🏆 Deal of the Week · CW 2/2022
Checkout.com raised USD 1 billion in a Series D round in January 2022, reaching a post-money valuation of USD 40 billion. The round was co-led by Tiger Global Management, Altimeter, and Dragoneer, alongside several prominent institutional investors. The transaction ranks among the largest private fintech financings recorded in Europe at the time.
Checkout.com — key deal facts
| Company | Checkout.com |
| Founded | 2012 |
| Headquarters | London, United Kingdom |
| Amount raised | USD 1Billion |
| Valuation | USD 40 Billion |
| Round | Series D |
| Investors | Tiger Global Management (https://www.tigerglobal.com/) Altimeter Dragoneer (https://www.dragoneergrowth.com/) Franklin Templeton (https://www.franklintempleton.com/) Singapore’s GIC Qatar Investment Authority (https://www.qia.qa/en/Pages/default.aspx) Oxford Endowment Fund (https://www.ouem.co.uk/the-oxford-endowment-fund/) |
| Sectors | FinTech |
Who invested in Checkout.com?
The Series D drew capital from Tiger Global Management, Altimeter, Dragoneer, Franklin Templeton, Singapore's GIC, Qatar Investment Authority, and the Oxford Endowment Fund. The investor mix is notable for its breadth: it spans crossover growth funds, sovereign wealth vehicles from two continents, and a university endowment, signalling broad institutional conviction in Checkout.com's long-term trajectory. The presence of GIC and QIA alongside marquee US growth funds underlines the company's appeal to patient, large-balance-sheet capital.
What does Checkout.com do?
Checkout.com is a London-headquartered payment services provider founded in 2012 by Guillaume Pousaz. The company offers an end-to-end platform covering payment processing, payouts, and card issuing, complemented by value-added services including fraud detection and identity verification. Its unified payments infrastructure enables merchants to accept and disburse funds across more than 145 currencies. Checkout.com operates in the FinTech sector and serves enterprise and high-growth merchants globally.
Checkout.com valuation & multiples
No existing multiples analysis was supplied for this round. When benchmarking a USD 40 billion valuation against comparable high-growth payment processors, analysts typically reference EV/Sales and EV/EBITDA multiples drawn from listed fintech peers. Venionaire DealMatrix publishes current sector multiple ranges for FinTech and Payments on its dedicated sector multiples pages, where readers can contextualise this valuation against live market data.
Explore the benchmarks: Series D.
Frequently asked questions
How much did Checkout.com raise in its Series D?
Checkout.com raised USD 1 billion in its Series D round in January 2022.
What is Checkout.com's valuation?
Checkout.com was valued at USD 40 billion at the time of its Series D in January 2022.
Who invested in Checkout.com?
The Series D investors include Tiger Global Management, Altimeter, Dragoneer, Franklin Templeton, Singapore's GIC, Qatar Investment Authority, and the Oxford Endowment Fund.
When was Checkout.com founded and where is it based?
Checkout.com was founded in 2012 and is headquartered in London, United Kingdom.
Source: original announcement — read the full report.