{"id":27054,"date":"2025-07-17T09:48:46","date_gmt":"2025-07-17T02:48:46","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=27054"},"modified":"2025-07-17T09:48:46","modified_gmt":"2025-07-17T02:48:46","slug":"coda-accelerates-global-expansion-with-acquisition-of-european-payments-platform-recharge","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=27054","title":{"rendered":"Coda Accelerates Global Expansion with Acquisition of European Payments Platform Recharge"},"content":{"rendered":"<ul type=\"disc\">\n<li>Singapore headquartered Coda acquires Recharge, Europe&#8217;s leading prepaid payments platform, expanding global reach and deepening direct-to-consumer capabilities.<\/li>\n<li>Built on strong partnerships with publishers like Electronic Arts, Activision, and Riot Games, the acquisition accelerates Coda&#8217;s move into new categories and consumer segments.<\/li>\n<li>Combined business processed over US$1.75B in 2024, reaching 200M+ users across 180+ markets.<\/li>\n<\/ul>\n<p> <span class=\"legendSpanClass\">SINGAPORE and AMSTERDAM<\/span>, <span class=\"legendSpanClass\">July 17, 2025<\/span> \/PRNewswire\/ &#8212; <u><a href=\"https:\/\/www.coda.co\/\" target=\"_blank\" rel=\"nofollow\">Coda<\/a><\/u>, a global leader in digital content monetization headquartered in Singapore, today announced it has signed a definitive agreement to acquire <u><a href=\"https:\/\/company.recharge.com\/\" target=\"_blank\" rel=\"nofollow\">Recharge<\/a><\/u>, Europe&#8217;s leading prepaid payments platform, headquartered in Amsterdam. The transaction brings together two profitable regional leaders with scaled businesses, complementary strengths and a shared ambition to lead the future of global digital distribution and monetization.<\/p>\n<p>The acquisition accelerates Coda&#8217;s expansion beyond gaming and strengthens its ability to serve the broader digital content economy \u2014 across categories, customers, and continents \u2014 by extending its presence in Europe and building on its direct-to-consumer capabilities. For Recharge, the deal brings B2B expertise, access to deeper partnerships with top-tier digital content publishers, and a proven playbook for growth in high-growth markets, especially across Asia. Based on 2024 figures, the combined business would have processed more than US$1.75 billion in sales, served over 200 million customers, and operated in upwards of 180 markets \u2014 marking a scaled global footprint from day one.<\/p>\n<p>Coda is a trusted monetization partner to the world&#8217;s leading mobile gaming and digital content publishers, including Electronic Arts, Activision, Riot Games, HoYoverse, and Moonton. Coda distributes more than 500 titles from over 300 publisher partners and powers webstores for flagship franchises such as Call of Duty\u00ae: Mobile and EA SPORTS FC\u2122 Mobile. With a network of over 400 local payment channels, Coda offers consumers better value and more choice. For publishers, Coda simplifies global growth \u2014managing risk, compliance, and customer support as Merchant of Record.<\/p>\n<p>Recharge \u2014 a European leader in prepaid digital storefronts like Recharge.com and Startselect.com \u2014 strengthens Coda&#8217;s B2C scale and reach across Europe. With over 16,000 products spanning gaming, mobile, gift cards, and lifestyle, Recharge combines a marketing-led, consumer-first approach with established brand equity and a user base of more than 8 million. Trusted by over 1,000 global brands \u2014 including Apple, Google, Vodafone, and PlayStation \u2014 Recharge brings retail strength, relevance, and regional depth.<\/p>\n<p>&#8220;We&#8217;ve long admired what the Recharge team has built \u2014 a profitable, consumer-focused business with top global brands and real depth across Europe,&#8221; said Shane Happach, CEO of Coda.<\/p>\n<p>&#8220;This transaction brings together two regional commerce leaders with distinct but highly complementary strengths. At Coda, we&#8217;ve focused on scaling our B2B capabilities alongside, working with the world&#8217;s leading digital publishers to maximize their revenue \u2014 particularly in high-growth, complex markets across Southeast Asia. Recharge adds a powerful direct-to-consumer engine, deep prepaid expertise, and strong brand equity across Europe. Most importantly, we&#8217;re bringing together two teams that share the same values: ambition, collaboration, and commercial sharpness. That gives us a strong foundation to lead the next chapter in global digital content distribution and monetization.