Company:Checkout.com

From HandWiki
Checkout Ltd.
FormerlyOpus Payments
TypePrivate
Founded2009; 17 years ago (2009) (Rebranded in 2012)
FounderGuillaume Pousaz
Headquarters
London
,
United Kingdom
Key people
Guillaume Pousaz (CEO)
ProductsFinancial services
Websitecheckout.com

Checkout.com (legally incorporated as Checkout Ltd.) 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.[1][2] 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.[3][4][5][6]

History

Checkout.com was founded in 2009 as Opus Payments (rebranded as Checkout.com in 2012) by Swiss national Guillaume Pousaz in Singapore as an authorized payment institution.[7]

In 2013, Checkout.com became a member of Visa and Mastercard, and later developed partnerships with alternative payment providers, including Alipay and WeChat.[8]

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[9] and an authorized electronic money institution (EMI) in the UK.[10]

In 2018, the company joined London & Partners' Mayor's International Business Programme.[11] In 2019, the company received a $230 million Series A funding round led by Insight Partners and DST Global.[12] After additional funding rounds, the company's valuation increased to $15 billion by June 2020.[13] It raised $150 million in a Series B funding round[14] to support its U.S. expansion and the acquisitions of ProcessOut[15] In May 2020, it acquired Australian company Pin Payments,[16] to expand into the Australian and New Zealand markets.[17]

In 2021, it raised $450 million in a Series C funding round,[18] acquired software development firm Icefire[19] and launched Payouts to cards and bank accounts.[20]

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.[21] Investors included the Qatar Investment Authority and Tiger Global Management, Altimeter, Dragoneer, Franklin Templeton, GIC, and the Oxford Endowment Fund.[22][23][24] 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.[25] The company used the capital to invest in Web3 applications.[3] In May 2022, Checkout.com acquired French startup Ubble, which provides a remote identity verification service.[26]

In 2023, Checkout.com received processing certification in Saudi Arabia and attained principal membership status in Japan and the UAE.[27] The company also introduced Issuing and Intelligent Acceptance products.[28]

In 2024, Checkout.com partnered with the Merchant Risk Council (MRC) to offer educational resources on payment fraud.[29] Additionally that year, it also became a direct acquirer in Japan[30] and launched several additional products, including Standalone Vault, Forward API, and Flow.[31] It also launched Payouts, allowing merchants to transact globally.[28]

In 2025, Checkout.com opened an office in San Francisco and launched direct acquiring capabilities in Canada.[32]

Partnership and clients

Checkout.com provides payment processing infrastructure to several global companies, including Netflix, Pinterest, Vinted, Temu, Uber Eats, DocuSign, ASOS, Majid Al Futtaim, Grab, Alipay, Alibaba, Shein, and Sony.[33] In 2025, the company entered an agreement with eBay to support its payment infrastructure.[34][35] It was also reported to be involved in Mastercard's Agent Pay initiative and announced plans to integrate Visa’s Intelligent Commerce API.[36]

Technology and products

Checkout.com is a global digital payment service provider offering a suite of products and services to support online transactions, it includes:

Flow

Flow is a customizable payment user interface that can be embedded directly into websites to support online payments.[37]

Issuing

Merchants can launch physical and virtual cards using Checkout.com issuing platform.[38]

IDV

IDV is a video identity verification tool that utilizes artificial intelligence to verify user identities, aiming to enhance security during digital onboarding processes. Checkout.com recently announced the launch of Face Authentication to strengthen its existing IDV product.[39]

Fraud Detection Pro

This product uses machine learning to identify and prevent potentially fraudulent transactions in real time, allowing for rule customization based on user needs.[40]

Intelligent Acceptance

Intelligent Acceptance is an AI-driven system that adjusts transaction processing methods, including data handling, routing, and authentication, to improve transaction approval rates and reduce processing costs. This tool has supported merchants in generating over $10 billion in revenue.[41][42]

Checkout Business Account

The Checkout Business Account is a multi-currency account designed to allow businesses to hold, manage, and transfer funds. It aims to support liquidity and cash flow management for merchants.[31]

