Checkout.com Triples Valuation with New Funding Round

Checkout.com has raised a $150mn series B round which triples their valuation to $5.5bn; the round was led by Coatue, along with participation from existing investors Insight Partners, DST Global, Blossom Capital, and Singapore’s Sovereign Wealth Fund, GIC; the company said transaction volume was up 250 percent since May 2019; Guillaume Pousaz, CEO and Founder of Checkout.com, said to AltFi, “At Checkout.com, we’ve built a technical architecture that enables pioneers to reinvent industries and redefine their relationship with consumers. Now more than ever, we are confident of our mission to build the connected payments that businesses deserve.”; Checkout.com has added more than 500 partners in the last 12 months including Revolut, Robinhood and Klarna. AltFi.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments