2Checkout Raises $60M

Funding Rounds

▤ Summary

The round was led by Chicago Growth Partners and Trident Capital with participation by management and strategic individuals.The company intends to use the funds to accelerate expansion of its global payments processing platform.Founded in 1999 and led by Shawn Budde, CEO, 2Checkout provides e-commerce payment solutions serving more than 22,000 merchants worldwide.It automatically localizes the checkout experience for each buyer, optimizing language, currency and payment methods maximizing sales conversions.2Checkout’s payment processing services enables one-time and recurring billing in 196 countries, in 26 currencies, in 15 languages and with eight payment methods including credit cards, debit cards, PayPal, all optimized to the device in a PCI Level 1 compliant manner.

$ Funding

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Amount $60.0M Total raised
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Date April 24, 2014 Announcement date
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Investors Chicago Growth Partners, 2Checkout, Trident Capital Lead investors
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Company http://www.2checkout.com Funded company

▥ Classifications

industries
No industries detected
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
SaaS Digital Commerce Platform Subscription Billing Software

▦ Linked Companies

2Checkout
$10M to $25M