References

  1. ↑ Dawkins, David. "Checkout.com's Guillaume Pousaz Emerges As One Of Europe's Leading Billionaire Fintech Founders" (in en). https://www.forbes.com/sites/daviddawkins/2021/04/07/checkoutcoms-guillaume-pousaz-emerges-as-one-of-europes-leading-billionaire-fintech-founders/. 
  2. ↑ hslade (2024-11-20). "Zing partners with Checkout.com to enhance alternative payment methods" (in en-GB). https://fintech.global/2024/11/20/zing-partners-with-checkout-com-to-enhance-alternative-payment-methods/. 
  3. ↑ 3.0 3.1 Milmo, Dan (2022-01-13). "Checkout.com becomes UK's most valuable fintech at $40bn" (in en). https://www.theguardian.com/business/2022/jan/13/checkoutcom-becomes-uks-most-valuable-fintech-at-40bn. 
  4. ↑ "Sure and Checkout.com to streamline digital insurance payments" (in en-US). https://ibsintelligence.com/ibsi-news/sure-and-checkout-com-to-streamline-digital-insurance-payments/. 
  5. ↑ "Crypto "not a focus" for Checkout.com, as it concentrates on e-commerce and fintech partners" (in en-GB). 2024-10-02. https://tech.eu/2024/10/02/crypto-not-a-focus-for-checkout-com-as-it-concentrates-on-e-comerce-and-fintech-partners/. 
  6. ↑ Hornstein, Oscar (2025-04-16). "Checkout.com lands major payments deal with eBay" (in en-GB). https://www.uktech.news/fintech/checkout-com-lands-major-payments-deal-with-ebay-20250416. 
  7. ↑ Dawkins, David. "Checkout.com’s Guillaume Pousaz Emerges As One Of Europe’s Leading Billionaire Fintech Founders" (in en). https://www.forbes.com/sites/daviddawkins/2021/04/07/checkoutcoms-guillaume-pousaz-emerges-as-one-of-europes-leading-billionaire-fintech-founders/. 
  8. ↑ Shead, Sam. "Guillaume Pousaz: The Jet-Setting Founder Of $2 Billion Payment Startup Checkout.com" (in en). https://www.forbes.com/sites/samshead/2019/08/09/guillaume-pousaz-the-jet-setting-founder-of-2-billion-payment-startup-checkoutcom/. 
  9. ↑ PYMNTS (2021-09-07). "Checkout.com to Debut JCB’s Card Authentication in UK" (in en-US). https://www.pymnts.com/news/partnerships-acquisitions/2021/checkout-com-to-debut-jcbs-card-authentication-in-uk/. 
  10. ↑ "HEYTEA works with Checkout.com to assist its global expansion" (in en). https://thepaypers.com/payments/news/heytea-partners-with-checkoutcom-to-support-its-expansion. 
  11. ↑ "Mayor of London's International Business Programme [Annual Review 2020"]. https://www.scaleupinstitute.org.uk/programmes/mayor-of-londons-international-business-programme/. 
  12. ↑ "Checkout.com raises $230m in record European Series A" (in en-us). https://www.checkout.com/blog/post/checkout-com-raises-usd230m-in-record-european-series-a. 
  13. ↑ Browne, Ryan (2021-01-12). "Fintech firm Checkout.com crowned Europe's top unicorn after tripling valuation to $15 billion" (in en). https://www.cnbc.com/2021/01/12/fintech-firm-checkoutcom-is-europes-top-unicorn-with-15b-valuation.html. 
  14. ↑ Lunden, Ingrid (2020-06-22). "Checkout.com, the UK payments startup, raises another $150M, now valued at $5.5B" (in en-US). https://techcrunch.com/2020/06/22/checkout-com-the-uk-payments-startup-raises-another-150m-now-valued-at-5-5b/. 
  15. ↑ PYMNTS (2020-02-26). "UK Unicorn Checkout.com Makes Deal To Acquire ProcessOut" (in en-US). https://www.pymnts.com/news/acquiring/2020/uk-unicorn-checkout-com-makes-deal-to-acquire-processout/. 
  16. ↑ Reporter, James EyersSenior (2020-05-27). "Checkout.com buys Perth-based Pin Payments" (in en). https://www.afr.com/companies/financial-services/perth-s-pin-payments-acquired-by-london-s-checkout-com-20200527-p54wsw. 
  17. ↑ Eyers, James (2020-05-27). "Checkout.com buys Perth-based Pin Payments" (in en). https://www.afr.com/companies/financial-services/perth-s-pin-payments-acquired-by-london-s-checkout-com-20200527-p54wsw. 
  18. ↑ Dillet, Romain (2021-01-12). "Checkout.com raises $450 million and reaches $15 billion valuation" (in en-US). https://techcrunch.com/2021/01/11/checkout-com-raises-450-million-and-reaches-15-billion-valuation/. 
  19. ↑ "London’s Checkout.com acquires Tallinn-based software dev Icefire" (in en-GB). 2021-06-16. https://tech.eu/2021/06/16/londons-checkout-com-acquires-tallinn-based-software-dev-icefire/. 
  20. ↑ "Checkout.com rolls out new product to provide real-time payouts | Payments Dive" (in en-US). https://www.paymentsdive.com/news/checkout-com-real-time-payments/598343/. 
  21. ↑ "Checkout.com targets full-year 2025 profitability but no immediate IPO plans" (in en-GB). 2025-01-23. https://tech.eu/2025/01/23/checkoutcom-targets-full-year-2025-profitability-but-no-immediate-ipo-plans/. 
