Coda Payments Raises $715M in Series C Funding Round: A Decade of Monetization Expertise Recognized

Coda Payments, a pioneer in the monetization of gaming and content discovery, has proudly announced a monumental funding achievement of $715 million. Founded in 2011, Coda has firmly established itself as a trusted partner for over 300 leading publishers, such as Activision Blizzard, Electronic Arts, and Riot Games. This significant round of funding will further enhance Coda’s mission to connect with more than 10 million paying customers across the globe, enabling its partners to increase revenue, boost profit margins, and elevate customer engagement. Coda offers a diverse range of innovative solutions, including Custom Commerce—an entirely customizable web store, Codapay—providing direct API payment integration on publisher websites, and Codashop—the go-to platform for in-game content purchases among 11 million gamers. With this funding, Coda plans to scale its operations, expand its product offerings, and deepen its investment in advanced technology. The company, which has been recognized as one of the fastest-growing enterprises in the Asia-Pacific region by Financial Times, aims to solidify its position as the leading payment solutions provider for the gaming industry. Backed by notable investors like Smash Capital, Insight Partners, GIC, Apis Partners, and GMO Global Payment Fund, Coda is poised for unprecedented growth. The company's unwavering commitment to delivering exceptional service and results to publishers not only empowers its partners but also enhances the gaming experiences of millions worldwide. As Coda embarks on this exciting journey, the future of gaming monetization looks brighter than ever.