6 Sep 2023 07:00
6 September 2023
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Boku, Inc.
("Boku" or the "Company")
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Receipt of final holdback payment following divestment of Boku Identity to Twilio
Boku (AIM: BOKU), a leading provider of mobile payment solutions, is pleased to confirm, further to its announcements on 19 January 2022 and 1 March 2022, the receipt of the final holdback payment of $5.6m in full and in cash from Twilio, for the purchase of Boku's Identity business, bringing the total transaction value to $32.3 million.
Enquiries:
Boku, Inc.
Jon Prideaux, Chief Executive Officer +44 (0)20 3934 6630
Keith Butcher, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and Broker) +44 (0)20 7418 8900
Paul Gillam / Tom Ballard / James Smith
IFC Advisory Limited (Financial PR & IR) +44 (0)20 3934 6630
Tim Metcalfe / Graham Herring / Florence Chandler
Notes to Editors
Boku Inc. (AIM: BOKU) is a leading global provider of mobile payment solutions. Boku's mobile-first payments network, including mobile wallets, direct carrier billing, and account to account/real-time payments schemes, reaching over 7.5 billion mobile payment accounts through a single integration.
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Customers that trust Boku to simplify sign-up, acquire new paying users and prevent fraud include global leaders such as Amazon, Apple, Meta Platforms, Google, Microsoft, Netflix, Sony, Spotify and Tencent.
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Boku Inc. was incorporated in 2008 and is headquartered in London, UK, with offices in the US, India, Brazil, China, Estonia, France, Germany, Indonesia, Japan, Singapore, Spain, Taiwan and Vietnam.
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To learn more about Boku Inc., please visit: https://www.boku.com
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