Another sign of the significant investment and attention going into the mobile payments market: BOKU is today announcing a significant new round of funding totaling $35 million, to be used to continue building out its payments business.
Of that amount, TechCrunch understands that $30 million will be coming from VCs and angels led by new investor NEA, with participation also from existing… → Read More
Boku is debuting a brand new mobile payments platform today, that aims to disrupt the current way that consumers pay for goods via their mobile phones or credit cards. As you may remember, Boku offers an online payments platform that allowed users to pay for online goods by charging the transaction to their mobile phone bill. When a user wants to purchase a virtual item, he can enter his cell… → Read More
Today, mobile payments company Boku is launching direct carrier billing agreements with two of the largest mobile carriers in France— Bouygues Telecom and SFR, offering over 32 million French customers the ability to pay for virtual goods and services using only their existing wireless service account.
Historically, mobile payments companies face the challenge of lofty carrier rates. Wireless… → Read More
Mobile Payments were a hot topic at this year’s Mobile World Congress. I mean HOT (well, if your into that kind of thing of course). Based on what I saw at the event though, there are a lot of people into that kind of thing. In fact, they had an entire day dedicated to the concept. Panels and speakers talking shop, standing room only crowds, hundreds and hundreds of suits – any… → Read More
After announcing direct relationships with AT&T, Zong, Boku are announcing relationships with Verizon through mobile payments operator BillToMobile (MoPay, another competitor in the space also has a partnership with BillToMobile).
So why is this important? Historically, mobile payments companies face the challenge of lofty carrier rates. Wireless carriers have charged roughly 30% to 40% to… → Read More
When an analyst asked Steve Jobs during Apple’s last earnings call what he plans to do with Apple’s $50 billion in cash, he replied that he wants to keep Apple’s “powder dry” in case “one or more strategic opportunities . . . come along.” Speculation started immediately about who Apple could buy with all that cash: Facebook, Sony, Adobe?
But Apple never makes huge acquisitions. It tends to make… → Read More
Both Apple and Google are engaged in conversations with mobile payments startup BOKU about a potential acquisition or a wide-reaching partnership at the very least, we’ve heard from people familiar with the talks, which are ongoing.
BOKU President and CEO Mark Britto and co-founder Ron Hirson have held multiple meetings with executives at the helm of Apple’s iPhone business in the course of the… → Read More
Both Apple and Google are engaged in conversations with mobile payments startup BOKU about a potential acquisition or a wide-reaching partnership at the very least, we’ve heard from people familiar with the talks, which are ongoing.
BOKU President and CEO Mark Britto and co-founder Ron Hirson have held multiple meetings with executives at the helm of Apple’s iPhone business in the course of the… → Read More
While mobile payments startups Boku and Zong have steadily gained traction and significant funding, both companies face the challenge of lofty carrier rates. Historically, wireless carriers have charged roughly 30% to 40% to process transactions made via mobile phone accounts, making it very difficult for mobile payment companies like Boku to scale beyond virtual goods. Boku has long talked about… → Read More
Boku has carved out quite a name for itself in the fast-expanding world of mobile payments for virtual goods. The startup, which has raised more than $40 million since its launch last year, is now in 61 countries and has deals with some 200 carriers. However, while the realm of gaming remains rich (see our latest numbers on Zynga), Boku is ready to expand beyond virtual goods and step into real… → Read More
Fresh off an announcement of a strategic investment from VC firm Andreessen Horowitz, mobile payments platform Boku is taking its mobile strategy one step further by launching an in-app mobile billing library for Android.
The Boku Payments SDK allows developers to monetize any Android app with in-app purchases via carrier billing. Boku, which just launched last year, doesn’t require users to… → Read More
Recently-launched mobile payments startup, Boku, has announced that they have received a strategic investment from VC firm Andreessen Horowitz. Boku has declined to reveal the funding amount from this round, but to date the company has raised a whopping $38 million since its launch a year ago. As part of the deal, Marc Andreessen and Ben Horowitz will also take on an advisory role for Boku.
Boku… → Read More
[Estonia] Fortumo, the mobile payments provider, has launched FortuMoPay, a new service designed for selling credits in “online games, web applications and social networks.”
It differs from competitors such as Zong (which recently signed a partnership with Facebook) and boku, says the company, in the way it targets small and medium-sized businesses (or even individuals) by making it quick and… → Read More
Mobile payments for micro-transactions on the web are steadily gaining traction. This morning, the space received more validation as several prominent venture capital firms made a significant a investment in recently launched mobile payments startup, Boku. Boku has raised $25 million in Series C funding led by DAG Ventures with previous investors Benchmark Capital, Index Ventures, and Khosla… → Read More
Over the past year, we’ve written frequently about mobile payments startups and the potential future of this technology. Rivals Zong and Boku both offer essentially the same service—the ability to make a payment for a micro-transactions via your mobile phone. And both companies have been growing steadily, with Boku making acquisitions and expanding internationally and Zong picking up traction… → Read More
Mobile payments for micro-transactions on the web are catching wind and there are several players in the space vying for the top spot in the field. Today, Boku, a recently launched mobile payments conglomorate of sorts, is announcing a slew of new customer acquisitions as well as details of its international expansion.
Boku, which acquired competitors Paymo and Mobillcash and raised $13 million… → Read More
Dead simple mobile payments for micro-transactions on the web are slowly gaining traction and a new, well-funded player has entered the growing space. Recently launched mobile payments startup BOKU has acquired competitors Paymo and Mobillcash and raised $13 million in Series A funding from Benchmark Capital, with Khosla Ventures and Index Ventures participating. BOKU did not disclose how much… → Read More
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