Alternative Payment Solution: Boku

2019-02-26
Price :
Published : Feb-2019
No. of Pages : 16

Alternative Payment Solution: Boku

Summary

Boku Inc. is one of the world’s leading carrier billing-based mobile payment services. Primarily used for purchases of digital content, Boku is used by leading digital companies including Apple, Google, Sony, Microsoft, Facebook, and Spotify. Boku enables customers to charge their payments directly to their mobile bill and provides merchants with the ability to accept payments from anyone with a mobile phone.

Launched in 2009 in the US, Boku is now accepted in over 50 countries and has partnerships with over 160 mobile network operators (MNOs). It has offices in the US, the UK, Germany, India, China, France, Latvia, Brazil, Singapore, Taiwan, and Japan.

The platform has received around $90m in funding since its inception, with Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures, and New Enterprise Associates (NEA) the major investors. In November 2017, Boku raised £45m ($57.42m) through an initial public offering (IPO) and commenced trading on the AIM sub-market of the London Stock Exchange. Investments in the company have supported its international expansion, as inorganic growth is the firm’s core strategy.

To expand its business it has acquired payment service providers such as Danal in 2018, Mobileview Italia in 2015, Mopay in 2014, and Qubecell in 2013.

The report provides information and insights into alternative payment solution Boku including –
– Detailed insight into its business
– Comprehensive coverage of its products and services
– Comparative assessment with key alternative payment solutions
– Information on its performance, including its revenue model
– The company’s important events and milestones.

Scope

– In June 2009, Boku mobile payment service was launched. The company was incorporated by Vidicom, which eventually renamed itself Boku Inc.
– Boku offers online checkout for merchants, allowing them to accepts payments on their online websites.
– Boku enables merchants to reach out to new customers by offering carrier bundling programs.
– In September 2018, launched a phone verification service, allowing merchants to verify customers’ phone number using Boku.

Reasons to buy

– Gain insights into Boku’s business operations and key events.
– Gain insights into its product portfolio and revenue model.
– Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.

Filed in: Banking & Finance
Publisher : GlobalData
More Reports
Title Price Buy Now

Bulgaria Cards and Payments – Opportunities and Risks to 2023

Bulgaria Cards and Payments - Opportunities and Risks to 2023 Summary GlobalData's 'Bulgaria Cards and Payments - Opportunities and Risks to 2023' report provides detailed analysis of market trends in the Bulgarian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2015-19e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2019e-23f). It also offers information on the country's competitive landscape, including the market shares of issuers......
$2750

United Overseas Bank – Enterprise Tech Ecosystem Series

United Overseas Bank - Enterprise Tech Ecosystem Series Summary United Overseas Bank (UOB) provides a range of financial solutions, including deposit accounts, loans, payment and travel cards, and insurance. It offers trade finance, corporate finance, financial supply chain management, savings bonds, cash management, treasury management, and debt and equity capital market solutions. The group provides various other services such as asset management, wealth management, venture management, advisory, private banking, transaction banking, mobile banking, online banking, and internet banking services. It also offers travel management, futures broking, stockbroking, portfolio management, and property management services. The group operates in Asia Pacific, Europe, and North America. UOB is he......
$1295

Chile Cards and Payments – Opportunities and Risks to 2024

Chile Cards and Payments - Opportunities and Risks to 2024 Summary GlobalData's 'Chile Cards and Payments - Opportunities and Risks to 2024' report provides detailed analysis of market trends in the Chile's cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, cheques, and direct debits during the review-period (2016-20e). The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2020e-24f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.......
$2750

MobilePay – Competitor Profile

MobilePay - Competitor Profile Summary MobilePay is a popular mobile payment solution in Denmark. Launched as a money transfer app by Danske Bank in 2013, it later extended its offering to include online, in-app, and in-store payments. It allows users to make fund transfers between friends, family members, and businesses using their mobile phone number. Users can store card details within the MobilePay app, which can be used for payments at online and offline merchants. To make online payments, users choose MobilePay at the checkout and approve the payment on their mobile phone. As per our 2019 Banking and Payments Survey, MobilePay accounted for 8.1% of total e-commerce transaction value in Denmark in 2019, ahead of its main rival PayPal. Users can make in-store payments via NFC (at co......
$350

