Boku completes Fortumo acquisition

Mobile Transactions

Boku Inc (LON:BOKU), a leading global mobile payment and mobile identity company, has announced that, further to the announcement on 17 June 2020 that it had agreed to acquire the entire issued and to be issued share capital of Fortumo Holdings, Inc. and its subsidiaries in a transaction valued at a maximum enterprise value of $41 million; it successfully completed the Acquisition, as scheduled, today.

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Boku reports 30% revenue growth and strong profit expansion in FY 2025

Boku delivered $128.8m in revenue (+30%) and $41.3m adjusted EBITDA (+36%) in 2025, driven by rapid growth in digital wallets, account-to-account payments, and bundling, alongside continued strength in direct carrier billing.

Boku shedules FY2025 results announcement and investor presentation

Boku will report its financial results for the year ended 31 December 2025 on 17 March 2026. Management will host a presentation and Q&A for analysts and investors at 9:30 a.m. GMT, with registration available online.

Boku expects FY 2025 revenue and EBITDA to exceed market expectations

Boku expects FY 2025 revenue of approximately $128.5m, up 29% year on year, and adjusted EBITDA of around $41m, both ahead of market expectations.

Boku outlines growth strategy and expanding global payment opportunity

Boku is hosting a Capital Markets Event in London to present its strategy and growth outlook. The company connects major global merchants to over 200 payment methods across 60 countries, serving more than 100 million monthly consumers.

Boku CEO on strong H1 2025 revenue growth and user expansion

Boku CEO Stuart Neal discussed the company’s interim results for the first half of 2025, highlighting a 34% rise in revenue to $63.3 million, a 53% increase in adjusted EBITDA, and strong growth in user activity with 95.5 million monthly active users.

Boku Inc. Stuart Neal on Soaring Revenue, Explosive Wallet Growth, and What’s Fueling 2025’s Surge (Video)

Boku Inc. CEO Stuart Neal joins us following a 34% jump in H1 revenues and surging mobile wallet usage. With Capital Markets Day approaching, Neal previews what’s driving growth and how the company is helping tech giants reach more paying users globally.

Search