SAN FRANCISCO--(EON: Enhanced Online News)--Boku, Inc., the global leader in carrier billing and cross-platform mobile payments, has been named a top telecom disruptor by news service CNBC, and placed on their prestigious Disruptor50 List.
“When good business disruption happens, it reinvents the way we think about something that everyone assumed would never need to change. Boku is disrupting credit cards the way credit cards disrupted cash. We’re creating a new market of consumers around mobile.”
In creating the inaugural CNBC Disruptor50 list, the network sought to identify disruptors who are changing the economy and their overall business landscape. During their research, CNBC set out to find companies that have entered traditional business sectors and turned them upside down, focusing on the power of a company to displace the establishment in its own industry and create a ripple effect throughout the ecosystem. CNBC sought out companies engaging in immediate disruption, not companies with future promise.
In determining the Disruptor50, CNBC polled leading academics at top business schools and focused on factors such as: the potential to replace incumbents, continuous innovation, the likelihood of “hypergrowth,” the ability to scale quickly, the introduction of a new business model that applies across industries, and a meeting of a business need in a cheaper, easier, simpler way that is reliable, repeatable, and scalable. These and other guiding principles were shared with top venture capital firms, industry analysts, CNBC beat reporters, and start-up investors who collectively nominated hundreds of private, venture-backed companies. Only fifty made the final list.
Boku’s Chief Business Officer Jon Prideaux was interviewed on CNBC’s Squawk Box and discussed how Boku is disrupting the payments industry: “When good business disruption happens, it reinvents the way we think about something that everyone assumed would never need to change. Boku is disrupting credit cards the way credit cards disrupted cash. We’re creating a new market of consumers around mobile.”
Boku, the leading carrier billing and cross-platform mobile payments company, brings bank-grade payments technology and mobile users together, creating a trusted, accessible platform for consumers, merchants and carriers alike. Based in San Francisco with offices in Europe and Latin America, Boku reaches nearly 4 billion consumers worldwide, across 68 different countries. Leading Silicon Valley entrepreneurs and venture capitalists fund Boku including Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures, and NEA.
For more information visit: www.Boku.com