Boku Share Discussion Threads

[chimers] 27/9/2018 11:22

THE DOOR IS BEING SMASHED DOWN.

BOKU IS OLD TECH.

NEW TECH WILL WIN.

BOKU HAS NOTHING.

[chimers] 27/9/2018 11:21

And this one!!

Japanese financial giant SBI Holdings has inched a step closer to launching a blockchain-based payments app for general consumers.

SBI Ripple Asia, the joint venture created by SBI Holdings and the U.S.-based distributed ledger technology (DLT) startup Ripple, announced Wednesday it has completed registration with the Kantou bureau of Japan's Ministry of Finance as a licensed agent for handling electronic payments.

The move clears the regulatory path for SBI Ripple Asia to roll out its MoneyTap payments app – one aimed to facilitate peer-to-peer money transfer for retail users over a DLT network.

According to Japan's Financial Services Agency (FSA), any entity wanting to operate as an agent to handle electronic payments using banks' open APIs must be registered with local finance bureaus. This legal requirement became effective as of June 1 this year, the FSA said in an announcement in May.

SBI Ripple Asia explained that, as MoneyTap uses blockchain as the underlying technology and connects with open APIs among participating domestic financial institutions, it falls under this regulatory category as a third-party transaction agent.

CoinDesk reported in March that SBI Ripple Asia had revealed its plan to launch a blockchain-based payments app for Japanese consumers across three domestic banks, with a plan to eventually expand to more than 60 financial institutions.

Takashi Okita, chief executive of SBI Ripple Asia, said last month that the company is now looking to officially roll out the service in the autumn, adding that the application will be available on both iOS and Android devices.

The news also follows a report on Tuesday that SBI Group is currently testing its own DLT-based crypto token called "S coin" in a move aimed to boost retail payments efficiency on mobile devices.

[chimers] 27/9/2018 11:21

Because Ripple is just the start and Ripple is targeting the big money.
Mobile payments are small beer in this world.
The tech is being used by around 20 blockchain companies to facilitate mobile payments .
Like this one.

Global tech startup Beam Wallet is ready to launch a new mobile payment solution, which will link smartphones and blockchain technology to enable faster and simpler retail payments.

“There are examples where adoption has been less slow,” said Beam Co-founder and CEO Serdar Nurmammedov, according to VentureBeat. “In China, 90 percent of consumers use WeChat as payment for offline purchases. Take a place like the UAE, where the phone penetration rate is much higher than average at 228 percent, you’ll find higher rates of mobile payment adoption. In Dubai, for example, we have seen consumers willing to pay using their mobile when incentivized to do so. Over there, merchants have managed to eliminate payment processing fees altogether on the Beam network.”

Currently the leading mobile wallet app in the UAE, Beam is ready to introduce an alternate mobile payments solution. The firm’s “network now operates in more than 400,000 stores” around the world,“with over 5,000 live stores on three continents. Beam has already processed over $250 million in payments for retailers such as Carrefour, Costa Coffee, Aldo, Tommy Hilfiger and more,” the report said.

“Credit card terminals process card transactions and work with Apple and Android Pay,” Nurmammedov said. “Beam integrates with [point-of-sale (POS)] systems natively (directly at the machine level), as well as with the credit card terminals. We also provide apps to merchants to process Beam transactions. Finally, they can also use a web browser to process Beam transactions.”

However, Beam plans to eventually remove the POS from the process entirely.

“In the long term, we want to eliminate the need for credit card terminals altogether, something Apple and Android Pay cannot do,” said Nurmammedov. “This is not in the interest of traditional acquirers, as they generate an average of $600 per credit card terminal each … by leasing out these devices to merchants. We want to eliminate this so the merchants can save on such unnecessary 20th-century equipment.”

[redbarge] 27/9/2018 08:05

I see very little intelligence in the writings of a troll. Who has yet to come up with any evidence to prove that Boku is a fraud. Anyway, once the price starts climbing again he will retreat back into his shell. Is that not a fact ...... troll.

[villarich] 27/9/2018 05:39

Apologies if I'm missing something but I don't see the direct correlation between the SBI Ripple bloclchain solution for administering payments and BOKUs offering?SBI as you say is blockchain technology to presumably move money around the financial system in a more secure and efficient way. It's an app on someone's phone that presumably links to their bank account.BOKU provides the ability to pay for goods, services etc using the individual's mobile phone as the bank account. Two completely different solutions in my eyes.

