Checkout.com

Checkout.com is a London-headquartered financial technology company that provides payment infrastructure to enterprise merchants and other digitally focused businesses. Legally incorporated as Checkout Ltd., the company began in 2009 as Opus Payments in Singapore under the leadership of Swiss entrepreneur Guillaume Pousaz and adopted the Checkout.com name in 2012. Its business model combines payment gateway technology, acquiring capabilities, payment processing, authorization optimization, fraud controls, identity verification, card issuing, treasury functionality, and payouts. The company is designed primarily for businesses operating across multiple countries and payment environments. Its platform supports international card transactions as well as local and alternative payment methods, with integrations and memberships involving networks and providers such as Visa, Mastercard, American Express, UnionPay, Discover, Diners Club, JCB, Alipay, and WeChat Pay. Checkout.com’s customers and publicly identified users have included companies in e-commerce, software, media, travel, marketplaces, food delivery, and technology, including Netflix, eBay, Klarna, DocuSign, Uber Eats, Pinterest, Vinted, ASOS, Temu, Shein, Grab, and Sony. A major part of Checkout.com’s positioning is the attempt to give large merchants a unified technical and commercial layer for global payments. Its products address several stages of the transaction lifecycle: Flow provides a configurable checkout interface; payment processing and acquiring services handle authorization and settlement; Intelligent Acceptance uses data, routing, and authentication decisions to improve approval performance; Fraud Detection Pro applies machine learning and merchant-defined rules to detect suspicious transactions; and IDV supports remote identity verification. The company also offers Issuing for physical and virtual cards, a multi-currency Checkout Business Account, Vault capabilities for stored payment credentials, Forward API tools, and Payouts to cards and bank accounts. Checkout.com expanded through investment, licensing, network access, acquisitions, and geographic development. It raised a $230 million Series A round in 2019, followed by further financing that lifted its reported valuation to $15 billion in 2020. In 2020 it acquired Pin Payments and ProcessOut-related assets to strengthen regional coverage and payment operations. In 2021 it raised a $450 million Series C round, acquired software development company Icefire, and introduced payouts. A January 2022 financing round of $1 billion placed the company at a reported $40 billion valuation, making it one of Europe’s most highly valued private fintech companies and providing capital for international expansion and investments in areas including Web3. The company’s private-market valuation subsequently declined. In December 2022, its internal 409A valuation was reduced to $11 billion, and it was adjusted again to $9.35 billion in 2023. These internal valuations were used in connection with employee equity rather than representing a public-market price. Checkout.com reported reaching profitability by the end of 2024, alongside 45% growth in its core business segments, and stated that it intended to pursue further growth while remaining profitable. In 2025 it began an employee share buyback program at a reported $12 billion valuation, opened a San Francisco office, and announced direct acquiring capabilities in Canada. Checkout.com remains privately held and internationally oriented. Its current strategic emphasis is on increasing payment acceptance, reducing fraud and operational complexity, expanding direct acquiring and local capabilities, and extending from transaction processing into broader financial infrastructure for merchants. The company’s private-market valuation later declined. Its internal 409A valuation fell to $11 billion in December 2022 and was adjusted again to $9.35 billion in 2023. These internal valuations are used for employee equity and do not represent public-market prices. Checkout.com reported reaching profitability by the end of 2024, with 45% growth in its core business segments, and said it intended to continue growing while remaining profitable. In 2025, the company launched an employee share buyback program at a reported $12 billion valuation, opened a San Francisco office, and announced direct acquiring in Canada.

