No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 22, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Startups

After record-breaking 2024 and €45M M&A firepower, Amsterdam’s Recharge acquired by Singapore’s Coda

by TheAdviserMagazine
3 months ago
in Startups
Reading Time: 3 mins read
A A
After record-breaking 2024 and €45M M&A firepower, Amsterdam’s Recharge acquired by Singapore’s Coda
Share on FacebookShare on TwitterShare on LInkedIn


Singapore-based Coda, a global leader in digital content monetisation platform, has signed a definitive agreement to acquire Recharge, an Amsterdam-based prepaid payments platform.

The acquisition helps Coda expand beyond gaming and enhances its ability to serve a wider digital content market across different categories and regions. It increases Coda’s presence in Europe and strengthens its direct sales capabilities.

For Recharge, the deal provides valuable B2B experience, stronger partnerships with leading digital content publishers, and a solid plan for growth in fast-growing markets, especially in Asia.

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-selling and deeper market access.

Based on the 2024 figures, the combined company is expected to process over US$1.75B in sales, serve more than 200 million customers, and operate in over 180 markets, creating a strong global presence from the start.

2024: Recharge’s strongest year to date

It’s interesting to note that the Amsterdam company reported €73.6M in net revenue for 2024 — a 32 per cent increase compared to the previous year. Additionally, the company has doubled its EBITDA to €8.1M.

The Dutch company calls it the best financial year to date. 

Earlier this year, Recharge secured €45M in financing from ABN AMRO to support its mergers and acquisitions (M&A) strategy.

Leveraging the funding, the Dutch company acquired Giftcloud Limited from Groupon, Inc, back in April. 

Recharge: Prepaid payments platform

Founded in 2010 by Robin Weesie and Dirk Ueberbach, Recharge is a global prepaid payments platform offering an all-in-one digital solution.

It connects brands and consumers through secure and scalable distribution of over 16,000 products, including gift cards and prepaid solutions.

The platform helps businesses access new revenue streams while giving consumers financial control and flexibility.

“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,” says 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.”

Coda: Digital content monetisation

Coda is a provider of digital content monetisation, working with over 300 publishers such as Activision, Electronic Arts, and Riot Games to help them increase their audiences and revenue.

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 the Merchant of Record.

The company offer several services, including:

Custom Commerce: A customizable online store.Codapay: A payment system that integrates with publishers’ websites.Codashop: A marketplace for gamers to buy in-game content.Distribution: A network that helps extend the reach of content.

Founded in 2011 and based in Singapore, Coda has a team of more than 400 employees globally. The company is supported by Apis Partners, Insight Partners, and Smash Capital.

“We’ve long admired what the Recharge team has built — a profitable, consumer-focused business with top global brands and real depth across Europe,” says 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, working with the world’s leading digital publishers to maximise 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 monetisation,” adds Happach.



Source link

Tags: 45MAcquiredAmsterdamsCodafirepowerRechargerecordbreakingSingapores
ShareTweetShare
Previous Post

Quality Over Price: How South Africa’s FMCG Shoppers are Changing the Game

Next Post

Public-school students don’t have ‘supercharged right’ to be taught critical race theory, 8th Circuit says

Related Posts

edit post
Open source agentic startup LangChain hits .25B valuation

Open source agentic startup LangChain hits $1.25B valuation

by TheAdviserMagazine
October 21, 2025
0

LangChain raised $125 million at a $1.25 billion valuation, the company announced on Monday. TechCrunch reported in July that the...

edit post
The full Disrupt Stage revealed: Where the future of tech breaks first | TechCrunch

The full Disrupt Stage revealed: Where the future of tech breaks first | TechCrunch

by TheAdviserMagazine
October 21, 2025
0

The Disrupt Stage, only at TechCrunch Disrupt 2025, is where tech’s biggest bets get made, live and unfiltered. It’s where startup dreams turn into $100,000 prizes...

edit post
Germany’s Enpal secures €700M ABS facility with M&G for residential solar and heating loans

