What is Checkout.com?
Founded in 2012 and headquartered in London, United Kingdom, Checkout.com operates as an API-based platform dedicated to providing advanced online payment solutions. The company's core offering is designed to streamline and enhance the user's checkout experience, making online transactions more efficient and secure. Checkout.com's strategic approach to payment processing has positioned it as a key player in the fintech sector, facilitating seamless digital commerce for businesses globally.
How much funding has Checkout.com raised?
Checkout.com has raised a total of $1.8B across 4 funding rounds:
Series A
$230M
Series B
$150M
Series C
$450M
Series D
$1B
Series A (2019): $230M with participation from Insight Partners, DST Global, and GIC
Series B (2020): $150M led by Insight Partners, Singapore’s Sovereign Wealth Fund, Blossom Capital, DST Global, GIC, and Coatue
Series C (2021): $450M supported by TriplePoint Venture Growth BDC and GREENOAKS
Series D (2022): $1B featuring Dragoneer Investment Group, Altimeter Group, Coatue, Insight Partners, DST Global, Ribbit Capital, GIC, Tiger Global Management, Endeavor Catalyst, Franklin Templeton, and Blossom Capital
Key Investors in Checkout.com
Dragoneer Investment Group
Founded in 2012 and headquartered in San Fransisco, California, Dragoneer Investment Group is a company that provides investment services to both public and private clients, focusing on growth-stage technology companies.
Altimeter Group
Altimeter Group is a research and advisory firm specializing in technology and digital transformation, providing insights and strategic guidance to businesses navigating the evolving digital landscape.
Coatue
Coatue Management, L.L.C. is an investment firm that invests in public and private equity, with a focus on technology and growth companies, known for its active engagement with portfolio companies.
What's next for Checkout.com?
The substantial enterprise-level funding secured by Checkout.com indicates a strategic phase of scaling and market penetration. This capital infusion is expected to fuel further technological development, expansion into new geographic regions, and enhancement of its service offerings. The company is poised to leverage this investment to solidify its competitive advantage and drive innovation in the global payments landscape, aiming to capture a larger share of the rapidly growing e-commerce market.
See full Checkout.com company page
