Finance News

Story: Boku Revenue Jumps 29% as Digital Wallets Drive Growth

By Evie Vavasseur

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Boku crushed expectations. The payments company posted a 29% revenue surge to $128.5 million for 2025, beating analyst forecasts by a wide margin according to today's trading…

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The London-listed firm's adjusted EBITDA climbed 31% to $41 million, well above the $39.8 million consensus estimate. EBITDA margins ticked up to 32% from 31.6% in 2024.

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The segment posted 66% revenue growth and now makes up a big chunk of Boku's business alongside its bundling product, which jumped 71%.

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Digital wallets already showed serious momentum in early 2025 with 89% revenue growth. Boku has been pushing hard to diversify beyond its core direct carrier billing (DCB)…

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Monthly active users climbed to 115 million in December. That's a 32% increase from the previous year.

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The company landed several big-name clients in 2025, including what it called "a top digital design platform" and "a global entertainment company.

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Boku trades on London's AIM market under ticker BOKU. The company's shift toward digital wallets and account-to-account payment schemes has been driving results.

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The decision to separate bundling from direct carrier billing in financial reporting shows Boku wants more transparency.

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Boku's AIM listing continues attracting investor interest, driven by robust financial performance and strategic growth moves.

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But Boku hasn't disclosed specific details about certain high-profile client partnerships. The lack of disclosure leaves room for speculation about potential impact on future…

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Boku's moves got a boost from its 2020 Fortumo acquisition. That deal expanded reach into emerging markets and provided a broader customer base.

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On December 15, 2025, Boku announced a partnership with a major Southeast Asian e-commerce platform.

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Neal said in a recent investor call that Boku's investment in advanced authentication technologies improved transaction security.

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The company also reported that ongoing efforts to streamline operations resulted in a 15% reduction in transaction processing costs.

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Boku's recent wins got another boost from its focus on expanding partnerships with major tech companies.

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