Germany’s Enpal secures €700M ABS facility with M&G for residential solar and heating loans

by TheAdviserMagazine
October 21, 2025
0

|October 21, 2025|Last update:October 21, 2025 Berlin-based Enpal partners with M&G in a €700M deal to make solar panels and...

edit post
Zurich’s Chipmind emerges from stealth with €2M to bring AI agents to chip design

Zurich’s Chipmind emerges from stealth with €2M to bring AI agents to chip design

by TheAdviserMagazine
October 21, 2025
0

Chipmind, a Zurich-based startup creating AI tools to improve microchip development, has launched after a period of stealth.ContentlockrZurich-based Chipmind, a...

edit post
Reimagining Wealth: A One-Page Plan

Reimagining Wealth: A One-Page Plan

by TheAdviserMagazine
October 21, 2025
0

This is an excerpt from YOUR MONEY: Reimagining Wealth in 101 Simple Sketches by Carl Richards. Every month, I get...

edit post
OtterMon AI Partners with York IE Labs to Pioneer the Future of Effortless Observability

OtterMon AI Partners with York IE Labs to Pioneer the Future of Effortless Observability

by TheAdviserMagazine
October 20, 2025
0

York IE, an investment and advisory firm, today announced that OtterMon AI has joined York IE Labs, the firm’s venture...

Next Post
edit post
Public-school students don’t have ‘supercharged right’ to be taught critical race theory, 8th Circuit says

Public-school students don’t have ‘supercharged right’ to be taught critical race theory, 8th Circuit says

edit post
NFTs Are Rebounding – Here’s The 10 Top Selling NFTs This Week

NFTs Are Rebounding – Here’s The 10 Top Selling NFTs This Week

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
A wish list for Carney’s fall budget

A wish list for Carney’s fall budget

0
edit post
Usa Rare Earth (USAR): Dreht die Seltene-Erden-Aktie am kritischen 25-USD-Support?

Usa Rare Earth (USAR): Dreht die Seltene-Erden-Aktie am kritischen 25-USD-Support?

0
edit post
Workers Shed Light on the Biggest Shifts in the Workplace Now

Workers Shed Light on the Biggest Shifts in the Workplace Now

0
edit post
Beyond Meat shares surge as meme traders buy stock

Beyond Meat shares surge as meme traders buy stock

0
edit post
Where Will It Be in 1 Year (Oct 22)

Where Will It Be in 1 Year (Oct 22)

0
edit post
Willing to pay extra to build resilience in our supply chains: Piyush Goyal

Willing to pay extra to build resilience in our supply chains: Piyush Goyal

0
edit post
Usa Rare Earth (USAR): Dreht die Seltene-Erden-Aktie am kritischen 25-USD-Support?

Usa Rare Earth (USAR): Dreht die Seltene-Erden-Aktie am kritischen 25-USD-Support?

October 22, 2025
edit post
Beyond Meat shares surge as meme traders buy stock

Beyond Meat shares surge as meme traders buy stock

October 22, 2025
edit post
Where Will It Be in 1 Year (Oct 22)

Where Will It Be in 1 Year (Oct 22)

October 22, 2025
edit post
Willing to pay extra to build resilience in our supply chains: Piyush Goyal

Willing to pay extra to build resilience in our supply chains: Piyush Goyal

October 22, 2025
edit post
Workers Shed Light on the Biggest Shifts in the Workplace Now

Workers Shed Light on the Biggest Shifts in the Workplace Now

October 22, 2025
edit post
The U.S. government shutdown means investors are flying blind when it comes to high-quality data—and they like it that way

The U.S. government shutdown means investors are flying blind when it comes to high-quality data—and they like it that way

October 22, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Usa Rare Earth (USAR): Dreht die Seltene-Erden-Aktie am kritischen 25-USD-Support?
  • Beyond Meat shares surge as meme traders buy stock
  • Where Will It Be in 1 Year (Oct 22)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.