Tuesday, April 16

Tag: checkout.com funding

Payment startup Checkout.com valuation triples to $5.5bn
FUNDING

Payment startup Checkout.com valuation triples to $5.5bn

22nd June 2020, London– Leading global payment solution provider Checkout.com becomes one of the most valuable fintechs globally raises $150m in Series B funding round. Tripling the valuation to $5.5bn reflects a growing business demand for transformative online payment solutions that perform across all geographies and channels. Checkout.com’s online transaction numbers had already increased by 250% comparing May ‘19 and May ‘20. With an exclusive focus on online payments, global lockdowns have further accelerated Checkout.com’s growth as businesses have rapidly pivoted online. The Series B funding was led by Coatue, along with participation from existing investors, including Insight Partners, DST Global, Blossom Capital, and Singapore’s Sovereign Wealth Fund, GIC. Checkout...
Checkout.com Raises $230m in Series A funding
FUNDING

Checkout.com Raises $230m in Series A funding

3rd May 2019, London-- Checkout.com, the global payment solutions provider has raised $230m in what is Europe’s largest fintech Series A round ever, and globally the third largest fintech Series A round of all time. The investment round was led by growth investors Insight Partners and DST Global. Singapore’s sovereign wealth fund GIC, Blossom Capital, Endeavor Catalyst and other strategic investors are also participating in the round. Checkout.com will use the funding to continue its rapid growth in Europe, the US, and the Middle East, with further expansion into Asia and Latin America. The fintech platform is the seven year old UK business, which is transforming the world of digital commerce by providing merchants with a solution that enables payments across all geographies and...