Boku

Boku

Mobile payments processor via carrier billing

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.

About Boku

Simplify's Rating
Why Boku is rated
C+
Rated B on Competitive Edge
Rated B 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

Get referred to Boku

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Boku's H1 2026 revenue rose 11% to $66.5 million despite disruption.
  • Canva expanded with Boku in August 2025, strengthening non-DCB merchant diversification.
  • Virgin Media O2 launched Boku-powered parking DCB on July 14, 2026, widening use cases.

What critics are saying

  • Boku cut 2026 guidance on July 8, 2026 after onboarding delays and suspensions.
  • Two merchants produced 52% of FY25 revenue, creating brutal customer concentration risk.
  • Local authorities suspended two DCB connections in 2026; another major merchant dual-sourced volume.

What makes Boku unique

  • Boku spans carrier billing, wallets, and A2A across 40-plus regulated markets.
  • Boku processed $15.7 billion TPV in 2025 with 114.4 million MAUs.
  • Boku became Stripe's first global payments partner in July 2026.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$146.2M

Above

Industry Average

Funded Over

5 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

3%

2 year growth

10%
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

Sign up to get curated job recommendations

Boku is Hiring for 1 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →