• FOUNDING YEAR: 2011
    LOCATION:
    Singapore
    REGION:
    Last Update:
    11 Jul, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Payment gateway platform for retail merchants, banks, telecom players, content publishers, etc.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
It has more than 500 plus customers Alfamart, Singtel, Doku wallet, Maxis, Starclub, Indosat, Mobifone, Truemoney, BDO, Tesco lotus, Axis, Vinaphone, Bangkok Bank, Baidu, Guvera, Gumi, etc.
EXISTING PARTNERSHIPS:
Partnered with Bitx- to support bitcoin payments for merchants.
COMMENT
By making a single technical connection and commercial agreement with Coda, merchants (companies like Baidu, Gumi, and Garena) significantly increase their revenues in the rapidly growing markets that they serve.

PEOPLE

FOUNDERS:
Bobby Choi, Paul Leishman, Neil Davidson
Board Members and Advisors:
Michael Momsen
INVESTORS:
Accion Venture Lab, Rakuten Ventures, Golden Gate Ventures, CyberAgent Ventures, DMP VC, GMO VenturePartners, IMJ Investment Partners Pte. Ltd, Toivo Annus, Michael Momsen

TRACTION

VALUATION / MARKET CAP:
$34.67 MM in 2016

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$5.2 Millions
DATE OF LAST FUNDING:
Aug 2016
SEED & PRIOR FUNDING:
$900 K
SEED CLOSED ON:
Dec 2012
FUNDING SERIES:
SERIES A
$4.3 Millions Closed: Aug 2016
COMMENTS
SERIES A : Cumulative funding indicated
LISTED:
NO

LATEST RESEARCH