Coda Strengthens Global Reach with Acquisition of European Payments Platform Recharge
New York, NY – July 17, 2025 – Coda, a leading provider of digital payment solutions, announced today its strategic acquisition of Recharge, a prominent European payments platform. This significant move marks a pivotal step in Coda’s accelerated global expansion strategy, significantly enhancing its presence and capabilities across the European market. The announcement was made via a press release published by PR Newswire Telecommunications on July 17, 2025.
The acquisition of Recharge, a company recognized for its robust payment processing infrastructure and extensive network within Europe, is expected to bolster Coda’s ability to serve a broader range of businesses and consumers across the continent. By integrating Recharge’s established operations and technology, Coda aims to streamline cross-border transactions, offer more localized payment options, and ultimately deliver a more seamless and comprehensive payment experience to its growing customer base.
“We are delighted to welcome Recharge into the Coda family,” said [Name and Title of Coda Executive, if available in the original release]. “This acquisition represents a significant milestone in our mission to provide accessible and efficient payment solutions worldwide. Recharge’s deep understanding of the European market and its strong operational foundation make them an ideal partner as we continue to expand our global footprint. Together, we will be able to offer even greater value to our clients and drive innovation in the digital payments space.”
The integration of Recharge is anticipated to bring a host of benefits, including the expansion of Coda’s payment gateway services into new European territories, the introduction of new payment methods tailored to local preferences, and the leveraging of Recharge’s existing relationships with merchants and financial institutions. This strategic move underscores Coda’s commitment to meeting the evolving needs of the global digital economy and its dedication to simplifying payments for businesses and individuals alike.
The financial terms of the acquisition were not disclosed. Coda anticipates a smooth integration process, with a focus on preserving the strengths of both organizations while synergizing their operations to create a more powerful and unified entity. This acquisition is poised to solidify Coda’s position as a key player in the international payments landscape, paving the way for future growth and innovation.
Coda Accelerates Global Expansion with Acquisition of European Payments Platform Recharge
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PR Newswire Telecommunications published ‘Coda Accelerates Global Expansion with Acquisition of European Payments Platform Recharge’ at 2025-07-17 00:30. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.