RCS - Boku Inc - Local Payment Method Partnership with Canva

BokuAnnouncement

12/08/2025 07:00

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RNS Number : 8321U  Boku Inc  12 August 2025

REACH

 

12 August 2025

 

Boku Inc.

("Boku", the "Company" or the "Group")

Local Payment Method Partnership with Canva

Canva partners with Boku to roll out new Local Payment Methods for customers
globally

Boku (AIM: BOKU), a global network of localised payment solutions, is pleased
to announce that it has entered into a strategic partnership with Canva, the
world's leading all-in-one visual communication platform, to help expand
Canva's reach in Asia as well as its plans to expand across Europe. The
collaboration will enable millions of people to more easily access Canva's
creative tools through innovative, localised payment solutions - an
alternative to traditional card linked payments.

Canva, a subscription-based SaaS platform, will leverage Boku's global network
of Localized Payment Methods ("LPMs") and regional payments expertise to bring
its services to more people in regions where traditional payment card usage
remains low. Boku is working with Canva to help identify and integrate several
LPMs into Canva's platform, supporting its long-term payments strategy to
serve new communities in key regions. Initial success has already been seen
with the launch of MoMo, Vietnam's leading digital wallet. Further system
integrations are planned for 2025 to enhance end-user accessibility and
streamline customer experiences.

Research from Juniper Research reveals that LPMs will represent 59% of global
ecommerce transactions by value in 2028, up from 49% in 2023, accounting for a
majority of transaction value online for the first time. Boku's proven success
in supporting global giants like Meta, Amazon, Tencent, Spotify, Netflix, and
Microsoft to leverage LPMs underscores its capacity to support Canva's
expansion.

Commenting, Stuart Neal, CEO of Boku, said: "We are delighted to partner with
Canva and help broaden access to their visual communications platform by
providing more payment choice for people across Asia. Local Payments are now
the world's preferred way to pay. This partnership highlights how the world's
best loved platforms can reach more end-users by giving people the freedom to
subscribe and pay the way they want, wherever they are."

Elle Liu, Canva's country lead for Vietnam, said: "The launch of MoMo in
Vietnam is a key milestone in our partnership with Boku as we continue to
expand access to Canva in fast-growing markets where users' access to banking
and payment cards may be limited. By enabling a trusted local payment method,
we're making it even easier for more people in Vietnam to unlock their
creativity and benefit from Canva's tools. Boku's deep expertise in mobile
payments ensures we can meet users where they are, with seamless, accessible
options. We're excited to see how this empowers more creators, entrepreneurs,
and businesses across Vietnam to design with Canva."

Enquiries:

Boku, Inc.

Stuart Neal, Chief Executive Officer
                    +44 (0)20 3934 6630

Robert Whittick, Chief Financial Officer

IFC Advisory Limited (Financial PR & IR)
               +44 (0)20 3934 6630

Tim Metcalfe / Graham Herring / Florence Staton

Notes to Editors

Boku Inc. (AIM: BOKU) is a global network of localised payment solutions.
Through a single integration, Boku provides access to a comprehensive network
of digital wallets, direct carrier billing, and account-to-account (A2A)
real-time payment schemes - reaching over 7 billion consumer payment accounts
worldwide.

Merchants that trust Boku to simplify sign-up, acquire new paying users and
prevent fraud include global tech giants such as Amazon, Meta, 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
(https://www.boku.com/)

About Canva

Launched in 2013, Canva is the world's leading all-in-one platform for visual
communication and collaboration. Built to empower everyone to design, Canva
serves the creative and design needs of enterprises, small businesses,
consumers, and students in more than 190 countries worldwide.

Whether you're a novice taking your first steps in design, or a creative
professional seeking powerful tools, Canva ensures users have what they need
to transform an idea into something beautiful. Underpinned by the world's most
comprehensive library of designer-made content, Canva is powered by a suite of
products and proprietary AI tools which elevate how individuals and teams
create, collaborate, and communicate with ease.

 

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