Coda Payments’ series C round tops the week’s funding list

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Hello reader,

The gaming scene’s been happening.

Not only is the space one of the frontlines for cryptocurrency and blockchain development, but well-established players like Indonesia’s Bukalapak are also getting into it across the region.

It’s no wonder then that Coda Payments, a fintech firm focused on gaming and entertainment, took the top spot on our funding list this week. The Singapore-based startup raised US$690 million at a valuation of US$2.5 billion.

Image credit: Timmy Loen

You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.

Let’s dive into the biggest deals and M&As that recently took place.

— Nathaniel

The biggest deals by country

🇸🇬 Coda Payments: The gaming-focused payments startup headquartered in Singapore raised US$690 million in series C money from Government of Singapore Investment Corporation, Insight Partners, and Smash Capital.

🇮🇳 PhonePe: The India-based mobile payment app got US$297 million in strategic investment from Flipkart.

🇭🇰 FundPark: The Hong Kong-headquartered invoice and purchase order-financing platform secured US$250 million in debt financing from Cypress Capital, Goldman Sachs, and Integrated Alternative Credit Fund.

M&As

Startups that are raising funds

Killer pitch decks

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