Little known U.K. fintech startup Checkout .com is now worth $2 billion
Checkout.com, a little known London fintech company, broke European funding records on Thursday when it announced that it has raised a $230 million funding round, giving it a valuation of around $2 billion.
Founded in 2009 as Opus Payments before evolving into Checkout.com around 2012, the fintech platform allows companies to process and accept cross-border payments from a variety of sources including credit and debit cards, online banking, PayPal, Apple Pay and other eWallets. It's a direct rival to Dutch payment firm Adyen, which listed on the Amsterdam stock exchange last June and has seen its stock soar 70% since.
"We have been fortunate to have some of the world’s leading investors approach us for some time," said founder Guillaume Pousaz in a statement.
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