Retail Savings and Investments in New Zealand – (COVID-19) Impact Snapshot

Retail Savings and Investments in New Zealand - (COVID-19) Impact Snapshot Summary The Coronavirus (SARS-CoV-2) outbreak, dubbed COVID-19, is first and foremost a human tragedy, affecting millions of people globally. The contagious Coronavirus, which broke out at the close of 2019, has led to a medical emergency across the world, with the World Health Organization officially declaring the novel Coronavirus a pandemic on March 11, 2020. Fears surrounding the impact of COVID-19 have already significantly impacted the global economy, with key markets across the globe losing 20-50% of their value for the year to date. Many economists and institutions have cut their forecasts, with consensus global GDP growth currently at 2.6% for 2020 and many experts predicting the potential onset of rece......
$1495

Payments in South Korea – (COVID-19) Impact Snapshot

Payments in South Korea - (COVID-19) Impact Snapshot Summary The Coronavirus (SARS-CoV-2) outbreak, dubbed COVID-19, is first and foremost a human tragedy, affecting millions of people globally. The contagious Coronavirus, which broke out at the close of 2019, has led to a medical emergency across the world, with the World Health Organization officially declaring the novel Coronavirus a pandemic on March 11, 2020. South Korea's GDP has been revised downward for 2020 due to the economic disruption caused following the outbreak of Coronavirus. There has been a sharp rise in the cancelation of flights, hotel bookings, and major upcoming events. Furthermore, in an attempt to avoid contraction in the overall economy, the Bank of Korea reduced its benchmark rate on March 16 from 1.25% to 0.......
$1495

France PESTLE Insights – A Macroeconomic Outlook Report

France PESTLE Insights - A Macroeconomic Outlook Report Summary Financial intermediation, real estate and business activities contributed 30.6% to the gross value added (GVA) in 2019, followed by mining, manufacturing and utilities (13.6%), and wholesale, retail and hotels (13.2%) according to MarketLine estimates Four major regions of France generated around 57.5% of the country's GDP and comprised 47.9% of the country's population in 2018 Scope - As per World Bank's logistics performance index (LPI), transport and logistic infrastructure in France was unchanged over the last two years with rank of 16th out of 160 countries in 2016 and 2018 Reasons to Buy - Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political,......
$500

Italy PESTLE Insights – A Macroeconomic Outlook Report

Italy PESTLE Insights - A Macroeconomic Outlook Report Summary Financial intermediation, real estate and business activities contributed 28.1% to the gross value added (GVA) in 2019, followed by mining, manufacturing and utilities (19.4%), and wholesale, retail and hotels activities (15.6%). In nominal terms, the three sectors grew by 1.2%, 2.9% and 2.8%, respectively in 2019, according to MarketLine estimates. The FTSE MIB (Milano Indice di Borsa) index is the benchmark index of the Italian national stock exchange, the Borsa Italiana. The overall index has recorded a decline of 2.99% from the previous year. As of June 3rd, 2020 FTSE MIB index stood at 19,641.81, compared to 20,229.42 on June 4th, 2019. Scope - According to the Global Competitiveness Report 2019, Italy's infrastructur......
$500

Swish – Competitor Profile

Swish - Competitor Profile Summary Swish is a Swedish mobile payment solution launched in 2012. It is one of the leading P2P payment solutions in Europe with 7.5 million users. Initially launched as a P2P payment service, it was extended to allow merchants to accept payments for online and offline purchases. The solution enables users to make real-time P2P transfers from their mobile phone using the recipient's number. To transfer funds, both sender and recipient need to have a bank account with one of 12 participating banks; they also must have linked their mobile phone number with their bank account. In addition, the solution allows consumer-to-business (C2B) transfers, enabling customers to transfer money to offline merchants using their unique Swish number. Users can also pay mercha......
$350

Retail Savings and Investments in the United States of America (USA) – (COVID-19) Impact Snapshot

Retail Savings and Investments in the United States of America (USA) - (COVID-19) Impact Snapshot Summary The Coronavirus (SARS-CoV-2) outbreak, dubbed COVID-19, is first and foremost a human tragedy, affecting millions of people globally. The contagious Coronavirus, which broke out at the close of 2019, has led to a medical emergency across the world, with the World Health Organization officially declaring the novel Coronavirus a pandemic on March 11, 2020. Fears surrounding the impact of COVID-19 have already significantly impacted the global economy, with key markets across the world losing 20-50% of their value for the year to date. Many economists and institutions have cut their forecasts, with consensus global GDP growth currently at 2.6% for 2020 and many experts predicting the ......
$1495
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy