FinovateEurope 2011 Video Archives >> BOKU


Website: www.boku.com
Blog:
blog.boku.com
HQ Location:
San Francisco, CA
Company Founded: 2008
Product Being Demoed: BOKU Mobile Payment Service
Product Launched: June 2009
Metrics: $40 Million raised, 60 employees




Presenter Profile How they describe themselves: BOKU is a provider of direct mobile payment solutions, allowing consumers in 65 countries to make purchases online using their mobile phone number. The BOKU service works across more than 220 different mobile carriers. The service enables online payments for consumers worldwide, and has a presence in North and South America, Europe and Asia.

BOKU mobile payments provide a mechanism for payments that are highly secured and simple to use. In addition, mobile payments enable unbanked consumers who may have a mobile phone, but no credit card or traditional bank account, to make purchases online.

How they describe their product/innovation: The BOKU service enables merchants and publishers to drive incremental revenue by offering carrier billing as a payment option to their customers. The process for making a payment is simple and convenient - users simply click BOKU to purchase and then 1. Enter their mobile number, 2. Receive a text message to confirm, and 3. Reply with the letter “y.”

Key Executives: Mark Britto (CEO), Ron Hirson (SVP Product & Marketing), Paul McGuire (SVP Business Development), Margaret Mackenzie (COO), Javier Martell (General Counsel), James Patmore (Managing Director, EMEA), Erich Ringewald (CTO), Kevin Grant (SVP Sales), David Yoo (SVP Strategy)

Key Investors: Andreesen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures

Key Partnerships: Facebook, AT&T, Vodafone, Mobilians, Bouygues, Telecom, Orange France, SFR & Globe Telecom

Customers: BOKU reaches more than 2 billion customers in 65 countries over 220 carrier networks.  Our key customers are those who consume virtual and digital goods, subscriptions and other online services.

Contacts:
Bus. Dev.: Ron Hirson, Co-Founder, SVP of Marketing & Business Development, ron@boku.com
Press: Gregg Delman, Media & Marketing Strategist, gregg@drs650.com

Sales: Kevin Grant, SVP Sales, kevin@boku.com

Video Download To View this Video in a New Window: Left-click on either link below.

To Download: Right-click on the appropriate link below and select "Save Target As..." or "Save Link As..."

HD version of this video

Non-HD smaller version for slower connections

To Embed: Copy and paste the codes below.

Subscribe to Finovate

More Videos from FinovateEurope 2011
AcceptEmail
Backbase
BOKU
Business Forensics
Capital Access Network
Cardlytics, Inc.
Cortal Consors
eToro
eWise
Fidor
Figlo
Finantix
FriendsClear
HelpMyCash
IND Group
Ixaris
Linxo
Liqpay.com
Lodo Software
LoveMoney
Meniga
MiiCard
MPOWER Mobile
NCore Systems
SecureKey
Silver Tail Systems
SolidPass
StockTwits
Strands
Striata
Tagit
Unience
Voice Commerce
Xero
Yodlee