The co-founders of Mopay have officially joined the executive team of Boku, which acquired the German company last month.
Ingo Lippert and Christian Hinrichs were named respectively as chief business officer and chief financial officer of the mobile payment company, Boku announced Nov. 14.
The acquisition of mopay brings Boku considerable carrier billing volume and clients at a time when payment companies are facing increasing competition from new players. The San Francisco-based Boku inherited clients such as Valve, gameloft and Wargaming from mopay to go along with its current merchants like Facebook, Sony, Spotify, and Electronic Arts.
As chief business officer, Lippert will be responsible for leading Boku's merchant and carrier focused sales and business development strategies. Lippert brings more than 20 years of carrier billing, e-commerce and management experience to his new position, which was previously held by Boku Chief Executive Officer Jon Prideaux.
Hinrichs is going to lead Boku's finance, accounting, controlling and investor relations. He has been in the direct carrier billing industry for more than 14 years. Before he started mopay, Hinrichs worked as a project manager at Roland Berger & Partner. He also has banking experience with job stints at Commerzbank, Dresdner Bank and Privatebankiers.