[chimers] 26/9/2018 14:36

You mean ...........using "words" and "intelligence"..........hey yer right ....not many on HERE do that!!!

[redbarge] 26/9/2018 14:24

re. chimers ....honestly who writes like that, it's not normal. You act like a paid troll.

[kalkaar] 26/9/2018 13:36

redbarge.. easy to look at a chart after it's printed and say "should have bought the pullbacks" - the company is in a huge growth phase (as is the industry for digital payments)..and the chart is in an uptrend accordingly.

Expectations have increased as a consequence, but BOKU's own management have said they expect to meet the upwardly revised guidance figures.. so there's so much to be excited about; not only the DCB deals but also now in E-Commerce and the soon to be announced Identity space..

BOKU's next trading update should be expected in January when they will guide for YE18 prior to the finals in April.


ps - chimers is harmless :)

[redbarge] 26/9/2018 13:11

chimers, what's your story? have you been burned at some point by one of these two companies? what's with the constant digs?

[redbarge] 26/9/2018 13:08

kalkaar, logically no I don't. I agree, it's a chunk of money to lose and I do believe they have done there due diligence. I also agree it's overdue a period of consolidation.

I think being overly paranoid....

[chimers] 26/9/2018 11:18

Old mutual have been well and truly FISTED!!

There is a new kid on the block.

On the blockchain to be precise.
Bango and Boku are old tech, to little to late.

Here is how payments will be made in the modern world.
Faster cheaper and more secure.

Japanese financial giant SBI Holdings has inched a step closer to launching a blockchain-based payments app for general consumers.

SBI Ripple Asia, the joint venture created by SBI Holdings and the U.S.-based distributed ledger technology (DLT) startup Ripple, announced Wednesday it has completed registration with the Kantou bureau of Japan's Ministry of Finance as a licensed agent for handling electronic payments.

The move clears the regulatory path for SBI Ripple Asia to roll out its MoneyTap payments app – one aimed to facilitate peer-to-peer money transfer for retail users over a DLT network.

According to Japan's Financial Services Agency (FSA), any entity wanting to operate as an agent to handle electronic payments using banks' open APIs must be registered with local finance bureaus. This legal requirement became effective as of June 1 this year, the FSA said in an announcement in May.

SBI Ripple Asia explained that, as MoneyTap uses blockchain as the underlying technology and connects with open APIs among participating domestic financial institutions, it falls under this regulatory category as a third-party transaction agent.

CoinDesk reported in March that SBI Ripple Asia had revealed its plan to launch a blockchain-based payments app for Japanese consumers across three domestic banks, with a plan to eventually expand to more than 60 financial institutions.

Takashi Okita, chief executive of SBI Ripple Asia, said last month that the company is now looking to officially roll out the service in the autumn, adding that the application will be available on both iOS and Android devices.

The news also follows a report on Tuesday that SBI Group is currently testing its own DLT-based crypto token called "S coin" in a move aimed to boost retail payments efficiency on mobile devices.

[kalkaar] 26/9/2018 11:01

redbarge, you really think Old Mutual (and others) would put in something in the region of £35m (at 160p placing price) for a laugh?

shares have shifted out of the hands of existing investors and directly into the hands of new investors.. none of these shares have hit the market.

until something fundamental changes the share price pulling back (after the huge rise), on little volume, is of little concern as far as i'm concerned.

[redbarge] 26/9/2018 09:11

If this stock price starts to die now then that last move by the directors was a classic pump and dump...I hope this is not the case as I had high hopes for this company.

[costax1654x] 25/9/2018 14:29

I think It might hit 160!I will jump in

[thomas4billing] 24/9/2018 21:54

Welcome on board ! To answer your question, we bet that a company can offer an easy, secure, efficient payment solution to + 3 Billions people all around the world who have a mobile phones is great when you that that in our Planet 5 Billions people have a mobile phones but only 1,5 Have a credit cards.. it does not mean that the others can not buy stuff.Boku is the World leader in that space with + 10 mu active users per month, high growth, and those 10 Mu could become 100 Mu one day...So I think from day one that it is a great investment and stats since they went IPO last Year show that I am still right

[kalkaar] 24/9/2018 20:51

So News release after hours confirms Old Mutual Global Investors took almost half of the placing shares..