Checkout.com traces its origins to Opus Payments, founded in 2009 in Singapore by Guillaume Pousaz as an authorized payment institution. The business adopted the Checkout.com name in 2012 and began building a model centered on cross-border payment infrastructure for online merchants. Rather than limiting itself to a simple payment gateway, it pursued access to card networks, acquiring relationships, local payment methods, and proprietary transaction technology. In 2013, the company became a member of Visa and Mastercard and developed relationships with alternative payment providers including Alipay and WeChat Pay. It added principal membership in UnionPay, Diners Club, and Discover in 2014, followed by global acquiring status for American Express in 2015. In 2016, it launched a proprietary authorization and clearing platform. The company became a JCB member and an authorized electronic money institution in the United Kingdom in 2017, reinforcing its regulatory and network infrastructure in Europe. Checkout.com joined London & Partners’ Mayor’s International Business Programme in 2018. Its next phase was marked by substantial venture financing and acquisitions. In 2019, Insight Partners and DST Global led a $230 million Series A round. Additional financing helped produce a reported $15 billion valuation by June 2020. That year, the company raised $150 million to support expansion in the United States and acquired Australian payments company Pin Payments, extending its presence in Australia and New Zealand. It also expanded through ProcessOut-related acquisitions and technology investments. In 2021, Checkout.com raised $450 million in Series C financing, acquired software development firm Icefire, and launched Payouts to cards and bank accounts. In January 2022, a $1 billion funding round reportedly valued the company at $40 billion. The financing included major institutional and sovereign investors and supported international growth as well as investments in emerging applications such as Web3. In May 2022, Checkout.com acquired French identity-verification startup Ubble, adding remote identity verification capabilities to its product portfolio. The company’s valuation later reset amid changing private technology-market conditions. Its internal 409A valuation fell to $11 billion in December 2022 and to $9.35 billion in 2023. These figures related to internal employee equity valuation and should not be treated as public-market capitalization. During this period, Checkout.com continued to add regulatory permissions, products, and geographic capabilities. In 2023 it obtained payment-processing certification in Saudi Arabia and principal membership status in Japan and the United Arab Emirates, while launching Issuing and Intelligent Acceptance. In 2024, Checkout.com partnered with the Merchant Risk Council on educational resources concerning payment fraud. It also became a direct acquirer in Japan and introduced products including Standalone Vault, Forward API, and Flow. The company expanded Payouts as a global merchant service and reported reaching profitability by the end of the year, with 45% growth in its core business segments. In 2025, the company opened a San Francisco office and launched direct acquiring capabilities in Canada. It also announced an employee share buyback program at a reported $12 billion valuation and entered an agreement to support eBay’s payment infrastructure. Checkout.com has additionally been associated with Mastercard’s Agent Pay initiative and announced plans to integrate Visa’s Intelligent Commerce API. Its development reflects a continuing shift from online payment processing toward a broader platform covering acceptance, acquiring, identity, fraud, issuing, accounts, and payouts.

• 2025

  Canadian acquiring and San Francisco expansion

  [1]Checkout.comen.wikipedia.org

  The company launches direct acquiring in Canada and opens a San Francisco office.

• 2024

  Direct acquiring in Japan

  [1]Checkout.comen.wikipedia.org

  Checkout.com becomes a direct acquirer in Japan and expands its product suite.

• 2023

  Issuing and Intelligent Acceptance launch

  [1]Checkout.comen.wikipedia.org

  The company introduces card issuing and AI-assisted payment acceptance products.

• 2022

  Funding round reports a $40 billion valuation

  [1]Checkout.comen.wikipedia.org

  Checkout.com announces $1 billion in financing and a reported $40 billion private valuation.

• 2022

  Ubble is acquired

  [1]Checkout.comen.wikipedia.org

  Checkout.com acquires French remote identity-verification company Ubble.

• 2021

  Series C, Icefire acquisition, and Payouts

  [1]Checkout.comen.wikipedia.org

  The company raises $450 million, acquires Icefire, and launches payouts to cards and bank accounts.

• 2020

  Australian expansion and major financing

  [1]Checkout.comen.wikipedia.org

  Checkout.com raises $150 million, expands in the United States, and acquires Pin Payments in Australia.

• 2019

  Series A financing

  [1]Checkout.comen.wikipedia.org

  The company raises $230 million in Series A financing led by Insight Partners and DST Global.

