Boku Inc. has divested Boku Identity to Twilio Inc.
February 2022 — Boku Inc, a leading mobile payment solutions provider and one of AIM’s largest technology companies, has sold its Boku Identity division, a wholly owned subsidiary, to Twilio Inc.
Boku Identity provides mobile identity and authentication solutions driven by real-time connections to mobile network operators. It is a wholly owned subsidiary of Boku Inc, a leading mobile payment solutions provider and one of AIM’s largest technology companies.
Founded in 2008, Twilio is a leading US-based cloud communications platform. Twilio is a customer engagement platform used by hundreds of thousands of businesses and more than ten million developers worldwide to build unique, personalized experiences for their customers. The acquisition of Boku will provide Twilio with an exceptional platform to its investment into the fast-growing mobile identity and authentication sector.
The divestment allows Boku to become a pure-play payments business, focusing its resources on exploiting the mobile payments opportunity, particularly to continue expanding its mobile first (M1ST) payments network.
Our role in the transaction
Oaklins Cavendish, based in the UK, acted as sell-side advisor on the sale of Boku’s Identity division, a wholly-owned subsidiary of Boku Inc.
Jon Prideaux
CEO, Boku Inc.
Talk to the deal team
Related deals
Freeway Fleet Systems has been acquired by Movement Software
Freeway Fleet Systems has been acquired by Movement Software, strengthening its position as a leading provider of fleet management and maintenance software while expanding the group’s presence into the UK market. As a strategic consolidator focused on transportation and mobility software, Movement Software will benefit from immediate product and customer synergies, with Freeway providing a strong platform for further geographic expansion across key fleet end markets.
Learn moreBIG BIO Herlev and BIG BIO Nordhavn have been acquired by Nordisk Film Biografer
BIG BIO Herlev and BIG BIO Nordhavn, two premium cinemas in the Copenhagen area, have been acquired by Nordisk Film Biografer, part of Nordisk Film, which is owned by Egmont. The acquisition expands Nordisk Film Biografer’s presence in the Danish cinema market and strengthens its premium cinema offering, adding two established venues to its portfolio.
Learn moreComtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn more