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Checkout.com raises USD 450 mln in Series C funding round

Tuesday 12 January 2021 13:31 CET | News

UK-based payments company Checkout.com has announced that it has raised USD 450 million in a Series C investment round led by Tiger Global Management, bringing its valuation to USD 15 billion.

According to CNBC, Checkout.com’s platform integrates electronic payments, analytics, and fraud monitoring. The company processes payments for clients such as Pizza Hut, H&M, and Farfetch, as well as fintechs like Coinbase, Klarna, and Revolut.

The company informed that it plans to further expand in the US with a newly opened office in New York and another office set to open in Denver. The firm currently has 1000 staff worldwide and expects to hire another 700 people this year.


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Keywords: Checkout.com, funding round, Series C, electronic payments, fraud monitoring
Categories: Payments & Commerce | Online Payments
Countries: United Kingdom
This article is part of category

Payments & Commerce