Boku, a global mobile payment company, has acquired Germany-based carrier billing firm mopay, solidifying its position as the largest carrier billing-based mobile payment services provider in the world.
mopay operates in more than 80 countries across the globe. Its customer base includes major brands like Valve, gameloft, and Wargaming.
Go deeper with GlobalData
The combined assets of the two companies will provide a more standardized carrier billing solution to the benefit of merchants, carriers and consumers.
Jon Prideaux, CEO of Boku, said: "By coming together we’ve created a company that can realize the vision of charging purchases to your phone bill as a truly global payment method at scale.
"Together, Boku and mopay serve some of the largest digital merchants in the world and we have a tremendous pipeline in the works."
Ingo Lippert, CEO of mopay, said: "This is a merger from strength. Both companies have strong growth plans, but felt that our customers would be best served by coming together to build a market leading mobile payments platform."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
