4 years ago

Checkout.com Secures $1 Billion, Becoming UK's Most Valuable Fintech

  • Checkout.com, a London-based payments company, has raised $1 billion in a Series D funding round, valuing the company at $40 billion

  • The investment makes Checkout.com the UK's most valuable private fintech company

  • The company plans to use the funds to expand in the US market, launch new marketplace solutions, and strengthen its presence in the Web3 space

  • Checkout.com's technology is used by a wide range of merchants, including Netflix, Pizza Hut, Klarna, and Revolut, as well as cryptocurrency firms like Coinbase and Crypto.com.

      • ProblemFinancial Services

      "Businesses struggle with the complexities and costs of processing online payments across different countries and currencies, especially as technology evolves."

      Solution

      "Checkout.com provides a unified global payment platform that simplifies online transactions, making it easier for businesses to accept payments in multiple currencies and navigate the transition to Web3 technologies."

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