Press Coverage

VentureBeat
May 03, 2012

Boku locks mobile billing deals with all four major U.S. carriers

Boku, the company that allows you to pay for online purchases with your mobile phone number, is announcing today it has signed a deal with Sprint, allowing it to process mobile payments with all of the major U.S. mobile phone carriers. That means that if you have a Sprint phone, you can buy things and bill them directly to your phone bill via Boku. San Francisco-based Boku is also announcing it has a mobile billing deal with Deutsche Telekom in Germany, said Ron Hirson, president and co-founder of Boku, in an interview with VentureBeat. That deal means that Boku will be processing transactions with every major carrier in Germany.

gigaom-logo
May 03, 2012

Boku signs up Sprint, sets sights on physical good sales

Boku, one of the leaders in carrier billing, has finally signed a direct billing deal with Sprint, giving it direct integration with all four major U.S. wireless operators. Sprint users will now be able to pay for goods online at merchants such as Electronic Arts, Riot Games, Gaia Online and others using Boku’s two-step authentication system. The deal helps complete Boku’s U.S. coverage after similar agreements with Verizon, AT&T and T-Mobile. Boku also announced that it has integrated with Deutsche Telekom in Germany, so it’s now handling direct billing with every major carrier in Germany, France and the UK. Users can place transactions on their cell phone bill with Boku by entering in their cell phone number and authorizing a purchase through a text message.

rtr_ahz_rgb_pos
Mar 16, 2012

Telefonica invests in mobile payments firm Boku

(Reuters) - Telefonica SA , Spain's largest phone company, is investing in Boku to help the mobile payments start-up expand. Telefonica Digital, the growth arm of the telecommunications giant, is participating in a $35 million funding round for Boku that also includes venture capital firms New Enterprise Associates, Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures, Boku said on Thursday. Boku, which started in 2008, has raised $75 million so far and operates in 67 countries through 250 mobile network operators.

bloomberg_logo
Mar 16, 2012

Boku Gets $35 Million From Telefonica, NEA to Expand Service

Boku Inc., a service that lets consumers use mobile phones to make purchases, raised $35 million from Spain’s Telefonica SA (TEF) and other investors, helping the startup bolster its staff and continue expanding abroad. Telefonica Digital, a unit of the Spanish phone company, joined venture firm New Enterprise Associates in leading the financing round, San Francisco-based Boku said today in a statement. Existing investors, including Andreessen Horowitz, Benchmark Capital and Index Ventures, also participated. Bloomberg LP, the parent company of Bloomberg News, is an investor in Andreessen Horowitz.

ft_logo
Mar 16, 2012

Mobile payments company Boku raises $35m

The frenzy to invest in mobile payments providers continues with Boku, the San Francisco-based start-up raising $35m, in a funding round led by Telefónica Digital. It will take the total raised by the mobile transactions company to more than $75m since 2008. Investors in this round also included New Enterprise Associates (NEA), Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures.

The_Wall_Street_Journal
Mar 16, 2012

The Daily Start-Up: Boku Nabs Beaucoup Bucks For Mobile Payments

Adding fuel to the scorching sector of mobile payments, Boku has raised $35 million from new investors NEA and Telefonica and existing investors Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures to extend its reach into another hot market: real-time deals. The company is now enabling merchants in the offline world to accept payments at the point of sale.

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