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Boku - About the company

Boku is a public company based in United States, founded in 2008 by Mark Britto, Dan Springer and Erich Ringewald. It operates as a Network connecting merchants to local payment methods for transactions. Boku has raised $91.3M in funding from investors like New Enterprise Associates, DAG Ventures and Index Ventures. The company has 114 active competitors, including 18 funded and 19 that have exited. Its top competitors include companies like Lithic, HYPR and IDX.

Company Details

Network connecting merchants to local payment methods for transactions. It offers electronic payment services with multi-factor authentication to prevent chargebacks. The network provides custom implementations and prioritizes payment methods based on merchant needs. It also provides individualized performance strategies to improve reach, conversion, retention, settlement speed, and costs.
Registered Address
2ND FLOOR,,9 ORANGE STREET,LONDON,UNITED KINGDOM,WC2H 7EA
Key Metrics
Founded Year
2008
Location
Stage
Public
Total Funding
$91.3M in 8 rounds
Latest Funding Round
Ranked
Annual Revenue
$82.7M as on Dec 31, 2023
Employee Count
768 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Boku's IPO details

Boku got listed on Nov 20, 2017.
Click here to take a look at Boku's IPO in detail
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Boku's funding and investors

Boku has raised a total funding of $91.3M over 8 rounds. Its first funding round was on Mar 16, 2009. Its latest funding round was a Post IPO round on 2019 for $*****. 1 investor participated in its latest round. Boku has 25 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Boku:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2019
7218
Post IPO
3272
9754
9726
1917
Sep 01, 2016
5285447
Series E
5935493
5607807
3300894
2014
7606
Series E
3568
5493
2883
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Boku's founders and board of directors

Founder? Claim Profile
The founders of Boku are Mark Britto, Dan Springer and Erich Ringewald.
Here are the details of Boku's key team members:

Boku's employee count trend

Boku has 768 employees as of Apr 26. Here is Boku's employee count trend over the years:
Employee count trend for Boku
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Boku's Competitors and alternates

Top competitors of Boku include Lithic, HYPR and IDX. Here is the list of Top 10 competitors of Boku, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Boku
Boku
2008, United States, Public
Network connecting merchants to local payment methods for transactions
$91.3M
73/100
2nd
Logo for Lithic
Lithic
2014, New York City (United States), Series C
Provider of platform for businesses to issue and manage payment cards
$121M
71/100
3rd
Logo for HYPR
HYPR
2014, New York City (United States), Series D
Provider of passwordless multi-factor authentication, identity verification, and risk management
$131M
69/100
4th
Logo for IDX
IDX
2003, Portland (United States), Acquired
Cloud-based solutions for identity protection and data security
$35.2M
64/100
5th
Logo for Clearspeed
Clearspeed
2016, San Diego (United States), Series D
Provider of AI and voice-based risk assessment platform
$110M
63/100
6th
Logo for MagicCube
MagicCube
2014, Sunnyvale (United States), Series B
Device security solutions for IoT applications
$45.7M
62/100
7th
Logo for Keyless
Keyless
2018, London (United Kingdom), Acquired
Developer of biometric authentication platform providing passwordless multi-factor authentication solutions
$26M
57/100
8th
Logo for PopID
PopID
2017, Los Angeles (United States), Series B
Provider of face and palm biometric identity verification gateway solutions
$18.5M
55/100
9th
Logo for SafeNet
SafeNet
1983, Belcamp (United States), Acquired
Cybersecurity solutions provider protecting applications, data, identities, and software
$139M
52/100
10th
Logo for TrustCommerce
TrustCommerce
1999, Santa Ana (United States), Acquired
Provider of payment acceptance solutions
-
50/100
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Boku's Latest cap tables and shareholding

Founders (largest shareholder) own 46.25%, Funds own 28.62%, Enterprises own 11.91% and Angels own 3.58%. The net worth of Boku's founders is INR 2.7Cr as of Aug 31, 2013.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
46.25%
2.7Cr
3264209
2592681
8184867
2622649
Fund
28.62%
1.67Cr
9247135
2158667
9350452
8759681
Enterprise
11.91%
69.4L
6505809
4043820
6240578
5753410
Angel
3.58%
21L
122
450
224
399
Other People
9.62%
56L
3936054
2317140
5084040
3527076
Total
99.98%
5.83Cr
3642035
9237559
4196367
2411585
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Boku's Shareholding

Boku's Investments and acquisitions

Boku has made 1 investments in companies including Ubyx. Boku has also acquired 6 companies including Fortumo and mobileviewitalia.it.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 17, 2025
Investments
2025
Wilmington (United States)
Jun 17, 2020
Acquisition
2007
Tartu (Estonia)
Aug 13, 2015
Acquisition
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See all acquisitions by Boku

Reports related to Boku

Here is the latest report on Boku's sector:

News related to Boku

lockFilter this list
Media has covered Boku for a total of 13 events in the last 1 year, 2 of them have been about company updates and 2 about people movement.
Boku gets Pix licence in BrazilFinextraMay 12, 2026Boku
Boku opens Innovation Hub in SingaporeEnterprise TimesNov 12, 2025Boku
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