Appcharge Secures $26M to Revolutionize Mobile Game Monetization
The Series A funding will help the direct-to-consumer platform expand its tools for game developers seeking alternatives to traditional app store revenue models.
- Appcharge raised $26 million in its Series A round, led by Creandum, with participation from Supercell, Bitkraft Ventures, Moneta Ventures, and others.
- The platform enables mobile game developers to sell virtual goods directly to players through custom-branded web stores and payment systems, bypassing app store fees.
- Appcharge plans to use the funding to scale its offerings, which include support for 500 payment methods and 80 currencies, and to enhance analytics tools with machine learning capabilities.
- The company positions itself as a 'Shopify for gaming,' helping developers increase revenue, improve user retention, and build stronger connections with players.
- The funding comes as regulatory pressures on app store monopolies grow and developers face rising user acquisition costs, driving demand for direct-to-consumer solutions.