Paul Leishman is a co-founder of Coda Payments Pte. Ltd., a Singapore company that handles digital goods payments for games and apps. He founded it in 2011 with Neil Davidson.
The problem was simple. In 2011 most people in much of Asia had no credit card, yet game publishers wanted them as customers. Coda built payment channels around what players did have: mobile airtime, convenience-store vouchers, bank transfers and e-wallets. Each country needed its own partners and its own rules.
Coda raised a Series A in December 2013. In 2016 it added bitcoin payment processing for merchants in Southeast Asia, under the name Codapay, and took a small round of about $2 million. In February 2023 Shane Happach became chief executive and Neil Davidson moved to executive chairman. In 2025 Coda acquired Recharge, a European prepaid payments platform.
By 2025 Coda worked with more than 300 publishers, ran over 400 payment channels, counted more than 120 million active users and employed over 600 people in 20 or more locations. The company is privately held.