  22. ↑ "Checkout.com raises $1 billion in Series D amid major US market push" (in en). https://www.prnewswire.com/news-releases/checkoutcom-raises-1-billion-in-series-d-amid-major-us-market-push-301459374.html. 
  23. ↑ "Lawsuit puts Checkout.com's ties to adult entertainment industry in spotlight" (in en-GB). Sifted. https://web.archive.org/web/20250320131332/https:/sifted.eu/articles/lawsuit-checkout-uswipe-renderwison. 
  24. ↑ Dillet, Romain (2022-01-12). "Checkout.com raises $1B round at $40B valuation" (in en-US). https://techcrunch.com/2022/01/12/checkout-com-raises-1b-round-at-40b-valuation/. 
  25. ↑ "Checkout.com Looks to Return to Profit as It Hires Hundreds" (in en). Bloomberg.com. https://www.bloomberg.com/news/articles/2025-01-23/checkout-com-looks-to-return-to-profit-as-it-hires-hundreds. 
  26. ↑ Dillet, Romain (2022-05-12). "Identity verification startup Ubble acquired by Checkout.com" (in en-US). https://techcrunch.com/2022/05/12/checkoutcom-to-acquire-identity-verification-startup-ubble/. 
  27. ↑ jhaxell (2023-05-23). "Checkout.com steps up in UAE: new acquiring licence to revolutionise digital payments" (in en-GB). https://fintech.global/2023/05/23/checkout-com-steps-up-in-uae-new-acquiring-licence-to-revolutionise-digital-payments/. 
  28. ↑ 28.0 28.1 "Checkout.com: Simplifying payments in MENA". https://www.business.gov.uk/campaign/uk-services-for-buyers-in-the-middle-east/uk-fintech-middle-east/uk-fintech-middle-east/uk-fintech-middle-east-checkout/. 
  29. ↑ Bignell, Francis (2025-06-29). "Checkout.com: To Thrive and Combat Against Growing Fraud, Firms Must Invest in Education" (in en-GB). https://thefintechtimes.com/checkout-com-to-thrive-and-combat-against-growing-fraud-firms-must-invest-in-education/. 
  30. ↑ "Checkout.com expands operations to Japan" (in en). https://thepaypers.com/payments/news/checkoutcom-expands-operations-to-japan-with-direct-acquiring. 
  31. ↑ 31.0 31.1 Towner, Lauren (2024-09-25). "Checkout.com Unveils a Suite of Product Launches and Continued 40% Annual Revenue Growth" (in en). https://ffnews.com/newsarticle/paytech/checkout-com-unveils-a-suite-of-product-launches-and-continued-40-annual-revenue-growth/. 
  32. ↑ "Checkout.com opens San Francisco office | Payments Dive" (in en-US). https://www.paymentsdive.com/news/checkoutcom-san-francisco-payments-expansion-retailers/741627/. 
  33. ↑ Dillet, Romain (2022-01-12). "Checkout.com raises $1B round at $40B valuation" (in en-US). https://techcrunch.com/2022/01/12/checkout-com-raises-1b-round-at-40b-valuation/. 
  34. ↑ Hornstein, Oscar (2025-04-16). "Checkout.com lands major payments deal with eBay" (in en-GB). https://www.uktech.news/fintech/checkout-com-lands-major-payments-deal-with-ebay-20250416. 
  35. ↑ PYMNTS (2025-04-16). "eBay and Checkout.com Launch Payments Acquiring Partnership" (in en-US). https://www.pymnts.com/news/payment-methods/2025/ebay-and-checkout-com-launch-payments-acquiring-partnership/. 
  36. ↑ PYMNTS (2025-04-29). "Mastercard Debuts Agent Pay to Promote ‘Agentic Commerce Future’" (in en-US). https://www.pymnts.com/mastercard/2025/mastercard-debuts-agent-pay-to-promote-agentic-commerce-future/. 
  37. ↑ "Checkout.com launches Flow" (in en). https://thepaypers.com/payments/news/checkoutcom-launches-flow. 
  38. ↑ Rolfe, Alex (2025-04-10). "Checkout.com sets sights on card issuing in the UAE" (in en). https://www.paymentscardsandmobile.com/checkout-com-sets-sights-on-card-issuing-in-the-uae/. 
  39. ↑ Towner, Lauren (2025-04-29). "Checkout.com Launches Face Authentication to Strengthen Digital Identity Verification" (in en). https://ffnews.com/newsarticle/paytech/checkout-com-launches-face-authentication-to-strengthen-digital-identity-verification/. 
  40. ↑ PYMNTS (2022-10-19). "Checkout.com Introduces Fraud Detection Tool for Merchants" (in en-US). https://www.pymnts.com/news/security-and-risk/2022/checkout-com-introduces-fraud-detection-tool-for-merchants/. 
  41. ↑ Towner, Lauren (2025-03-20). "Checkout.com Surpasses $10 Billion in Revenue Unlocked for Enterprise Merchants Using AI-Powered Boost" (in en). https://ffnews.com/newsarticle/paytech/checkout-com-surpasses-10-billion-in-revenue-unlocked-for-enterprise-merchants-using-ai-powered-boost/. 
  42. ↑ "Digital Payments Provider Checkout.com Supports Interflora With Delivering Frictionless Payment Options | Crowdfund Insider" (in en-US). 2025-03-29. https://www.crowdfundinsider.com/2025/03/237877-digital-payments-provider-checkout-com-supports-interflora-with-delivering-frictionless-payment-options/. 



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