Checkout.com triples valuation to $15 billion with a new funding round - News Summed Up

Checkout.com triples valuation to $15 billion with a new funding round


Share WhatsApp Email 1 SharesLondon-headquartered fintech Checkout.com that enables merchants of different sizes to accept online payments has hit a $15 billion valuation (post-money) in its latest funding round, it announced in a statement today. The company that has a significant presence in the Middle East & North Africa has raised $450 million in a Series C round. It comes just seven months after the company was valued at $5.5 billion in a $150 million Series B. With its latest valuation, Checkout.com claims to have become the fourth-largest (valuable) fintech globally and EMEA’s most valuable venture-backed business. In the Middle East & North Africa, Checkout.com is serving clients in the entire GCC and Egypt from its Dubai office.


Source: The North Africa Journal January 12, 2021 08:26 UTC



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