Coda Payments, the leading provider of cross-border payments and distribution solutions for digital content, announced its acquisition of mobile esports platform BAASH from the developer CAPSL Entertainment Ltd. This will allow Coda to expand its existing suite of gaming products and solutions, including its global marketplace for digital gaming content, Codashop, and its fast-growing esports platform Codashop Global Series (CGS).
“When we developed BAASH, we created it with the goal to drive authentic mobile esports competitions and delight competitive grassroots players,” said Paddy Markham, Founder of CAPSL Entertainment Ltd. “We are excited to join the Coda team as it allows BAASH to reach a global audience of enthusiastic gamers, who rely on Coda daily, to level up their gaming experiences.”
BAASH is an industry-leading mobile experience that allows users to create esports tournaments, participate in thousands of competitions, and discover a community of like-minded gaming fans. The acquisition and integration of BAASH will allow Coda to scale and better serve gamers who seek to participate in CGS esports events.
Coda is headquartered in Singapore with dozens of additional outposts around the world. It is backed by Apis Partners and GMO Global Payment Fund. Coda was recently named the 28th fastest-growing company in the Asia-Pacific region by The Financial Times (and the second-fastest-growing fintech in the region), the 8th fastest growing company in Singapore by The Straits Times, and a Technology Pioneer by the World Economic Forum.
(All information was provided by Cision PR Newswire)