Checkout.com Completes New Funding Round

Checkout.com Completes New Funding Round

June 25, 2020

Payment solution provider Checkout.com recently announced a $150 million Series B funding round. The firm says this latest round triples the value of the business. 

“The $5.5 billion valuation reflects a growing business demand for transformative online payment solutions that perform across all geographies and channels,” said Checkout.com in a statement. 

The Series B funding was led by Coatue, along with participation from existing investors, including Insight Partners, DST Global, Blossom Capital, Endeavor Catalyst, and Singapore’s Sovereign Wealth Fund, GIC. 

Checkout.com officials noted they service more than 500 merchants including Grab, Revolut, Careem, Glovo, Robinhood, Farfetch, Klarna and Remitly. 

“The $5.5 billion valuation reflects a growing business demand for transformative online payment solutions that perform across all geographies and channels”

Previous-Article-CNP  Next-Article-CNP

Friction, Fraud & Trust: How to Meet Modern Consumers' Digital Demands

 

  • Share this Article:
Joan Goodchild

Lastest Fraud News