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Boku makes it possible to make purchases online using a mobile phone number instead. Rather than keying in your credit card number, address and security code, all you need to make a purchase using Boku’s payment option, Paymo, is your phone number.

BOKU’s mission is to create a bank-grade, global mobile payments platform. By working directly with mobile carriers the world over, BOKU wants to establish the standard for a new generation mobile payments platform that operates on a global scale, with a focus on security and reliability.

Millions of people use Facebook everyday to keep up with friends, upload an unlimited number of photos, play games, share links and videos, and learn more about the people they meet. Users can use BOKU to buy credits on Facebook to purchase virtual goods, games and more.

Based in San Francisco with offices in Europe and Asia, BOKU reaches more than 2 billion consumers worldwide, and is funded by Silicon Valley and European entrepreneurs and venture capitalists including Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, and Khosla Ventures.

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Thomas Oppong is the founder @Alltopstartups.