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Mobile games sales platform Appcharge raises $58m

Appcharge, an Israeli company specializing in direct-to-consumer platforms for mobile game publishers, has secured $58 million in a new funding round led by IVP. The investment brings Appcharge's total funding to $89 million and will be used to expand its platform and introduce new products to meet global demand. The company has experienced rapid growth, processing over $500 million in transactions and achieving a fourteen-fold year-over-year increase. Appcharge's solutions enable publishers to own player relationships, resulting in higher retention and profits, and its latest funding follows the launch of new products aimed at further empowering publishers to adopt direct-to-consumer models.

Original article source: https://en.globes.co.il/en/article-mobile-games-sales-platform-appcharge-raises-58m-1001518872
Source Id: 8813736181

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