Recharge.com

Nijmegen, Netherlands Founded: 2012 • Age: 14 yrs Acquired By Coda
Online utility bill payment platform for individuals
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About Recharge.com

Recharge.com is a company based in Nijmegen (Netherlands) founded in 2012 by Robin Weesie was acquired by Coda in July 2025.. Recharge.com has raised $60.28 million across 4 funding rounds from investors including ABN AMRO, Coda and Kreos Capital. Recharge.com has completed 2 acquisitions, including Giftcloud and Startselect. Recharge.com offers products and services including Mobile Top-up, Gift Cards, and Payment Cards. Recharge.com operates in a competitive market with competitors including Aditya Birla Capital, LGEKU, NowNow, TrueMoney and Electrica Furnizare, among others.

  • Headquarter Nijmegen, Netherlands
  • Founders Robin Weesie
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $60.28 M (USD)

    in 4 rounds

  • Latest Funding Round
    $46.35 M (USD), Debt – Conventional

    Jan 16, 2025

  • Investors
    ABN AMRO

    & 4 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Giftcloud

    & 1 more

  • Acquired by
    Coda

    (Jul 17, 2025)

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Products & Services of Recharge.com

Recharge.com offers a comprehensive portfolio of products and services, including Mobile Top-up, Gift Cards, and Payment Cards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Service for recharging mobile phones worldwide instantly and securely.

Digital cards for entertainment, shopping, and gaming platforms online.

Prepaid cards for digital transactions and recharges globally.

People of Recharge.com
Headcount 50-200
Employee Profiles 75
Employee Profiles
People
Marta Garau
Talent Acquisition Lead
People
Carlo Melisi
Lead Software Engineer
People
Lucas Reis
Senior Full Stack Engineer
People
Oscar Leche
Staff Engineer

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Funding Insights of Recharge.com

Recharge.com has successfully raised a total of $60.28M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $46.35 million completed in January 2025. 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.

  • Total Funding
  • Total Rounds 4
  • Last Round Debt – Conventional — $46.4M
  • First Round

    (01 Jun 2019)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2025 Amount Debt – Conventional - Recharge.com Valuation

investors

Sep, 2021 Amount Series B - Recharge.com Valuation SmartFin
Mar, 2021 Amount Debt – Venture - Recharge.com Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Recharge.com

Recharge.com has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include ABN AMRO, Coda and Kreos Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture debt is provided to growth-stage companies across multiple sectors.
Founded Year Domain Location
Growth-stage tech investments in Europe are managed by SmartFin.
Founded Year Domain Location
Venture capital is invested in European technology sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Recharge.com

Recharge.com has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Giftcloud and Startselect. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Game cards and points are distributed online across Europe.
2016
Online gift card retailer
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Recharge.com

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Recharge.Com Comparisons

Employees
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Competitors of Recharge.com

Recharge.com 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 Aditya Birla Capital, LGEKU, NowNow, TrueMoney and Electrica Furnizare, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Diversified financial services including investment, insurance, and lending are offered.
domain founded_year HQ Location
Utility bill payment solution for consumers
domain founded_year HQ Location
Mobile-based wallet for businesses and individuals
domain founded_year HQ Location
Digital wallet services for payments and transfers are provided.
domain founded_year HQ Location
An online platform is operated for individual utility bill payments.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Recharge.Com

Frequently Asked Questions about Recharge.com

When was Recharge.com founded?

Recharge.com was founded in 2012 and raised its 1st funding round 7 years after it was founded.

Where is Recharge.com located?

Recharge.com is headquartered in Nijmegen, Netherlands. It is registered at Nijmegen, Gelderland, Netherlands.

Who is the current CEO of Recharge.com?

Günther Vogelpoel is the current CEO of Recharge.com.

Is Recharge.com a funded company?

Recharge.com is a funded company, having raised a total of $60.28M across 4 funding rounds to date. The company's 1st funding round was a Debt – Venture of $11.83M, raised on Jun 01, 2019.

What does Recharge.com do?

Recharge.com was founded in 2012 in Nijmegen, Netherlands, and operates in the fintech sector as an online platform for utility bill payments. Prepaid credit cards, cell phone recharges, airtime top-ups, and gift cards are offered to individual users. Multiple payment methods, including PayPal, credit cards, China UnionPay, Mastercard, Visa, and American Express, are supported. The application is accessible via Android and iOS platforms.

Who are the top competitors of Recharge.com?

Recharge.com's top competitors include Aditya Birla Capital, TrueMoney and LGEKU.

What products or services does Recharge.com offer?

Recharge.com offers Mobile Top-up, Gift Cards, and Payment Cards.

How many acquisitions has Recharge.com made?

Recharge.com has made 2 acquisitions, including Giftcloud, and Startselect.

Who are Recharge.com's investors?

Recharge.com has 5 investors. Key investors include ABN AMRO, Coda, Kreos Capital, SmartFin, and Prime Ventures.

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