Boku Inc Receipt of final holdback payment re Boku Identity (4845L)
September 06 2023 - 1:00AM
UK Regulatory
TIDMBOKU
RNS Number : 4845L
Boku Inc
06 September 2023
6 September 2023
Boku, Inc.
("Boku" or the "Company")
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.
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.
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.
To learn more about Boku Inc., please visit:
https://www.boku.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCUPURCBUPWPUA
(END) Dow Jones Newswires
September 06, 2023 02:00 ET (06:00 GMT)
Boku (LSE:BOKU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Boku (LSE:BOKU)
Historical Stock Chart
From Apr 2023 to Apr 2024