Boku, the US-based commerce platform developer backed by telecommunications company Telefónica, aims to raise up to £45m ($59.4m) in an initial public offering in the UK next week, TechCrunch has reported.
Boku has built a mobile commerce platform that incorporates features such as mobile bill-based payment for apps, mobile authentication and mobile checkout for mobile merchants, and analysis and optimisation tools for mobile operators.
The IPO will take place on the London Stock Exchange’s Alternative Investment Market and a £45m…