Crypto News
| Published On Jan 13, 2022 9:46 am CET | By Peter Siu

Checkout.com Valued at $40Billion After Series D Funding Round

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Global payments firm Checkout.com shared a $40 billion company valuation after completion of a $1 billion Series D funding round on Wednesday. So far the company has raised a total of $1.8 billion to date.

The latest round saw participation from Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, the Oxford Endowment Fund and more.

The U.K.-based will use the new liquidity to expand its operations in the U.S. market, improve its payment platform and “strengthen leadership in Web3,” according to the announcement.

Checkout.com founder and CEO, Guillaume Pousaz said:

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“At our core, we help enterprise merchants to navigate the complexity of moving money around the world, whether in fiat currency or bridging the gap to Web3.”

Checkout’s partners with a number of large ecommerce and services merchants such as Netflix, Pizza Hut and Sony. It also plays an important role in the operations of large crypto players, including Coinbase, Crypto.com, FTX and MoonPay.

Checkout.com has grown rapidly in the past year having opened new offices in six countries across four continents. It also expanded its executive leadership team in the US and Europe while growing its total headcount to more than 1700 people in 19 countries.

Peter Siu

Peter is a former poker-pro, turned crypto enthusiast with 8+ years’ experience in operational roles dealing with all online gaming verticals within large iGaming companies, including Flutter and Entain. Now an expert in the field of Sports Betting, Casino, iGaming, and Poker, he is our team leader and editor. When not working, Peter can be found in the gym or playing sports like football, tennis and more recently padel.

Tags: Payments