It's time to get paid. Here's Coda Payments! This Singapore-headquartered startup makes it easy for your favorite gaming and entertainment companies to accept payments and monetize.
Money talks! We hear that they're set to raise a new round of funding at a $2.5B valuation.
🤔 Why it matters
While tons of fintechs allow businesses to accept payments, Coda's customers need a more tailored solution than what the typical payment gateway provides. They're game developers and publishers, livestreaming platforms, and video-on-demand services.
Global, yet local. These companies have customers across the globe, yet they need to be able to accept the multiple preferred payment channels per country.
It's all about the product. The types of products and transaction sizes are fundamentally different at firms like these, which cover a lot of microtransactions. Oh, and they need help with marketing too.
⚡️ How it works
Codapay. Integrate with Codapay and quickly accept over 200+ of your customers' favorite local payment methods across the globe — offer payments through vouchers, cash, e-wallets and more.
Codashop. Let your customers top-up for your game on Codashop, and you'll get more than just access to tons of local payment methods.
xShop. Sell your content on leading super apps and e-commerce platforms to access more customers, stay top-of-mind earn better margins.
🤷🏻♀️ Exit or no exit?
The talk about a new funding round in the works is a bit surprising since word on the street was that Coda was looking into exit options last year. (But hey, count on us to keep you in the loop if it happens!)
The newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia. It's fun, quick and free.