Coda Payments, a Singapore-based independent platform for digital content monetization, raised $690m in funding.
Backers included Smash Capital, Insight Partners, and Singapore’s sovereign-wealth fund GIC. Apis Growth Fund II, a private equity fund managed by Apis Partners LLP, and other existing shareholders retain equity positions in Coda moving forward.
The company intends to use the funds for international expansion.
Led by Neil Davidson, Executive Chairman and Co-founder, Coda Payments operates Codashop, an independent source for games and in-game currencies. Coda also offers Codapay, which allows publishers of digital content to accept the same range of 300+ payment methods available on Codashop on their own websites, and xShop, which allows publishers to distribute their products through a range of e-commerce and other consumer-facing platforms.
FinSMEs
18/04/2022