Checkout.com, specialized in online payments, raises $1 billion and sees its valuation rise to $40 billion. The young start-up becomes one of the world's best-valued fintechs, overtaking Revolut. We take a closer look at this British unicorn, a major player in online payments.
Discover the world of Checkout.com
Founded in 2012, by Guillaume Pousaz, Checkout.com came into being at a time when online payments were booming. Convinced that technology could revolutionize the customer experience in the world of payments, Checkout.com set out on a mission to simplify financial transactions for businesses worldwide.
With a team of experts passionate about technology and customer service, Checkout.com has designed a cutting-edge online payment platform. With real-time international payment processing capabilities, advanced data analysis tools and customizable functionalities, the company offers a flexible, tailor-made solution to meet the specific needs of each customer.
From dream to reality: the meteoric rise of Checkout.com
From its modest beginnings, Checkout.com has experienced phenomenal growth. Thanks to its focus on performance and innovation, the company has quickly attracted the attention of major corporations and start-ups worldwide. In just ten years, the payment platform has become a key player in the online payments market.
Today, its customers include companies such as Netflix, Pizza Hut, Siemens, Sony and even Alibaba. All have placed their trust in Checkout.com to manage their financial transactions.
By focusing on the continuous improvement of its services, Checkout.com has succeeded in building customer loyalty and creating a community of satisfied users. To meet ever-increasing demand, the fintech now employs over 1,700 people in 19 offices worldwide.
A $1 billion fundraising campaign
In January 2022, the company raised a record $1 billion. The main investors in this gigantic fund-raising are : Insight Partners, Qatar Investment Authority and Tiger Global.
This funding round will enable the company to finance its expansion in the US market, the launch of services for marketplaces and the reinforcement of Web 3.0. An effective way of strengthening its position in the global online payments market.
The fund-raising enabled Checkout.com to reach a valuation of $40 billion! This is one of the highest valuations in the fintech world. This performance testifies to the relevance of its offering and its ability to seize opportunities in a constantly evolving sector.
Checkout.com : key information
Number of employees to date
In 2022, the company will have over 1,700 employees in 19 offices worldwide.
Sales figures
In 2020, Checkout.com's sales rose by 73% to $252 million.
Going public
Checkout.com is not yet listed on the stock exchange, and has not expressed any interest in going public.
Scalability
Thanks to its state-of-the-art online payment platform, the company can adapt quickly to growing demand, offering a seamless, fluid customer experience. This agility has enabled it to become a key player in the online payment sector.
Mantra/Citation CEO
"International payments are complex and constantly evolving. That's why we've developed the technology and expertise to help you succeed - one transaction at a time." - Guillaume Pousaz, founder of Checkout.com.
