13 November 2024
Boku, Inc.
("Boku" or the "Company")
Boku signs new commercial agreement with Amazon Japan
Boku (AIM: BOKU), a leading global provider of mobile payment solutions, is pleased to announce that it has entered into a new commercial agreement ("New Agreement") with Amazon Japan G.K. ("Amazon JP") to supply digital wallet and other local payment methods to Amazon JP.
The New Agreement with Amazon JP enables the processing of payments for Amazon JP sales through the amazon.co.jp website.
Boku's revenue from the New Agreement will be based on the transaction value that it processes and such revenue may result in vesting of warrants previously issued to Amazon.com, Inc..
Stuart Neal, Chief Executive Officer, Boku, commented: "This new agreement with Amazon JP is a testament to Boku's goal to provide innovative and secure mobile payment solutions to global merchants. We are excited to partner with Amazon JP and expand our presence in the Japanese market, which is one of the leaders in mobile wallet adoption."
For further enquiries:
| Boku Stuart Neal, Chief Executive Officer Robert Whittick, Chief Financial Officer | +44 (0)20 3934 6630 |
| Investec Bank plc (Nominated Advisor & Joint Broker) Nick Prowting / Kamalini Hull / Patrick Robb | +44 (0)20 7597 5970 |
| Peel Hunt LLP (Joint Broker) Neil Patel / Ben Cryer/ Kate Bannatyne | +44 (0)20 7418 8900 |
| IFC Advisory Limited (Financial PR & IR) Tim Metcalfe / Graham Herring / Florence Chandler | +44 (0)20 3934 6630 |
Note 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, 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, Ireland, Japan, Singapore, Spain, Taiwan and Vietnam.
To learn more about Boku Inc., please visit: https://www.boku.com
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