Checkout.com
by Checkout.com
by Checkout.com
Profile Information Last updated on: 29 August 2024
Profile Information Last updated on: 29 August 2024
We help make selecting a software for your business effortless, economical and efficient.
by Checkout.com
by Checkout.com
Profile Information Last updated on: 29 August 2024
Profile Information Last updated on: 29 August 2024
Checkout.com is a global financial technology company that provides payment processing solutions to businesses worldwide. Founded in 2009 as Opus Payments by Guillaume Pousaz, the company rebranded to Checkout.com in 2012 and is headquartered in London, UK. Checkout.com offers a cloud-based platform that enables businesses to accept and process payments across multiple channels and currencies, providing local acquiring in over 50 countries. The platform is designed to optimize payment processes, enhance transaction security, and provide real-time insights, making it a preferred choice for many fast-moving global brands such as Netflix, Pizza Hut, and Klarna.
Checkout.com was initially founded in Singapore and became profitable in 2011 through a strategic partnership with a Chinese tech trading website. The company moved its headquarters to London in 2012 and has since experienced rapid growth, driven by its innovative payment solutions and strategic partnerships with major financial institutions like Visa and Mastercard. Checkout.com has expanded its global footprint, establishing 19 offices worldwide and serving a diverse range of industries. The company's growth has been further accelerated by its focus on performance, scalability, and customer-centric solutions.
Checkout.com has raised $1.83 billion over six funding rounds, with its valuation reaching $40 billion in 2022, making it one of the most valuable fintech companies in Europe. Notable funding rounds include a $230 million Series A in 2019 and a $1 billion funding round in January 2022, with investors such as Insight Partners, DST Global, Qatar Investment Authority, and Tiger Global Management. This significant financial backing has enabled Checkout.com to invest in product development, expand its market presence, and pursue strategic acquisitions.
Checkout.com provides a comprehensive suite of payment solutions, including:
Global Payment Processing: Supports over 150 currencies and multiple payment methods, including credit and debit cards, digital wallets, and bank transfers.
Fraud Detection and Risk Management: Offers advanced tools powered by AI to prevent fraud and ensure secure transactions.
Real-Time Reporting and Analytics: Provides insights into payment performance and customer behavior.
Recurring Billing and Subscription Management: Facilitates automated billing cycles for subscription services.
API Integration: A single API for seamless integration with existing systems and customizable checkout experiences.
Checkout.com has strategically expanded its capabilities through acquisitions, including the purchase of Pin Payments in 2020 to enter the Australian market and the acquisition of French startup Ubble in 2022 for remote identity verification services. In 2021, Checkout.com acquired Estonian software development firm Icefire, enhancing its technology stack and expanding its engineering capabilities. These acquisitions have bolstered Checkout.com's product offerings and supported its global expansion strategy.
Checkout.com continually innovates its platform, introducing new features such as Intelligent Acceptance and Authentication tools to optimize payment acceptance rates and reduce false declines. The platform also offers enhanced fraud detection capabilities and real-time data insights, providing businesses with the tools needed to improve operational efficiency and customer satisfaction.
Checkout.com is committed to fostering a culture of innovation, collaboration, and inclusivity. The company empowers its employees to solve complex problems and deliver exceptional payment solutions. Checkout.com values diversity and inclusion, creating an environment where employees are supported in their growth and development. The company has been recognized as a Great Place to Work and is listed on the Forbes Cloud 100, reflecting its commitment to maintaining a positive and dynamic workplace culture.
Checkout.com serves a wide range of businesses, from startups to large enterprises, across various industries. Its platform is trusted by well-known brands such as Wise, Sony Electronics, and Henkel, which rely on Checkout.com's payment solutions to drive revenue and enhance customer experiences. The company actively engages with its community through events, partnerships, and initiatives that support the digital economy and foster innovation in the payments industry.
By Checkout.com