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Payment Processor Checkout.com Closes $1 Billion Series D, Eyes Expansion Into Web3 Space
Summary: London-based global payment processor Checkout.com today announced a $1 billion Series D funding round at a $40 billion valuation, bringing its total funding to date to $1.8 billion. Key investors include Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, Qatar Investment Authority, Tiger Global, the Oxford Endowment, etc. The new funding will go forward to three ...
London-based global payment processor Checkout.com today announced a $1 billion Series D funding round at a $40 billion valuation, bringing its total funding to date to $1.8 billion.
Key investors include Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, Qatar Investment Authority, Tiger Global, the Oxford Endowment, etc.
The new funding will go forward to three key areas: U.S. market growth, the launch of market solutions, and strengthening leadership in the Web3 space. Checkout.com's clients include traditional giants like Netflix, Pizza Hut, Sony, its modular products and platform are also used by well-known crypto companies such as Coinbase, Crypto.com, Socios.com, FTX, and more. Additionally, the company is privately testing an innovative solution to settle transactions for merchants using digital currency.
By Mary Liu
Tags: Altimeter,Checkout.com,Dragoneer,Franklin Templeton,Web3
Link: Payment Processor Checkout.com Closes $1 Billion Series D, Eyes Expansion Into Web3 Space [Copy]
