Latest news with #ShaneHappach
CNBC
4 days ago
- Business
- CNBC
Not worried about stablecoin disruption: Coda Payments CEO
Shane Happach, the CEO of Coda Payments, discusses the company's latest acquisition of European payments platform Recharge. He also shares his view on stablecoins and how they change the landscape for payments companies and customers.
Korea Herald
5 days ago
- Business
- Korea Herald
Coda Accelerates Global Expansion with Acquisition of European Payments Platform Recharge
SINGAPORE and AMSTERDAM, July 17, 2025 /PRNewswire/ -- Coda, a global leader in digital content monetization headquartered in Singapore, today announced it has signed a definitive agreement to acquire Recharge, Europe'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. The acquisition accelerates Coda's expansion beyond gaming and strengthens its ability to serve the broader digital content economy — across categories, customers, and continents — 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 — marking a scaled global footprint from day one. Coda is a trusted monetization partner to the world'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®: Mobile and EA SPORTS FC™ Mobile. With a network of over 400 local payment channels, Coda offers consumers better value and more choice. For publishers, Coda simplifies global growth —managing risk, compliance, and customer support as Merchant of Record. Recharge — a European leader in prepaid digital storefronts like and — strengthens Coda'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 — including Apple, Google, Vodafone, and PlayStation — Recharge brings retail strength, relevance, and regional depth. "We've long admired what the Recharge team has built — a profitable, consumer-focused business with top global brands and real depth across Europe," said Shane Happach, CEO of Coda. "This transaction brings together two regional commerce leaders with distinct but highly complementary strengths. At Coda, we've focused on scaling our B2B capabilities alongside, working with the world's leading digital publishers to maximize their revenue — 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'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." "At Recharge, we've focused on building the technology platform that connects and scales the prepaid payments ecosystem — enabling seamless transactions between users, products, and brands through smart, data-driven infrastructure," said Günther Vogelpoel, CEO of Recharge. "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." "Joining forces with Coda gives us the opportunity to take everything we've built — from our platform to our partnerships — 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." From premium content to prepaid products, this transaction brings together payments expertise, publisher and brand partnerships, and broad consumer reach — 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. The transaction is backed by Apis Partners, Insight Partners, Smash Capital alongside Coda's other investors.
Arabian Post
30-04-2025
- Business
- Arabian Post
Coda unveils ESG roadmap to drive data privacy, ethics, and sustainability
SINGAPORE – Media OutReach Newswire – 30 April 2025 – Coda, a leader in digital content monetization, today released its inaugural Environmental, Social, and Governance (ESG) Report, detailing its commitment to sustainable growth, responsible operations, and creating long-term value for its stakeholders. The report details its ESG commitments and progress to-date across three business-critical areas that align with the broader fintech and payments industry's focus. They are Data Privacy and Security, Ethics and Compliance, and Social and Labor Practices. 'We're proud to release Coda's first ESG report, a key step in our journey as a trusted global digital commerce partner,' said Shane Happach, CEO of Coda. 'From reducing carbon emissions to enhancing data security, we are taking concrete steps to build a responsible and resilient business. This is just the beginning, and we'll continue working with stakeholders to drive meaningful impact.' Key Highlights: Carbon Reduction : A 30% reduction in carbon footprint by 2030 (from a 2023 baseline) and net-zero emissions by 2040 through energy-efficient office spaces and partnerships with cloud providers using carbon-free energy. : A 30% reduction in carbon footprint by 2030 (from a 2023 baseline) and net-zero emissions by 2040 through energy-efficient office spaces and partnerships with cloud providers using carbon-free energy. Employee Well-being & Engagement : Achieve an engagement score of >80% by 2026. : Achieve an engagement score of >80% by 2026. Governance & Transparency : Publish an annual ESG report with a gradually expanding scope of disclosures, and consider aligning with a recognized reporting framework by 2026. : Publish an annual ESG report with a gradually expanding scope of disclosures, and consider aligning with a recognized reporting framework by 2026. Data Security & Transparency: Achieve ISO 27001 certification by 2026 and maintain zero major