&#8221;<\/p>\n<p>&#8220;At Recharge, we&#8217;ve focused on building the technology platform that connects and scales the prepaid payments ecosystem \u2014 enabling seamless transactions between users, products, and brands through smart, data-driven infrastructure,&#8221; said G\u00fcnther Vogelpoel, CEO of Recharge. &#8220;That focus, combined with a passionate team that consistently executes with precision, and pace, has allowed us to scale a profitable and trusted business across Europe and beyond.&#8221;<\/p>\n<p>&#8220;Joining forces with Coda gives us the opportunity to take everything we&#8217;ve built \u2014 from our platform to our partnerships \u2014 and extend it globally to truly become the global leader we set out to be. With complementary strengths and a shared DNA, this unique combination sets us up to create even more value for the brands, publishers, and customers we serve.&#8221;<\/p>\n<p>From premium content to prepaid products, this transaction brings together payments expertise, publisher and brand partnerships, and broad consumer reach \u2014 opening up real opportunities for cross-sell and deeper market access. With complementary capabilities, wider global coverage, and an expanded catalogue, Coda and Recharge are better positioned to collectively serve the full digital content economy across both B2B and B2C. Together, the combined company will deliver improved value and convenience to partners and consumers worldwide through secure, trusted, and locally relevant monetization and distribution solutions.<\/p>\n<p>The transaction is backed by Apis Partners, Insight Partners, Smash Capital alongside Coda&#8217;s other investors.<\/p>\n<p> <b>Images<br \/><\/b>Available <u><a href=\"https:\/\/brand.recharge.com\/share\/SCixZD177q46n4kryB2r\" target=\"_blank\" rel=\"nofollow\">here<\/a><\/u>.<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<ul type=\"disc\">\n<li>Singapore headquartered Coda acquires Recharge, Europe&#8217;s leading prepaid payments platform, expanding global reach and deepening direct-to-consumer capabilities.<\/li>\n<li>Built on strong partnerships with publishers like Electronic Arts, Activision, and Riot Games, the acquisition accelerates Coda&#8217;s move into new categories and consumer segments.<\/li>\n<li>Combined business processed over US$1.75B in 2024, reaching 200M+ users across 180+ markets.<\/li>\n<\/ul>\n<p> <span class=\"legendSpanClass\">SINGAPORE and AMSTERDAM<\/span>, <span class=\"legendSpanClass\">July 17, 2025<\/span> \/PRNewswire\/ &#8212; <u><a href=\"https:\/\/www.coda.co\/\" target=\"_blank\" rel=\"nofollow\">Coda<\/a><\/u>, a global leader in digital content monetization headquartered in Singapore, today announced it has signed a definitive agreement to acquire <u><a href=\"https:\/\/company.recharge.com\/\" target=\"_blank\" rel=\"nofollow\">Recharge<\/a><\/u>, Europe&#8217;s leading prepaid payments platform, headquartered in Amsterdam. The transaction brings together two profitable regional leaders with scaled businesses, complementary strengths and a shared ambition to lead the future of global digital distribution and monetization.<\/p>\n<p>The acquisition accelerates Coda&#8217;s expansion beyond gaming and strengthens its ability to serve the broader digital content economy \u2014 across categories, customers, and continents \u2014 by extending its presence in Europe and building on its direct-to-consumer capabilities. For Recharge, the deal brings B2B expertise, access to deeper partnerships with top-tier digital content publishers, and a proven playbook for growth in high-growth markets, especially across Asia. Based on 2024 figures, the combined business would have processed more than US$1.75 billion in sales, served over 200 million customers, and operated in upwards of 180 markets \u2014 marking a scaled global footprint from day one.