BriefingFree Daily Briefing

BriefingFree Daily Briefing

Checkout.com

Checkout.com is a Payment Infrastructure company founded in 2012 and based in London, United Kingdom. It has raised $1.8B in total funding, most recently a Series D in 2022 at a $40B valuation.

Global digital payment processor offering end-to-end acquiring and processing with direct connections to card networks, serving enterprise merchants in 150+ currencies. Reached $12B valuation (down from $40B peak). Reported 40% YoY revenue growth in 2024 to ~$297M. Launched Flow payment interface.

Checkout.com's $12B valuation and direct-to-network architecture make it a leading independent challenger to Adyen and Stripe in the enterprise payment processing layer.

checkout.com Payment Infrastructure

United Kingdomprivate

At a glance

Total raised

$1.8B

last round series d

Headcount

1k-5k

approximate · public range

Headquarters

London

United Kingdom

Founded

2012

14 years active

Status

Private

Payment Infrastructure

Latest valuation

Funding history

Total raised

$1.8B

Rounds tracked

4

Latest stage

Series D

Latest valuation

$40B

Date	Stage	Amount	Valuation	Lead investors
Jan 12, 2022	Series D	$1B	$40B	Altimeter Capital, Dragoneer, Franklin Templeton, GIC, Insight Partners, Qatar Investment Authority, Tiger Global Management
Jan 11, 2021	Series C	$450M

Products

Flow
Checkout.com's customizable, API-driven checkout solution that lets merchants accept payments online through a single integration. Flow supports 150+ currencies and local payment methods globally, with features like Remember Me for securely stored payment info, custom-branded checkout experiences, and Standalone Flow for merchants using their own acquirers. It handles cards, bank transfers, digital wallets, and alternative payment methods through one unified interface, designed to maximize conversion rates and simplify compliance across markets.
Issuing
Checkout.com's card issuing platform that enables businesses to create, manage, and process Visa and Mastercard payment programs. It supports both physical and single-use or multi-use virtual cards for online, offline, and in-app payments. The modular offering lets businesses launch customer-facing card products, streamline supplier payouts, or manage corporate spending. It integrates directly with Checkout.com's Payments platform so merchants can move money within the same network, improving cash flow and giving cardholders immediate access to funds.
Identity Verification (IDV)
An AI-powered identity verification solution that helps merchants fight fraud and accurately authenticate users during onboarding. IDV uses AI-guided video prompts to verify users in real time, combining liveness detection with document verification. It is designed to deliver a fast, high-converting verification experience while maintaining regulatory compliance (eIDAS, KYC/AML). The solution is modular and can be integrated via API into existing onboarding flows for fintechs, marketplaces, and other regulated businesses.
Fraud Detection
Checkout.com's fraud prevention suite that combines machine learning models with customizable rules to protect merchants from payment fraud while minimizing false positives. It offers preset configurations for quick go-live or a fully customizable Fraud Detection Pro tier. Features include dynamic machine learning, flexible rule engines, approve/deny lists, and network-wide intelligence derived from processing volume across Checkout.com's global merchant base. Businesses can build adaptive risk strategies that evolve with their transaction patterns.