Massive funds under management and generally their equity funds invest in companies with a 5 year time horizon.

Although they have a number of small company funds not sure if they have invested in AIM co's previously.

Nonetheless encouraging development.

[fcuky] 24/9/2018 20:37

Hi everyone, I am new here.

Just spotted this share, think it is cool as it is essentially providing banking to poor people without bank account.

yet, from an investment perspective, could someone tell me why is this a good investment?

cheers lads

[kalkaar] 24/9/2018 13:57

this has to be the target for BOKU now they're through the door..


Rakuten, Inc. is a Japanese electronic commerce and Internet company based in Tokyo and founded in 1997 by Hiroshi Mikitani.

Its B2B2C e-commerce platform Rakuten Ichiba is the largest e-commerce site in Japan and among the world’s largest by sales.

CEO talking about the deal:

[kalkaar] 24/9/2018 07:48

have to agree this is the first time, (as far as official announcements go), BOKU has signed an agreement to allow "physical goods" to be billed via the Mobile Phone..

so from using BOKU's platform for the payment of "digital" goods and services they have now moved into "e-commerce"

This is another significant step to add/diversify revenue stream.

To do this in Japan, a country where billing to your mobile phone account has long since been the established and accepted norm is great news as it opens up the door to almost every aspect of e-commerce as they have stated.

and as mentioned earlier, new investors would not have taken 25m shares on the back of a whim.. they would have wanted to see firm evidence that BOKU's growth will not only be sustained but has the potential to ramp up further.

[thomas4billing] 24/9/2018 07:34

Boku keeps sharing great news to keep it UP! UP ! Ecommerce and physical goods in Japan.. this is an exciting news !Agreement with RakutenBoku (AIM: BOKU), the world's leading independent direct carrier billing company, is pleased to announce it has signed an initial deal with Rakuten Collection, a division of the Rakuten Group, to provide carrier billing solutions for Rakuten Collection's e-commerce site, focused on the Japanese market. This is Boku's first major agreement to provide carrier billing services for physical eCommerce in Japan.Rakuten Collection is an e-Commerce site that specializes in the sale of limited edition, collectible trading items that are popular in Japan. Boku's carrier billing service was recently activated for Rakuten Collection and the two companies are now exploring ways to expand Boku's service to other Rakuten offerings. Rakuten operates over 70 services including Rakuten Ichiba (eCommerce shopping mall), Rakuten Kobo (eBooks), Rakuten TV (streaming video), and Rakuten Travel (travel bookings).Jon Prideaux, CEO of Boku Inc., commented: "Japan is a very exciting territory for us because it offers the unique opportunity to expand carrier billing into any eCommerce channel including those that sell physical goods. Rakuten is one of the top two eCommerce operators in Japan and we intend to work closely with them to offer more of its customers the option of charging any Rakuten purchase to their mobile phone bill."

[kalkaar] 21/9/2018 22:25

Easy to misunderstand what the directors have done..They sold shares they were entitled to as part of their incentive plan.They have exercised their RSU's as part of the original IPO and sold a large part of them as part of the placing at 160pAs part of the exercise the share in issue has now increased by 8 million.. from 214m to 222m.

[opodio] 21/9/2018 21:20

after the pump, ceo does a dump

[amt] 21/9/2018 21:05

Boku EUS and turnover treble that of Bgo so about a couple of years ahead of Bgo.
I have recently gained confidence that Bango is back on target after a wobble so expect the share price to go up back to its peak. So the gap will close a bit but whichever you look at it Boku is where Bgo should get too in a couple of years perhaps 18 months.

[kalkaar] 21/9/2018 18:51

From a BOKU perspective: (try the Bango thread for the alternative view)BOKU global market leader in DCBBOKU has met market expectations on both revenue and EBITA.BOKU already EBITA positive in 2018 H1. Did it exactly when it said it would with no messing around.Recently announced deal with Huawei, world's 2nd largest smartphone manufacturer.BOKU already trialling "Identity" product with it likely to contribute "Significant" revenue in 2020.BOKU has a strong board with vast experience in the payments sector.BOKU has c.£25m cash balance