Phone Carrier Billing Startup Boku Raises $13.75m Series E

Sep 1, 2016

September 1, 2016
The Wall Street Journal

Astia Angels and other prominent Silicon Valley VCs invest in billing startup Boku

Silicon Valley investors are betting that a service that allows consumers to add purchases to their phone bills, will occupy a place in the growing market for electronic payments.

Carrier billing startup Boku, which has raised a $13.75 million Series E, allows merchants to bill goods as an add-on charge to customers’ phone bills. It is chiefly used by digital-content services such as Spotify, Google Play, Sony Playstation and Microsoft Windows 10.