# Checkout

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/checkout

- Industry: Software
- Headquarters: London, UK
- Website: www.checkout.com
- Total disclosed funding: $1.8B
- Latest round: Series D (Jan 12, 2022)
- Investors on record: 14

## About

Checkout Ltd is a payment processing company that provides a unified API for businesses to manage transactions, including card payments, digital wallets, and bank transfers, enabling seamless financial operations across various platforms.Founded in 2012 in London, UK, Checkout Ltd specializes in payment processing solutions for businesses. The company has raised a total of USD 1 billion across multiple funding rounds, with its most recent funding being a Series D round in January 2022. The firm was co-founded by Anjli Amin and Guillaume Pousaz, with Amin also serving as CEO. Checkout Ltd operates globally, with a focus on regions including the UK, the United States, and several Asia-Pacific countries. Its expansion strategy and technological development are supported by significant investment from various financial institutions, including Altimeter Capital Management and Qatar Investment Authority.Checkout.com offers a comprehensive suite of payment solutions designed for businesses worldwide. Its core offering includes a unified payments API that facilitates payment processing, enabling businesses to accept various methods like cards, digital wallets, and bank transfers. The platform is tailored to enhance transaction acceptance rates and streamline financial operations, serving a diverse client base from e-commerce to fintech across key markets such as the UK, Norway, Spain, and the United States.In the most recent year, Checkout.com reported a revenue of USD 246.26 mn, with an EBITDA loss of USD 101.21 mn for 2022. The company's revenue model is based on transaction fees from payment processing services provided to clients, which includes various pricing plans based on transaction volumes and additional service offerings.Following its Series D funding round in January 2022, where Checkout Ltd raised USD 1 billion, the company plans to utilize this capital to expand its presence in the US market and to further develop its proprietary technology platform. The growth strategy includes launching new products aimed at enhancing its service offerings and penetrating additional geographic markets, with specific targets in North America and continued expansion in the Asia-Pacific region.

## Funding rounds

- Series D, Jan 12, 2022, $1B — Insight Partners, GIC, Qatar Investment Authority, Oxford University Endowment Management, Tiger Global Management, Coatue Management, DST Global, Endeavor Catalyst, Ribbit Capital, Altimeter Capital, Franklin Templeton, Dragoneer Investment Group, Blossom
- Series C, Jan 11, 2021, $450M — Insight Partners, GIC, Tiger Global Management, Greenoaks Capital, Coatue Management, DST Global, Endeavor Catalyst, Blossom
- Series B, Jun 22, 2020, $150M — Insight Partners, GIC, Coatue Management, DST Global, Endeavor Catalyst, Blossom
- Series A, May 2, 2019, $230M — Insight Partners, GIC, DST Global, Endeavor Catalyst, Blossom

## Investors

- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A, Series B, Series C, Series D
- GIC — Series A, Series B, Series C, Series D
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series A, Series B, Series C, Series D
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series A, Series B, Series C, Series D
- Blossom (https://capitalatlas.ai/funds/blossom) — Series A, Series B, Series C, Series D
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series B, Series C, Series D
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C, Series D
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series C
- Qatar Investment Authority (https://capitalatlas.ai/funds/qatar-investment-authority) — Series D
- Oxford University Endowment Management — Series D
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series D
- Altimeter Capital (https://capitalatlas.ai/funds/altimeter-capital) — Series D
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series D
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series D