# Coda welcomes Bombay High Court judgment in its favor

- Link: https://www.thailand-business-news.com/pr-news/coda-welcomes-bombay-high-court-judgment-in-its-favor
- Published: 2026-09-09T07:37:00+07:00
- Author: PR Newswire

SINGAPORE, Sept. 8, 2026 /PRNewswire/ — Coda welcomed the Bombay High Court’s judgment
on 2 September 2026 allowing the appeal by Coda Payments India and setting aside
the orders that had kept its bank accounts and payment accounts frozen.

The judgment is a significant and positive outcome for Coda. We have been clear 
and consistent in our position throughout the proceedings and welcome the Court’s
decision.

Coda has cooperated fully with the relevant authorities and respects the legal process.
We now look forward to the judgment being implemented expeditiously and in full.

Coda remains committed to meeting all applicable legal and regulatory requirements
in every market in which it operates.

The Bombay High Court’s judgment relates to the freeze on Coda Payments India’s 
bank accounts and payment accounts. Other related proceedings remain ongoing.

**About Coda**

[Coda](http://coda.co/) is a global leader in monetization, distribution, and commerce,
trusted by the biggest names in gaming, entertainment, and technology, including
Activision, Electronic Arts, Riot Games, Ubisoft, and Moonton. Founded in 2011 and
headquartered in Singapore, Coda operates with 670+ employees worldwide, with core
hubs in Asia and Europe. Coda combines payments, commerce, distribution, and rewards
to drive global revenue growth for brands and publishers.

Coda’s products include [Codapay](https://www.coda.co/product/codapay/), which provides
access to 400+ payment methods across 80+ markets through a single API integration;
[Coda Webstore](https://www.coda.co/product/codapay/), which powers fully customized
direct-to-consumer storefronts; Coda Consumer Platforms, including [Codashop](http://www.codashop.com/),
[Recharge.com](http://recharge.com/), and [Startselect.com](http://startselect.com/);
[Coda Distribution](https://www.coda.co/product/distribution/), which extends reach
through a network of commerce partners; and [Giftcloud](https://www.giftcloud.com/),
a UK-based rewards business serving enterprise customers across Europe.

Coda is backed by Apis Partners, Insight Partners, Smash Capital, and GIC, and has
been named an [APAC High Growth Company](https://www.ft.com/high-growth-asia-pacific-ranking-2023)(
2023) by Financial Times, one of Granite Asia’s [NextGenTech 30](https://nextgen.graniteasia.com/honourees-2024/)(
2024), a payments leader on [Fortune’s Fintech Innovation Asia](https://fortune.com/asia/ranking/fintech-innovators-asia/2024/)
list (2024), and listed among The Straits Times [Fastest Growing Fintechs](https://www.straitstimes.com/multimedia/graphics/2024/01/fastest-growing-companies-2024/index.html?shell)(
2024). For more on Coda, visit [coda.co](http://coda.co/).

**Press ContactCoda:Liz Adam
VP, Corporate Affairs[liz.adam@coda.co](https://www.thailand-business-news.com/pr-news/liz.adam@coda.co)

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