REG - Boku Inc - New commercial agreement with Amazon Japan

BokuAnnouncement

13/11/2024 07:00

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RNS Number : 9636L  Boku Inc  13 November 2024

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                                                      +44 (0)20 3934 6630

 Stuart Neal, Chief Executive Officer

 Robert Whittick, Chief Financial Officer
 Investec Bank plc (Nominated Advisor & Joint Broker)      +44 (0)20 7597 5970

 Nick Prowting / Kamalini Hull / Patrick Robb
 Peel Hunt LLP (Joint Broker)                              +44 (0)20 7418 8900

 Neil Patel / Ben Cryer/ Kate Bannatyne
 IFC Advisory Limited (Financial PR & IR)                  +44 (0)20 3934 6630

 Tim Metcalfe / Graham Herring / Florence Chandler

 

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
(https://www.boku.com)

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