6 years ago
Checkout.com Secures $230 Million in Series A Funding Led by Insight Partners and DST Global
Checkout.com, a London-based payment solutions provider, secured $230 million in Series A funding led by Insight Partners and DST Global
Other investors include GIC, Blossom Capital, and Endeavor Catalyst
The company will use the funding to expand its operations in Europe, the US, and the Middle East, and to further expand into Asia and Latin America
Checkout.com provides fintech companies with a cross-border payment solution for digital commerce.
ProblemFinancial Services
"It is difficult for fintech companies to process payments in multiple countries, especially when dealing with different currencies and payment methods. This can be a huge headache for businesses who are trying to expand internationally."
Solution
"Checkout.com provides a single platform for all payment processing needs, allowing businesses to accept payments in multiple currencies and through different payment methods. This includes all major credit and debit cards, online banking, PayPal, Apple Pay and other eWallets."