Checkout.com
Checkout.com is a financial technology company headquartered in London, United Kingdom. It provides payment processing services, operating as a payment gateway, acquirer, and processor for enterprise clients in sectors such as e-commerce, technology, and media. In 2022, It had a valuation of $40 billion making it the most valuable European fintech startup. Its clients include Netflix, eBay, Klarna, DocuSign, Uber Eats, Pinterest, Vinted, and ASOS.
History
Checkout.com was founded in 2009 as Opus Payments by Swiss national Guillaume Pousaz in Singapore as an authorized payment institution.In 2013, Checkout.com became a member of Visa and Mastercard, and later developed partnerships with alternative payment providers, including Alipay and WeChat.
In 2014, it became the principal member of Union Pay, Diners, and Discover. In 2015, it became the global acquirer of American Express. The company launched a proprietary authorization and clearing platform in 2016. In 2017, it became a member of JCB and an authorized electronic money institution in the UK.
In 2018, the company joined London & Partners' Mayor's International Business Programme. In 2019, the company received a $230 million Series A funding round led by Insight Partners and DST Global. After additional funding rounds, the company's valuation increased to $15 billion by June 2020. It raised $150 million in a Series B funding round to support its U.S. expansion and the acquisitions of ProcessOut In May 2020, it acquired Australian company Pin Payments, to expand into the Australian and New Zealand markets.
In 2021, it raised $450 million in a Series C funding round, acquired software development firm Icefire and launched Payouts to cards and bank accounts.
In January 2022, the company announced a $1 billion funding round, surpassing the value of competitors such as Revolut and Wise at a $40 billion evaluation. Investors included the Qatar Investment Authority and Tiger Global Management, Altimeter, Dragoneer, Franklin Templeton, GIC, and the Oxford Endowment Fund. The company achieved profitability in 2024 with 45% revenue growth in its core business segments. The company has stated targets of 30% growth for 2025 while maintaining profitability. The company used the capital to invest in Web3 applications. In May 2022, Checkout.com acquired French startup Ubble, which provides a remote identity verification service.
In 2023, Checkout.com received processing certification in Saudi Arabia and attained principal membership status in Japan and the UAE. The company also introduced Issuing and Intelligent Acceptance products.
In 2024, Checkout.com partnered with the Merchant Risk Council to offer educational resources on payment fraud. Additionally that year, it also became a direct acquirer in Japan and launched several additional products, including Standalone Vault, Forward API, and Flow. It also launched Payouts, allowing merchants to transact globally.
In 2025, Checkout.com opened an office in San Francisco and launched direct acquiring capabilities in Canada.