Whether it’s ordering a pizza or booking a holiday, every online payment has relied on the global banking system — leaving over 2 billion adults, holding $33 trillion in cash, unable to participate. At the same time, the banking system often lacks resilience, with outages disrupting global payments.
Boom digitises cash into stablecoins, bridging the offline and online economies and enabling anyone, anywhere to spend, accept, and save money online — securely, instantly, and without a bank account.
Each Boom stablecoin, including bGBP, is 100% backed by GBP reserves held and managed in-country by regulated financial institutions and invested in short-term government bonds, ensuring stability, transparency, and compliance from day one.
Boom Technologies Ltd is registered in England and Wales (No. 15034868). Boom Markets Ltd is registered under SCUML (No. SC151839892) in accordance with the Money Laundering (Prevention and Prohibition) Act, 2022.
Boom Technologies Ltd (“Boom”) bridges this gap by digitising cash and connecting it to the global digital economy, empowering everyone to securely spend, accept, and save cash online—without ever needing a bank, while maintaining robust compliance with AML/KYC regulations. Each transaction is traceable, verified, and compliant with local and international financial regulations.