What is Checkout.com?
Founded in 2012 and headquartered in London, United Kingdom, Checkout.com operates as an API-based platform dedicated to enhancing the online checkout experience for businesses. The company provides comprehensive payment solutions, enabling seamless transactions for a global clientele. Its innovative approach to payment processing has positioned it as a key player in the rapidly evolving fintech landscape, facilitating digital commerce for a diverse range of industries.
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 DST Global, GIC, and Insight Partners
Series B (2020): $150M led by GIC, Blossom Capital, Coatue, Insight Partners, DST Global, and Singapore’s Sovereign Wealth Fund
Series C (2021): $450M supported by GREENOAKS and TriplePoint Venture Growth BDC
Series D (2022): $1B featuring DST Global, Altimeter Group, GIC, Dragoneer Investment Group, Franklin Templeton, Coatue, Insight Partners, Blossom Capital, Endeavor Catalyst, Ribbit Capital, and Tiger Global Management
Key Investors in Checkout.com
DST Global
DST Global is a prominent investment group with a primary focus on internet and internet-related companies, known for its significant backing of market leaders.
GIC
GIC is Singapore's sovereign wealth fund, managing the nation's foreign reserves through diverse investments across public and private markets globally.
Insight Partners
Insight Partners is a global venture capital and private equity firm specializing in high-growth software and technology companies, offering both capital and operational support.
What's next for Checkout.com?
The recent major strategic investment in Checkout.com signals a strong confidence from its backers in the company's future expansion and technological advancements. This influx of capital is expected to fuel further innovation in its payment processing capabilities, potentially enabling expansion into new markets and the development of advanced fraud prevention and data analytics tools. The company's trajectory suggests a continued focus on scaling its operations and solidifying its position as a leader in the global payment infrastructure.
See full Checkout.com company page
