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Checkout.com Triples Valuation to $15 Billion With $450 Million Funding | Fintech Schweiz Digital Finance News – FintechNewsCH

Checkout.com, a London-based payments solutions provider, announced that it closed a $450 million Series C fundraising round giving it a post-money valuation of $15 billion.
The Series C was led by Tiger Global Management, LLC, a New York-based technology investor. Greenoaks Capital also joined the round along with participation from existing investors Insight Partners, DST Global, Coatue Management, Blossom Capital, Endeavor Catalyst, and Singapore’s Sovereign Wealth Fund GIC.
While Checkout.com‘s profits from current operations will continue to be reinvested to power future growth, the new funding will be used to further grow its balance sheet and drive new innovative opportunities. ....

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Checkout.com triples valuation to $15bln with $450mln Series C

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Checkout.com Triples Valuation to $15bn with $450m Series C Fundraise, Accelerating Global Expansion

Checkout.com Triples Valuation to $15bn with $450m Series C Fundraise, Accelerating Global Expansion
NEW YORK, Jan. 12, 2021 /PRNewswire/ Checkout.com, the leading Connected Payments solutions provider, today announced that it closed a $450 million Series C fundraising round. This gives the business a post-money valuation of $15 billion, making it the fourth largest fintech globally and EMEA s most valuable venture-backed business
(1), as the business continues to expand across the globe.
The Series C was led by Tiger Global Management, LLC, a New York-based technology investor that partners with dynamic entrepreneurs operating market-leading growth companies, including Facebook, LinkedIn, Spotify, ByteDance, and JD.com. Greenoaks Capital also joined the round along with participation from existing investors Insight Partners, DST Global, Coatue Management, Blossom Capital, Endeavor Catalyst, and Singapore s Sovereign Wealth Fund GIC. ....

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