Boomplay, Africa’s Biggest Music And Video Streaming Service Raised $20M

The streaming platform also adds about 2 million new subscribers per month

Boomplay, Africa’s Biggest Music And Video Streaming Service Raised $20M

Boomplay, often considered Spotify-styled music and video streaming service for Africa, has successfully raised $20 million in Series A funding. As stated by the company officials, this accomplishment will contribute to the rapid expansion of Africa.

Boomplay, was founded by Transsnet which is a joint venture with Chinese phone maker 'Transsion' and Chinese consumer apps giant 'NetEase.' As per our observation, it looks like this African music and video streaming platform is trying to break into more sub-Saharan countries while constantly building up its database of music tracks.

At present, this online streaming platform in Africa has over 5 million music tracks as well as videos. The collection also comes with a huge emphasis on African artists. Now, Boomplay has around 42 million monthly active users that are mainly from the African continent and other prime locations like primarily Nigeria, Ghana, Kenya, and Tanzania.


The current growth rate is the addition of about 2 million users per month, which includes both paid and free subscribers. Here, users with freemium subscriptions see ads while using the music and video streaming service.

Boomplay was initially launched in Nigeria in the year 2015 and is currently owned by Transsnet Music Limited. This African streaming platform allows its users to stream songs and videos online for free along with other subscription plans, which are available globally.

Joe He, CEO of Boomplay, tells Billboard,

In addition to that, the music streaming platform also plans to use the funds to focus on content acquisition, recruitment, and product optimization. In the coming future, Boomplay plans to move into production, recording artists and the live concert space.

To keep you updated with the progress of this African music and video streaming service, make sure you follow MobileAppDaily. All you need to do is click on the ‘Subscribe’ button and never miss another update from us.

Manish <span>Content Strategist</span>
Written By
Manish Content Strategist

With a mixture of literature, cinema, and photography, Manish is mostly traveling. When he is not, he is probably writing another tech news for you!

Want To Hire The Best Service Provider?
MobileAppDaily will help you explore the best service providers depending on your vision, budget, project requirements and industry. Get in touch and create a list of best-suited companies for your needs.

Featured Success Stories


Sqreen Raised $14 Million In Series A Funding For Security Management

2 min read  

Sqreen, a cybersecurity startup that helps developers monitor and protect their web apps from vulnerabilities and attacks, has raised $14 million in a series A round of funding led by Greylock Partners, with participation from Y Combinator, Alven Capital, and Point Nine.Sqreen's used to prot

MAD Originals
MAD Originals

Cut to the chase content that’s credible, insightful & actionable.

Get the latest mashup of the App Industry Exclusively Inboxed

  • BOTH
Join our expansive network, build connections and expand your brand presence.