Coda Payments

paymentspayment gateways

FOUNDING YEAR: 2011
LOCATION: Singapore
Last Update: 09/07/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

About

Codapay is an alternative payment gateway that enables merchants to accept payments from cardless customers in Southeast Asia. It provides multiple payment channels such as direct carrier billing, bank transfers, cash payments and physical vouchers.

Focus

PRODUCTS & SERVICES

Payment gateway platform for retail merchants, banks, telecom players, content publishers, etc.

REVENUE MODEL

The company charges payment processing fee of 4% per transaction.

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.

Traction

VALUATION / MARKET CAP:

$34.67 M in 2016

People

FOUNDERS

Bobby Choi

Paul Leishman

Neil Davidson

BOARD MEMBERS AND ADVISORS

Michael Momsen

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Accion Venture Lab

CyberAgent Capital

CyberAgent Ventures

DMP VC

GMO VenturePartners

Golden Gate

Golden Gate Ventures

IMJ Investment Partners Pte. Ltd

MDI Ventures

Michael Momsen

Rakuten

Rakuten Ventures

Toivo Annus

Momentum

FUNDED

YES

TOTAL FUNDING

$22.9 M

DATE OF LAST FUNDING

Nov 2019

SEED & PRIOR FUNDING

$900 K

FUNDING SERIES

SERIES A  · $2 M  · ---

OTHERS  · $20 M · ---

PRIZE MONEY

$50 K

LISTED

NO

BASICS

FOUNDING YEAR:

2011

LOCATION:

Singapore

Views:

253 VISITORS | 406 VIEWS
LATEST FUNDING ROUND

$22.9 M

TOTAL EMPLOYEES
51-200

About

Codapay is an alternative payment gateway that enables merchants to accept payments from cardless customers in Southeast Asia. It provides multiple payment channels such as direct carrier billing, bank transfers, cash payments and physical vouchers.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack