators, and online payments.

One notable patent filed by Boku is a multi-dimensional framework for defining criteria that indicate when authentication should be revoked.

This patent was granted on October 26, 2021, and has a related topics list that includes computer network security, wireless networking, diagrams, cryptographic protocols, and computer access control protocols.

Here are the 3 most popular patent topics filed by Boku:

Boku's competitors in the fintech space offer a range of services that cater to different business needs. Rapyd, for example, specializes in global payment processing and financial technology solutions, allowing businesses to accept payments online and manage multi-currency accounts.

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Rapyd's platform is designed to simplify financial transactions across borders, making it a strong competitor to Boku in the global payment processing market. Founded in 2016, Rapyd has established itself as a major player in the fintech industry.

PayU, another competitor, offers a global payment platform that enables merchants to process online payments and optimize transaction approval rates. Founded in 2002, PayU has a strong presence in the ecommerce industry, particularly in emerging markets.

Worldpay, a payments technology company, specializes in omni-commerce solutions that enable businesses to accept, manage, and make payments across multiple channels. Founded in 1993, Worldpay has a long history of providing payment solutions to small businesses and enterprises.

Lemonway, a payment institution, offers a modular payment system that enables clients to handle transactions from collection to disbursement, with a focus on regulatory compliance. Founded in 2007, Lemonway primarily serves the e-commerce industry, crowdfunding platforms, and other online marketplaces.

FusionPay, a pay-tech company, specializes in digital payment solutions for the Asian market, offering integrated mobile payment services such as WeChat Pay and AliPay. Founded in 2018, FusionPay allows Chinese customers to pay in their local currency while merchants receive payments in GBP or EUR.

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Boku, Inc. has a strong presence in the mobile payments market, with over 250 million registered users worldwide.

Their expertise in mobile payments has led to partnerships with major companies like Google, Facebook, and Amazon.

Boku's technology allows users to make purchases with their mobile phone number, eliminating the need for credit cards or other forms of payment.

This innovative approach has made Boku a leader in the digital payments industry.

Their platform supports over 60 different currencies, making it a global solution for mobile payments.

Boku's technology is used by a wide range of businesses, from gaming companies to online retailers.

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Boku, Inc. is a UK-based company that offers a range of financial and legal services to its clients.

The company is registered in the UK and is subject to UK laws and regulations, which provide a strong framework for protecting consumers and businesses alike.

Boku's payment services are also regulated by the UK's Financial Conduct Authority (FCA), which ensures that the company adheres to strict standards for security and transparency.

The FCA's regulations require Boku to maintain robust anti-money laundering (AML) and know-your-customer (KYC) procedures, which help prevent financial crimes and ensure that transactions are legitimate.

Boku's financial reports are publicly available, providing a clear picture of the company's financial performance and stability.

In 2020, Boku reported a revenue of £44.8 million, with a net loss of £12.3 million.

The company's financial performance is closely monitored by investors and analysts, who assess the company's prospects for growth and profitability.

Boku's financial reports also highlight the company's efforts to reduce its carbon footprint and promote sustainability in its operations.

The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented various initiatives to minimize its environmental impact.

Boku's commitment to sustainability is reflected in its financial reports, which provide a transparent and detailed account of the company's environmental performance.

Boku, Inc. has been making waves in the digital payments space with its innovative solutions.

The company is known for its mobile payments platform, which allows users to make transactions using their mobile phones.

Boku's platform supports over 60 mobile operators worldwide, giving users a wide range of payment options.

In 2013, Boku raised $26 million in funding, which helped the company expand its services and reach new markets.

Boku's platform has been used by major companies like Spotify and Google Play, demonstrating its reliability and scalability.