mPayments company Boku has secured $35m (£22m) in funding, from investors including NEA (New Enterprise Associates), Telefónica Digital, and a number of previous investors. The funding, according to Boku, will be used to expand its team, broaden infrastructure and continue global expansion of the company, and the Boku Accounts platform.

“Payments is an industry that requires scale, and in the three years since Boku launched we’ve grown rapidly, to partner with more than 250 mobile network operators, processing transactions in 67 countries around the world,” says Mark Britto, Boku CEO. “We see this investment as a clear vote of confidence from our new partners at NEA and Telefónica. They recognize that we’ve established a mobile billing system that offers bank grade technology on a global scale.”

This investment brings the total to $75m raised, in a series of funding rounds starting 2008, when the company was formed.