Once a $40 billion fintech darling, Checkout.com is now valued at $12 billion
Summary
Checkout.com plans a share buyback program that will let employees sell shares back to the company. The company set the internal valuation for the program at $12 billion, down sharply from its $40 billion valuation in 2022. Checkout.com said it regularly updates employee share values and emphasized continued growth in payments volume and revenue. The move comes as private tech companies increasingly use secondary share sales to provide liquidity to employees and early investors.
Funding
Amount
$1.0B
Total raised
Date
January 1, 2022
Announcement date
Investors
Revolut, Sainsbury's, Stripe
Lead investors
Company
checkout.com
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Payment Infrastructure
Fintech Software
SaaS
Linked Companies
Checkout.com
$100M to $250M