6 years ago

Checkout Raises $230 Million in Series A Funding

  • Checkout, a London-based digital payments processing company, has raised $230 million in Series A funding at a valuation just shy of $2 billion

  • The funding was co-led by Insight Partners and DST Global

  • Other participants include GIC, the Singaporean sovereign-wealth fund; Blossom Capital; Endeavor Catalyst; and other, unnamed strategic investors

  • Checkout helps businesses accept a range of payment types across their online stores around the world

  • It generated $46.8 million in gross revenue and $6.7 million in profit in 2017.

      • ProblemFinancial Services

      "Businesses struggle to accept a variety of payment types across their online stores around the world."

      Solution

      "Checkout provides a platform for businesses to accept a range of payment types across their online stores around the world."

      Covered on