Coda Payments

Singapore, Singapore Founded: 2011 • Age: 15 yrs
Provides payment processing, customizable stores, and marketplace for digital goods.
Annual revenue $169.0M Latest available
Total funding $695.2M 6 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Coda Payments

Coda Payments is a company based in Singapore (Singapore) founded in 2011 by Neil Frederic Davidson, Paul Leishman, and Bobby Choi. It operates as a B2B and Marketplace. Coda Payments has raised $695.2 million across 6 funding rounds from investors including Rakuten, Accion and Spiral Ventures. Coda Payments has completed 1 acquisition, including BAASH Esports. Coda Payments offers products and services including Codapay, Coda Custom Commerce, Coda Distribution, and Codashop. Coda Payments operates in a competitive market with competitors including Stripe, PayPal, Razorpay, Flutterwave and Square, among others.

  • Headquarter Singapore, Singapore
  • Founders Neil Frederic Davidson, Paul Leishman, Bobby Choi
  • Stage Unicorn
  • Sectors
    Financial Services
    Retail
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Coda Payments Pte. Ltd
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $169 M (USD)
    0
    as on Dec 31, 2023
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $695.2 M (USD)

    in 6 rounds

  • Latest Funding Round
    $690 M (USD), Series C

    Apr 14, 2022

  • Investors
    Rakuten

    & 11 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Coda Payments

Coda Payments offers a comprehensive portfolio of products and services, including Codapay, Coda Custom Commerce, Coda Distribution, and Codashop.

Product name locked
Category locked
Primary

Enables global payment access with over 400 methods.

Product name locked
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Offers customizable web stores for content sales.

Product name locked
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Connects to partner networks for revenue growth.

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Facilitates sales of in-game currencies and apps.

People of Coda Payments

Headcount 200-500
Employee Profiles 48
Board Members and Advisors 1
Employee Profiles
People
Linda Lee
VP, People
People
Cheryl Leong
B2b Marketing Manager, Global
People
Felix Joy
Senior Marketing Manager, Partnership Strategy
People
Kara Clarise Magno
Marketing Manager - GTM (go-to-market)

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Board Members and Advisors
people
Neil Davidson
Executive Chairman

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Funding Insights of Coda Payments

Coda Payments has successfully raised a total of $695.2M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $690 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Coda Payments

Coda Payments has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Rakuten, Accion and Spiral Ventures.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment firm scaling software and technology companies from early to late stages.
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Sovereign wealth is managed and private equity investments are facilitated.
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Venture capital firm focused on consumer internet, software, and technology companies
Locked Locked Locked
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Investor details for Coda Payments

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Coda Payments

Coda Payments has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BAASH Esports.

Investments
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Investment portfolio details for Coda Payments

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Esports events and teams are organized by BAASH Esports.
Locked Locked 2020 Locked
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Complete acquisition details for Coda Payments

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Coda Payments

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Detailed financials for Coda Payments

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Coda Payments Comparisons

Coda Payments Primary company
Description
Provides payment processing, customizable stores, and market...
Location
Singapore, Singapore
Founded Year
2011
Annual Revenue
$169 M (USD)
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Coda Payments

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Competitors of Coda Payments

Coda Payments operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, PayPal, Razorpay, Flutterwave and Square, among others.

Company Name Domain Founded year HQ Location Description
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Payment processing and card issuance solutions are provided for businesses.
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Online payment solutions are offered to consumers and businesses.
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Payment and business banking solutions are provided for enterprises.
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Provider of payment processing solutions for businesses
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POS solutions are provided for retail businesses.
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Online payment and money transfer platform for businesses
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Detailed competitors of Coda Payments

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  • Domains and locations
  • Full company profiles
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Latest news on Coda Payments

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Complete news archive for Coda Payments

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Coda Payments

Coda Payments was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Coda Payments is headquartered in Singapore, Singapore.

Neil Frederic Davidson is the current CEO of Coda Payments. They have also founded this company.

Coda Payments is a funded company, having raised a total of $695.2M across 6 funding rounds to date.

Annual revenue of Coda Payments is $169M as on Dec 31, 2023.

Coda Payments operates as a fintech company offering payment solutions like Codapay, which unlocks global payment coverage through over 400 methods across 70 markets. They provide customizable web stores for content sales and distribution networks to expand reach for publishers. Based in Singapore, Coda serves businesses and publishers by handling risks, fraud, and compliance, enabling seamless global monetization and audience growth through platforms like Codashop for in-game currencies.

Coda Payments's top competitors include Stripe, Razorpay and PayU.

Coda Payments offers Codapay, Coda Custom Commerce, Coda Distribution, and Codashop.

Coda Payments has made 1 acquisition, including BAASH Esports.

Coda Payments has 12 investors. Key investors include Rakuten, Accion, Spiral Ventures, Insight Partners, and GIC.

The valuation of Coda Payments is $2.5B as of Apr 2022.

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