Boku

Boku

Mobile payments processor via carrier billing

About Boku

Simplify's Rating
Why Boku is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Fintech

Financial Services

Company Size

501-1,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2008

Overview

Company Does Not Provide H1B Sponsorship

Boku operates a global mobile payments network that lets online businesses accept payments through direct carrier billing and mobile wallets. It connects merchants to mobile operators and digital wallets, enabling customers to pay with their phone number and have charges appear on a carrier bill or deducted from a wallet balance. It stands out by emphasizing carrier billing and mobile-wallet payments at scale across many countries, especially in markets with low credit-card penetration, rather than relying on traditional card gateways. The goal is to help brands monetize services globally by providing a simple, bank-agnostic way for consumers to pay using their mobile accounts.

Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Revenue jumped 34% to $128.5 million in 2025, driven by digital wallets and bundling.
  • Launched Rakuten Pay, Naver Pay, MerPay in Japan and QRPH in Philippines in 2025.
  • Serves Google, Sony, Microsoft, Tencent, Spotify with carrier billing and identity verification.

What critics are saying

  • Adyen's Telefónica, Vodafone deals bypass Boku, cutting 20% Europe market share now.
  • Apple Pay erodes Asia-Pacific volume where it holds 30% smartphone share in 12 months.
  • EU fines force Google to UPI, slashing Boku's revenue 40% within 3-6 months.

What makes Boku unique

  • Boku connects merchants to 200+ local payment methods across 60+ countries via single integration.
  • Trident bundles subscriptions through mobile operators, powering 48.2 million active subscribers.
  • Partners with Vodafone, Verizon, Jio, and wallets like LINE Pay, KakaoPay, GCash.

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Funding

Total Funding

$146.2M

Above

Industry Average

Funded Over

4 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Remote Work Options

Hybrid Work Options

Flexible Work Hours

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

2%

2 year growth

8%
FinSMEs
Jun 17th, 2025
Ubyx Raises $10M in Seed Funding

Ubyx, a NYC-based provider of a stablecoin clearing system, raised $10M in Seed funding

PYMNTS
Jun 25th, 2020
Boku To Power Up Mobile Payments With Japan’s LINE Pay

Mobile payments firm Boku plans to partner with Japan's LINE Pay, a money-transfer service, to reach the more than 37 million LINE Pay users in Japan.

PYMNTS
Jun 18th, 2020
Carrier Billing’s Coming Renaissance

Boku CEO Jon Prideaux says carrier billing is evolving toward carrier bundling as telcos realize they have more to leverage than just their billing capability.

PYMNTS
Jun 4th, 2020
New Report: Opening Up Banking To Everyone But The Money Launderers

Financial institutions (FIs) are working during the pandemic to provide speedy digital services while fighting off the rise in fraud attempts.

PYMNTS
Jun 3rd, 2020
Why ‘Privacy By Design’ Is Mobile Apps’ Next Big Thing

After some three months of keeping consumers at home, governments around the world are beginning to let people publicly mix again — albeit in a modified fashion that involves wearing masks, keeping socially distant and limiting crowded indoor locations. The big question is how to make sure infection rates and hospitalizations don’t skyrocket.

Recently Posted Jobs

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