Boku
Boku provides an enterprise-grade local payment methods platform that lets global digital businesses accept 200+ local payment methods across 60+ countries through a single REST API integration. The platform handles licensing, regulatory compliance, and consolidated settlement in USD, EUR, or GBP, and also offers a subscription bundling solution connecting merchants to distribution partners like telcos and wallets.
- Financial Technology
- Software Only
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Global digital businesses often rely on card-based payments, which fail to convert customers in card-light or mobile-first markets where local payment methods like wallets, account-to-account transfers, and direct carrier billing are the norm. Manually connecting to hundreds of local payment methods market-by-market is slow, operationally complex, and causes consumers to abandon checkout without their preferred payment option. Additionally, fragmented payment providers create compliance burdens, opaque FX costs, and inconsistent reporting across markets.
Solution
Boku offers an enterprise-grade local payment methods platform that lets merchants process 200+ local payment methods through a single REST API integration, with direct connections to payment method providers across 60+ countries. The platform handles licensing, regulatory compliance, and security at the infrastructure level—holding payment licenses across 40+ countries—while offering consolidated settlement in USD, EUR, or GBP with transparent FX pricing. Beyond payments, Boku's bundling solution connects subscription businesses to a network of distribution partners including telcos, wallets, banks, and retailers, enabling partner-led subscriber acquisition and retention through one integration without custom partner builds.
Target Audience
Primary customers are large digital service providers, streaming platforms, and subscription businesses—including Spotify, Meta, Microsoft, Netflix, and Tencent—that need to expand into card-light markets, as well as merchants seeking partner-led subscriber acquisition through telco, wallet, and bank distribution networks.
Features
- 200+ local payment methods including wallets, account-to-account payments, BNPL, and direct carrier billing via a single REST API
- Direct, tokenized connections to payment providers (not aggregated) for higher authorization rates and better margins
- Recurring billing infrastructure with automatic token renewal and payment-on-file for subscription businesses
- Subscription bundling platform with one integration to launch across multiple distribution partners simultaneously
- Centralized analytics dashboard for tracking conversion, churn, and subscriber growth across every payment method and partner
- Multi-region, active-active AWS infrastructure with 24/7 NOC/SOC monitoring and >99% uptime SLAs
- ISO 27001:2022 certified compliance handling, including local licensing and regulatory requirements across 40+ markets
- Money movement capabilities including collection, FX conversion, and cross-border settlement in preferred currencies