data breaches. Formalize a quarterly security dashboard and externally publish a summary of our security efforts by 2025. Finally, to gradually work towards SOC 2 compliance for key systems by 2027. Key Next Steps: Internal Alignment : To support these targets, Coda will establish an internal ESG Steering Committee in 2025 to drive cross-functional execution of ESG initiatives and monitor progress on targets. : To support these targets, Coda will establish an internal ESG Steering Committee in 2025 to drive cross-functional execution of ESG initiatives and monitor progress on targets. Data Enhancement : Strengthen ESG data collection systems by implementing tools that enable more detailed and accurate tracking, such as enhanced measurement of carbon emissions at a granular level. : Strengthen ESG data collection systems by implementing tools that enable more detailed and accurate tracking, such as enhanced measurement of carbon emissions at a granular level. Policy Updates : Develop or update policies to support target achievement. For example, a Green Procurement Policy to favor low-carbon suppliers. : Develop or update policies to support target achievement. For example, a Green Procurement Policy to favor low-carbon suppliers. Benchmarking : Continue to benchmark against industry peers and standards to inform our strategy. : Continue to benchmark against industry peers and standards to inform our strategy. Stakeholder Engagement: Increase engagement with both internal and external stakeholders on ESG. Internally, communicate the ESG roadmap to all employees so they understand our collective goals and their role in achieving them. Externally, gather feedback from investors, partners, and even customers on what ESG information they care about most, to ensure our reporting remains relevant. Coda will regularly update our ESG priorities and targets to adapt to changing regulations, stakeholder needs, and new opportunities like emerging technologies. Our goal is a flexible ESG program that can respond to evolving challenges. You can access the full report here. The issuer is solely responsible for the content of this announcement. About Coda Founded in 2011, Coda brings over a decade of experience in delivering commerce solutions and strategies that drive revenue growth. Trusted by more than 300 publishers—including industry titans like Activision, Bigo, Electronic Arts, Moonton and Riot Games—Coda grows revenue and deepens customer engagement for our partners by connecting them to 200M+ paying customers worldwide. Coda's commerce, payment and distribution solutions include Custom Commerce, a fully customizable web store, Codapay , which provides direct API payments integration on publishers' websites, Codashop, the go-to online marketplace for millions of gamers worldwide to purchase in-game content and Distribution, where we extend the reach of Codashop content across our network of trusted commerce partners. Headquartered in Singapore with 400+ Codans globally, Coda has most recently been recognized as an APAC High Growth Company (2023) by the Financial Times, one of Granite Asia's NextGenTech 30 (2024), a payments leader in Fortune's Fintech Innovation Asia list (2024), and listed in The Straits Times Fastest Growing Fintechs (2024).
Zawya
30-04-2025
- Business
- Zawya
Coda unveils ESG roadmap to drive data privacy, ethics, and sustainability
SINGAPORE - Media OutReach Newswire - 30 April 2025 - Coda, a leader in digital content monetization, today released its inaugural Environmental, Social, and Governance (ESG) Report, detailing its commitment to sustainable growth, responsible operations, and creating long-term value for its stakeholders. The report details its ESG commitments and progress to-date across three business-critical areas that align with the broader fintech and payments industry's focus. They are Data Privacy and Security, Ethics and Compliance, and Social and Labor Practices. "We're proud to release Coda's first ESG report, a key step in our journey as a trusted global digital commerce partner," said Shane Happach, CEO of Coda. "From reducing carbon emissions to enhancing data security, we are taking concrete steps to build a responsible and resilient business. This is just the beginning, and we'll continue working with stakeholders to drive meaningful impact." Key Highlights: Carbon Reduction: A 30% reduction in carbon footprint by 2030 (from a 2023 baseline) and net-zero emissions by 2040 through energy-efficient office spaces and partnerships with cloud providers using carbon-free energy. Employee Well-being & Engagement: Achieve an engagement score of >80% by 2026. Governance & Transparency: Publish an annual ESG report with a gradually expanding scope of disclosures, and consider aligning with a recognized reporting framework by 2026. Data Security & Transparency: Achieve ISO 27001 certification by 2026 and maintain zero major data breaches. Formalize a quarterly security dashboard and externally publish a summary of our security efforts by 2025. Finally, to gradually work towards SOC 2 compliance for key