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.
Boku completes Fortumo acquisition
- Written by: Amilia Stone
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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 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. 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.
Boku reported strong interim results for the six months to 30 June 2025, with revenue up 34% to $63.3 million and adjusted EBITDA rising 53% to $21.8 million. Digital Wallets and Account-to-Account revenue nearly doubled, while group cash increased to $192 million.
Boku will release its interim results for the six months ended 30 June 2025 on Tuesday 30 September 2025. Management will hold an analyst briefing at 9.30 a.m. BST and an investor webinar with Q&A at 5.30 p.m. BST on the same day.
Boku has announced a strategic partnership with Canva to expand the design platform’s reach across Asia and Europe through localised payment methods. The collaboration has already launched Vietnam’s MoMo digital wallet on Canva, with more integrations planned for 2025, aiming to make the platform more accessible in regions where card usage is low.
