BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  Coda: From ‘App Tax’ Avoidance to Processing ~$2B Yearly

Coda: From ‘App Tax’ Avoidance to Processing ~$2B Yearly

Shane Happach, CEO, Coda

29-Oct-25 10:00

Coda: From ‘App Tax’ Avoidance to Processing ~$2B Yearly

What started as a way for game publishers to escape the ‘app tax’ has evolved into a global monetisation and distribution platform. Fresh from acquiring its European counterpart Recharge, Coda now processes nearly $2 billion in commerce annually.

CEO Shane Happach, the company's first non-founder CEO, joins us to discuss this new chapter. He shares his mantra of "profitable global growth," the strategy behind the Recharge acquisition, and how Coda is expanding beyond gaming to help any digital business abstract the complexity of global payments and distribution.

We discuss:

  • The evolution from a payments provider to a full-stack monetisation platform.

  • The strategy behind the acquisition of Recharge and their European expansion.

  • Their ‘profitable global growth’ mantra and future M&A outlook.

  • How regulatory tailwinds are opening up app ecosystems for third-party payments.

  • Their plans for geographic expansion into markets like Brazil and Japan.

This episode of Open For Business is powered by PETRONAS SmartPay, the simpler and better solution for all your business needs.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  technologygamingentrepreneurssponsored content

Tags:  fintechdigital paymentsm&aacquisitionsB2B SaaSglobal expansionpetronassmartpay





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) For the last decade, Qualgro has quietly focused on the "boring back end of the internet", B2B software, data, and AI. General Partner Weisheng Neo joins us to explain why this approach is paying off.

12:00 PM

Popcorn Culture

(REPEAT) We review Noah Baumbach's Jay Kelly, which stars Adam Sandler and George Clooney.

1:00 PM

Cruise Control

(REPEAT) Suzuki returns to Malaysia with the Fronx, a compact crossover that's pretty solid. But what's the catch? Daniel Fernandez shares his thoughts.

2:00 PM

Matt-Splained

(REPEAT) We look back at some of the incredible and amazing breakthroughs in science we’ve seen in 2025.

3:00 PM

Earth Matters

(REPEAT) Selangor’s proposed Batu Arang waste-to-energy incinerator has sparked major community concern. Two residents explain the risks, the lack of official response, and why safer alternatives are needed.

4:00 PM

Bar None

(REPEAT) Aftar Singh, sports journalist at the New Straits Times join us to talk about our hockey team, the Speedy Tigers and how they're doing at the moment.

5:00 PM

BBC World Service

How do you separate fact from fiction when it comes to food? This episode of The Food Chain finds the answer.