systems by 2027. Key Next Steps: Internal Alignment: To support these targets, Coda will establish an internal ESG Steering Committee in 2025 to drive cross-functional execution of ESG initiatives and monitor progress on targets. Data Enhancement: Strengthen ESG data collection systems by implementing tools that enable more detailed and accurate tracking, such as enhanced measurement of carbon emissions at a granular level. Policy Updates: Develop or update policies to support target achievement. For example, a Green Procurement Policy to favor low-carbon suppliers. Benchmarking: Continue to benchmark against industry peers and standards to inform our strategy. Stakeholder Engagement: Increase engagement with both internal and external stakeholders on ESG. Internally, communicate the ESG roadmap to all employees so they understand our collective goals and their role in achieving them. Externally, gather feedback from investors, partners, and even customers on what ESG information they care about most, to ensure our reporting remains relevant. Coda will regularly update our ESG priorities and targets to adapt to changing regulations, stakeholder needs, and new opportunities like emerging technologies. Our goal is a flexible ESG program that can respond to evolving challenges. You can access the full report here. The issuer is solely responsible for the content of this announcement. About Coda Founded in 2011, Coda brings over a decade of experience in delivering commerce solutions and strategies that drive revenue growth. Trusted by more than 300 publishers—including industry titans like Activision, Bigo, Electronic Arts, Moonton and Riot Games—Coda grows revenue and deepens customer engagement for our partners by connecting them to 200M+ paying customers worldwide. Coda's commerce, payment and distribution solutions include Custom Commerce, a fully customizable web store, Codapay, which provides direct API payments integration on publishers' websites, Codashop, the go-to online marketplace for millions of gamers worldwide to purchase in-game content and Distribution, where we extend the reach of Codashop content across our network of trusted commerce partners. Headquartered in Singapore with 400+ Codans globally, Coda has most recently been recognized as an APAC High Growth Company (2023) by the Financial Times, one of Granite Asia's NextGenTech 30 (2024), a payments leader in Fortune's Fintech Innovation Asia list (2024), and listed in The Straits Times Fastest Growing Fintechs (2024). Coda
Associated Press
30-04-2025
- Business
- Associated Press
Coda unveils ESG roadmap to drive data privacy, ethics, and sustainability
SINGAPORE - Media OutReach Newswire - 30 April 2025 - Coda, a leader in digital content monetization, today released its inaugural Environmental, Social, and Governance (ESG) Report, detailing its commitment to sustainable growth, responsible operations, and creating long-term value for its stakeholders. The report details its ESG commitments and progress to-date across three business-critical areas that align with the broader fintech and payments industry's focus. They are Data Privacy and Security, Ethics and Compliance, and Social and Labor Practices. 'We're proud to release Coda's first ESG report, a key step in our journey as a trusted global digital commerce partner,' said Shane Happach, CEO of Coda. 'From reducing carbon emissions to enhancing data security, we are taking concrete steps to build a responsible and resilient business. This is just the beginning, and we'll continue working with stakeholders to drive meaningful impact.' Key Highlights: Key Next Steps: Coda will regularly update our ESG priorities and targets to adapt to changing regulations, stakeholder needs, and new opportunities like emerging technologies. Our goal is a flexible ESG program that can respond to evolving challenges. You can access the full report here. The issuer is solely responsible for the content of this announcement. About Coda Founded in 2011, Coda brings over a decade of experience in delivering commerce solutions and strategies that drive revenue growth. Trusted by more than 300 publishers—including industry titans like Activision, Bigo, Electronic Arts, Moonton and Riot Games—Coda grows revenue and deepens customer engagement for our partners by connecting them to 200M+ paying customers worldwide. Coda's commerce, payment and distribution solutions include Custom Commerce, a fully customizable web store, Codapay, which provides direct API payments integration on publishers' websites, Codashop, the go-to online marketplace for millions of gamers worldwide to purchase in-game content and Distribution, where we extend the reach of Codashop content across our network of trusted commerce partners. Headquartered in Singapore with 400+ Codans globally, Coda has most recently been recognized as an APAC High Growth Company (2023) by the Financial Times, one of Granite Asia's NextGenTech 30 (2024), a payments leader in Fortune's Fintech Innovation Asia list (2024), and listed in The Straits Times Fastest Growing Fintechs (2024).
