Finance News
By Maheen Hernandez
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Where the Money Actually Comes From. Revenue from digital wallets and account-to-account payments hit $22 million — up 15% on an…
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Cash Position and Operational Headaches. Group cash fell from $245.6 million at the end of December to $186.8 million by the end of June.
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New CPO and Full-Year Targets. Leadership is shifting. Karim Ahmad joins as chief product officer on October 1, taking over from…
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Boku grew its revenue 5% to $66.5 million in the first half of 2026. Strip out one-off launch pricing from the year before, and the real growth rate was 11%.
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The payment infrastructure company had a busy six months. Total payment volume across its network jumped 16% to $8.6 billion.
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Bundling is the fast mover here. Bundling revenue surged 39% to $9.2 million, with subscriber numbers climbing from 42 million to 51 million.
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There's a catch, though. Volume grew faster than revenue, which pushed the blended take rate down to 77 basis points from 81 basis points the year before.
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Adjusted EBITDA rose 7% to $19.6 million, though that's actually down from the $21.8 million Boku posted for the same period in 2025. Profit before tax rose 20% to $12.8 million.
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Read also: X Launches £207,000 High Court Case Against Nine Bitcoin Accounts for Fraudulent Engagement
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Boku also ran into some operational friction. A key merchant delayed its market launches because of dual-sourcing policies, which probably cost the company some volume it was…
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That kind of regulatory disruption isn't new for companies operating carrier billing networks across dozens of markets.
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Leadership is shifting. Karim Ahmad joins as chief product officer on October 1, taking over from Adam Lee, who spent 15 years at the company. Lee moves into an advisory role.
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See also: PokerStars Opens Network to Rivals, Promising Access to 3 Million Players
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For the full year, Boku is targeting revenue between $135 million and $142 million, with adjusted EBITDA projected at $38 million to $42 million.
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Boku's own cash at the end of June stood at $84.6 million after the buyback program.
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