<\/p>\n<p>Coda is a trusted monetization partner to the world&#8217;s leading mobile gaming and digital content publishers, including Electronic Arts, Activision, Riot Games, HoYoverse, and Moonton. Coda distributes more than 500 titles from over 300 publisher partners and powers webstores for flagship franchises such as Call of Duty\u00ae: Mobile and EA SPORTS FC\u2122 Mobile. With a network of over 400 local payment channels, Coda offers consumers better value and more choice. For publishers, Coda simplifies global growth \u2014managing risk, compliance, and customer support as Merchant of Record.<\/p>\n<p>Recharge \u2014 a European leader in prepaid digital storefronts like Recharge.com and Startselect.com \u2014 strengthens Coda&#8217;s B2C scale and reach across Europe. With over 16,000 products spanning gaming, mobile, gift cards, and lifestyle, Recharge combines a marketing-led, consumer-first approach with established brand equity and a user base of more than 8 million. Trusted by over 1,000 global brands \u2014 including Apple, Google, Vodafone, and PlayStation \u2014 Recharge brings retail strength, relevance, and regional depth.<\/p>\n<p>&#8220;We&#8217;ve long admired what the Recharge team has built \u2014 a profitable, consumer-focused business with top global brands and real depth across Europe,&#8221; said Shane Happach, CEO of Coda.<\/p>\n<p>&#8220;This transaction brings together two regional commerce leaders with distinct but highly complementary strengths. At Coda, we&#8217;ve focused on scaling our B2B capabilities alongside, working with the world&#8217;s leading digital publishers to maximize their revenue \u2014 particularly in high-growth, complex markets across Southeast Asia. Recharge adds a powerful direct-to-consumer engine, deep prepaid expertise, and strong brand equity across Europe. Most importantly, we&#8217;re bringing together two teams that share the same values: ambition, collaboration, and commercial sharpness. That gives us a strong foundation to lead the next chapter in global digital content distribution and monetization.&#8221;<\/p>\n<p>&#8220;At Recharge, we&#8217;ve focused on building the technology platform that connects and scales the prepaid payments ecosystem \u2014 enabling seamless transactions between users, products, and brands through smart, data-driven infrastructure,&#8221; said G\u00fcnther Vogelpoel, CEO of Recharge. &#8220;That focus, combined with a passionate team that consistently executes with precision, and pace, has allowed us to scale a profitable and trusted business across Europe and beyond.&#8221;<\/p>\n<p>&#8220;Joining forces with Coda gives us the opportunity to take everything we&#8217;ve built \u2014 from our platform to our partnerships \u2014 and extend it globally to truly become the global leader we set out to be. With complementary strengths and a shared DNA, this unique combination sets us up to create even more value for the brands, publishers, and customers we serve.&#8221;<\/p>\n<p>From premium content to prepaid products, this transaction brings together payments expertise, publisher and brand partnerships, and broad consumer reach \u2014 opening up real opportunities for cross-sell and deeper market access. With complementary capabilities, wider global coverage, and an expanded catalogue, Coda and Recharge are better positioned to collectively serve the full digital content economy across both B2B and B2C. Together, the combined company will deliver improved value and convenience to partners and consumers worldwide through secure, trusted, and locally relevant monetization and distribution solutions.<\/p>\n<p>The transaction is backed by Apis Partners, Insight Partners, Smash Capital alongside Coda&#8217;s other investors.<\/p>\n<p> <b>Images<br \/><\/b>Available <u><a href=\"https:\/\/brand.recharge.com\/share\/SCixZD177q46n4kryB2r\" target=\"_blank\" rel=\"nofollow\">here<\/a><\/u>.<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-27054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/27054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27054"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/27054\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}