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Coda Payments' mission is to give everyone the opportunity to access world-class digital content.
33% employee growth in 12 months
The volume of supply and demand for digital content is only getting larger, but for content providers, scaling up their coverage to service a worldwide customer base is becoming trickier. Payment methods, globally speaking, are highly fragmented, and only becoming more so as different fintech and crypto solutions gather momentum. This creates a content access issue for some of the world’s largest providers - and, therefore, stunts global growth.
With Coda Payments, providers can process transactions using hundreds of different payment methods. Additionally, Coda take just half of the 30% cut traditional app stores skim off, and offer marketing, compliance, and customer support specific to over 30 markets across the globe. As a result, it’s become a hotly competitive company: one of the Asia-pacific region’s fastest growing companies as per the FT, and a Unicorn twice over with customers including Tinder, Tencent, and Bigo Live.
Crucially, by dint of facilitating access to the emerging markets where these varied alternative payment methods are popular, Coda Payments helps these marquee companies tap into a ballooning and lucrative customer base. With growth expected to continue in that area, demand for Coda Payments looks likely to match it, as indicated by its substantial Growth Equity rounds. between 2019 and 2022.
Kirsty
Company Specialist at Welcome to the Jungle
Apr 2022
$690m
GROWTH EQUITY VC
Nov 2019
$20m
GROWTH EQUITY VC
This company has top investors
Paul Leishman
(President/Executive Director)Previously a Telos Mobility analyst, who moved into consulting with Torque Customer Strategy. Subsequently worked on mobile money for the unbanked with the GSM association.
Neil Davidson
(Executive Chairman)A Harvard MBA grad who managed the mobile money for the unbanked project at the GSM association.