Boku To Acquire Mobileview Italia

Boku To Acquire Mobileview Italia
14.08.2015 01:00 am

Boku To Acquire Mobileview Italia

M&A Deals

Boku, Inc., the global leader in carrier billing and cross-platform mobile payments, today announced the acquisition of mobileview Italia, a leading provider of mobile payment solutions in Italy.

Mobileview Italia was sold by its German parent company dtms converting communication GmbH. The acquisition brings with it direct connections to every major Italian carrier, further strengthening Boku’s position as the world leader in carrier based billing, and opening Italy to the premier carrier billing merchant network.

“Mobileview’s strong, established relationships with every major Italian carrier made them an extremely attractive strategic partner in what we consider a tremendously valuable market” said Jon Prideaux, Boku CEO. “We see this as a growth initiative for carrier billing in Italy not only for Boku but for our merchant network. Opening a new market to massive global brands like Facebook, Spotify, and Sony, alongside hundreds of other merchant partners is good for consumers and carriers alike.”

Italy is a particularly strong market for carrier billing, as mobile penetration is extremely high at more than 158% of the population, while credit card penetration rests at a relatively low 34%. Based on mobileview data, Italian mobile users are also heavy consumers of digital goods and services ranging from music streaming, to gaming and in-game purchases. Through this agreement, Boku will provide carrier billing services in Italy for more than 87 million mobile subscriptions across Telecom Italia Mobile, Vodafone, Wind, and 3 (Hutchinson).

Related News

Signicat acquires Connectis to create Europe’s strongest digital identity platform

Signicat, the Trusted Digital Identity™ company, has acquired digital identity specialist ... Read more »

Tink acquires Eurobits Technologies

The acquisition complements Tink’s organic growth strategy to enhance its platform, increase connectivity and expand its product offering. The acquisition of Eurobits builds on... Read more »

Accuity Acquires Apply Financial to Provide Real-Time Straight Through Processing and Account Validation Payment Solutions

Accuity, a leading global provider of financial crime screening, payments, and know your customer (KYC) solutions, and part of RELX, announced today that it has acquired Apply... Read more »

Nets acquires leading Polish payment provider Polskie ePłatności (PeP)

Nets, a leading player in the European payments industry, today announces its acquisition of Polskie ePłatności (“PeP”), a... Read more »

ClearCourse acquires Bristol-based operational and digital solutions provider Felinesoft

ClearCourse Partnership LLP (“ClearCourse” or “the Group”), a group of innovative technology companies providing digital services, work-flow solutions, and payments... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel