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Singapore fintech startup Coda Payments raises over $20m


Singapore-based payments service provider Coda Payments announced investments of more than US$20 million in a deal led by private equity asset manager Apis Partners through its Apis Growth Fund II.

Founded in 2011, Coda helps publishers such as Tencent, Garena, and Netflix monetize games and other digital content. Through Codapay, Coda allows these companies to accept more than 100 payment methods on their websites, including direct carrier billing, bank or ATM transfer, cash payments at convenience stores, online vouchers, and e-wallets.

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