back Back

Boku welcomes Stuart Neal as new CEO

By Gloria Methri

January 22, 2024

  • Account-to-Account Payment Solutions
  • Boku
  • Digital Wallets
Share

Boku, FinTech, Local Payments, A2A Payments, FinTech, UK, USABoku Inc, the global network for localized payment solutions, has appointed Stuart Neal as Chief Executive Officer, and as Director of the company.

Boku is a global network of localized payment solutions, which includes Direct Carrier Billing (DCB), digital wallets and Account-to-Account (A2A) connections giving people the freedom to pay using their preferred payment method anywhere. Boku’s customers are global merchants including Amazon, Google, Meta, Microsoft, Netflix, Spotify, Tencent and Sky.

Stuart Neal brings more than 20 years of payments, banking, and innovation leadership experience to Boku, combined with a deep understanding of the business. He previously served as Boku’s Chief Financial Officer between 2011 and 2014 and again between 2017 and 2019, seeing the company through soaring demand and its IPO.

Neal returned to the company in 2022, where, as Chief Business Officer of the Identity Division, he led the division’s growth and acquisition by Twilio. He re-joined Boku as CEO Designate in July 2023 after Jon Prideaux announced his plans to retire. During his career, Neal has also held senior leadership positions at companies including Barclaycard, Featurespace, VocaLink, GlaxoSmithKline, and Virgin Media.

As CEO and company director, Neal will continue to build on Boku’s commercial momentum and drive innovation.

“I am excited to return to Boku as CEO at such a dynamic and promising time for the payments industry,” commented Stuart Neal, CEO, Boku. “Our mission at Boku is to empower people everywhere to pay for the services they love the way they want and allow global merchants to seamlessly offer localized payment choices and unlock new growth. I look forward to leading the phenomenal Boku team as we continue to innovate and forge new partnerships, creating a global network of localized payment solutions and giving both merchants and consumers real payment choices.”

Jon Prideaux, Non-executive Director and former CEO at Boku, said, “We have secured partnerships with all the major tech players, successfully expanded beyond carrier billing and established ourselves as a global force in local payments – driven initially by e-wallets and later by account-to-account payments. It is the perfect time to pass the baton to someone who can lead the Company into its next chapter. Knowing Stuart well, I believe he is the ideal candidate to continue the strategy we have set out.”

Previous Article

January 22, 2024

WealthArc & ZeroLink launch AI-based chat service for wealth managers

Read More
Next Article

January 22, 2024

Pinwheel partners with Jack Henry to expand direct deposit solution

Read More








IBSi Daily News Analysis

Fraud

February 23, 2024

Account-to-Account Payment Solutions

Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Ebury and Nium team to offer cross-border payments in Brazil

Read More

Today

MultiPay teams up with Acquired.com to launch Pay By Bank

Read More

Today

UNIPaaS unveils AI payment assistant solution for SaaS platforms

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023