BOKU BOKU INC.

Boku Launches Direct Carrier Billing with Microsoft and Vodafone in Three European Markets

Boku Launches Direct Carrier Billing with Microsoft and Vodafone in Three European Markets

LONDON, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Inc., (AIM: ), the world's leading provider of mobile payment and identity solutions is pleased to announce the launch of direct carrier billing payment services to Microsoft platform users and Vodafone subscribers in the United Kingdom, the Netherlands and the Czech Republic.

This partnership brings seamless and secure cardless payments to Vodafone subscribers in three countries in both Microsoft’s Xbox and Windows stores.

Gamers and Windows users are now able to speed through checkout by using their phone number as their on-file payment method. To that end, direct carrier billing will further accelerate the access and utilization of Microsoft products via digital payments for millions of Vodafone subscribers.

Jon Prideaux, CEO of Boku, commented, “This collaboration with Microsoft will provide convenience and security to the millions of existing Microsoft platform users, as well as attract new ones. It also further enhances the existing and extensive global carrier coverage Boku enables alongside strategic partners like Vodafone.”

Enquiries:

Boku, Inc.

Jon Prideaux, Chief Executive Officer and Keith Butcher, Chief Financial Officer

+44 (0)20 3934 6630

IFC Advisory Limited (Financial PR & IR)

Tim Metcalfe / Graham Herring / Florence Chandler

+44 (0)20 3934 6630

About Boku

Boku Inc. (AIM: BOKU) is the world’s leading provider of mobile payment and mobile identity solutions. Boku’s technology platform, which is linked to more than 200 mobile wallets and network operators worldwide, verifies user identity, executes payments, and provisions new services, simplifying daily mobile interactions between consumers and digital organizations.

Boku’s technology platform is used in over 59 countries with over 815 million verified transactions in 2019, contributing $5 billion to the digital economy. Businesses that currently employ Boku’s platform to simplify sign-up, acquire new paying users and prevent fraud include global leaders such as Apple, Discover, Experian, Facebook, FIS, Fiserv, Google, Microsoft, Netflix, Paypal, Sony, Spotify and Western Union.

Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with offices in various locations globally including in the US, Mumbai, Munich, Beijing, Paris, Sao Paulo, Singapore, Taipei, and Tokyo.

To learn more about Boku Inc., please visit:

About Microsoft

Microsoft enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

About Vodafone

Vodafone is a world-leading technology communications company with 625 million+ global customers, a presence in 65 countries and 94 million+ business IoT connections



EN
08/12/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on BOKU INC.

Boku Inc: 4 directors

Four Directors at Boku Inc sold after exercising options/sold 1,006,955 shares at 166p. The significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the ...

Richard Williamson
  • Richard Williamson

Boku - Contract with Amazon Japan

Building on from its agreement to support local payment methods for Amazon Prime Video in South-East Asia, Boku has signed a separate contract with Amazon Japan to support e-commerce sales. The service has gone live and, while we expect minimal impact in FY24, we expect the contract to support our growth forecasts for FY25 and FY26. The contract represents a further strengthening of the relationship with Amazon and highlights Boku’s ability to support a wide range of transaction types over and a...

Richard Williamson
  • Richard Williamson

Boku - H124 revenue growth supports FY24 outlook

Boku reported 24% y-o-y revenue growth in H124, with both digital wallet/account-to-account (A2A) payments and direct carrier billing (DCB) payments growing at double-digit rates. Adjusted EBITDA grew 18% y-o-y with a margin of 30.1%. With ambitions to become the best localised payment partner for global commerce, Boku continues to invest in enhancing its product portfolio and strengthening its compliance and treasury functions. A pipeline of new digital wallet/A2A launches for major merchants a...

Richard Williamson
  • Richard Williamson

Boku - Strong underlying revenue growth in H124

In H124, digital wallets/account-to-account (A2A) adoption continued, with revenue growth of more than 50% y-o-y. Carrier billing revenues were robust with double-digit growth. The adjusted EBITDA margin is expected to be broadly flat versus FY23 as Boku invests to support core back-end infrastructure. We have raised our revenue forecasts while trimming our EBITDA forecasts to reflect this investment, which should support stronger growth in the medium term. The company has appointed a new CFO, R...

 PRESS RELEASE

Edison issues outlook on Boku (BOKU): Making the complex simple for gl...

Edison Investment Research Limited Edison issues outlook on Boku (BOKU): Making the complex simple for global merchants 20-March-2024 / 14:37 GMT/BST The issuer is solely responsible for the content of this announcement.   London, UK, 20 March 2024   Edison issues outlook on Boku (BOKU): Making the complex simple for global merchants Boku’s strategy to widen its offering within the local payment method (LPM) market accelerated FY23 revenue growth to 30%, with 15% growth from the core direct carrier billing (DCB) business and supplemented by 153% growth from eWallets and real-...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch