Series D+12 January 2022

Checkout.com secures £730m in Series D funding to support US growth and Web3 initiatives.

The $1bn financing round was supported by a consortium of global investors led by firms such as Altimeter and GIC.

£730MSeries D+

Checkout.com offers a full-stack online platform that simplifies payment processes for large global enterprise merchants. The company provides cloud-based payment solutions connected directly to local networks in key geographies.

Checkout.com has secured $1bn in a Series D funding round at a valuation of $40bn. The investment was backed by a group of primary participants including Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, Tiger Global, the Oxford Endowment Fund, and a west coast mutual fund manager, alongside existing investors.

The capital will support three primary initiatives: expanding operations in the United States, launching marketplace solutions, and strengthening the company's market position in Web3 technologies. The transaction follows a period of rapid growth and profitability for the payments processor.

From the founder

"At our core, we help enterprise merchants to navigate the complexity of moving money around the world, whether in fiat currency or bridging the gap to Web3,"

Guillaume Pousaz

Founder and CEO at Checkout.com

Investor perspective

"Checkout.com is a leader in the massive market for next-gen payment solutions and the key digital payments partner for many of the world’s leading companies. As a long-term investor, we are impressed by the company’s product innovation and customer-centric approach,"

Choo Cheen

Chief Investment Officer of Private Equity, GIC