• 2016

  Proprietary authorization and clearing platform launches

  [1]Checkout.comen.wikipedia.org

  Checkout.com introduces its own authorization and clearing technology.

• 2015

  American Express acquiring capability

  [1]Checkout.comen.wikipedia.org

  The company becomes a global acquirer for American Express.

• 2013

  Visa and Mastercard membership

  [1]Checkout.comen.wikipedia.org

  Checkout.com becomes a member of Visa and Mastercard and develops alternative-payment partnerships.

• 2012

  The business adopts the Checkout.com name

  [1]Checkout.comen.wikipedia.org

  Opus Payments is rebranded as Checkout.com.

• 2009

  Opus Payments is founded

  [1]Checkout.comen.wikipedia.org

  Guillaume Pousaz establishes Opus Payments in Singapore as an authorized payment institution.

Enterprise payment infrastructure combining global reach, direct acquiring, configurable checkout technology, authorization optimization, risk controls, and adjacent financial services.

• Checkout interface · 2024

  Flow

  Flow is a configurable payment interface that merchants can embed into websites or digital experiences. It is intended to let businesses tailor the checkout journey while supporting multiple payment methods and transaction scenarios through Checkout.com’s processing infrastructure.

• Payment optimization · 2023

  Intelligent Acceptance

  Intelligent Acceptance uses data-driven methods to optimize transaction routing, payment data, and authentication choices. Its purpose is to improve authorization rates and reduce avoidable payment friction and processing costs for merchants operating across markets.

• Fraud prevention

  Fraud Detection Pro

  Fraud Detection Pro applies machine-learning techniques and configurable merchant rules to identify potentially fraudulent transactions in real time. It is positioned as a risk-management layer that can be adapted to the merchant’s tolerance, business model, and fraud patterns.

• Identity verification · 2022

  IDV

  IDV is Checkout.com’s remote identity-verification product, strengthened by the company’s acquisition of Ubble. It supports digital onboarding and identity checks, including video-based and artificial-intelligence-assisted verification capabilities.

• Card issuing · 2023

  Issuing

  Issuing enables businesses to create and manage physical and virtual payment cards through Checkout.com’s infrastructure. The offering is intended for companies that need programmatic control over cards, spending workflows, and embedded financial experiences.

• Payouts · 2021

  Payouts

  Payouts allows merchants and platforms to send funds to cards and bank accounts across markets. It extends Checkout.com beyond inbound payment acceptance into outbound money movement for marketplaces, platforms, and other businesses with global disbursement needs.

• Business account

  Checkout Business Account

  The Checkout Business Account is a multi-currency account designed to help businesses hold, manage, and transfer funds. It addresses merchant liquidity and cash-flow needs alongside payment processing and settlement services.

• Payment data storage · 2024

  Standalone Vault

  Standalone Vault provides a dedicated environment for storing payment credentials and related data. It is intended to help merchants manage reusable payment information independently of a particular checkout implementation.

• 2024Merchant Risk Council fraud education partnership

  Global

  Checkout.com partnered with the Merchant Risk Council to provide educational resources focused on payment fraud and risk management.

  Outcome. Industry education and fraud-prevention collaboration.

  Source

• 2025

  Expand North American acquiring and commercial partnershipsStrategy

  Background

  Checkout.com continued international expansion while developing relationships with major payment networks and merchants.

  Action taken

  The company opened a San Francisco office, launched direct acquiring in Canada, and entered an agreement to support eBay’s payment infrastructure.

  Aftermath

  These initiatives increased the company’s presence in North America and its role in large-scale merchant payments.

  Source

• 2024

  Expand direct acquiring and merchant infrastructureStrategy

  Background

  The company continued to reduce reliance on intermediaries and broaden its global payments stack.

  Action taken

  Checkout.com became a direct acquirer in Japan and launched Flow, Standalone Vault, and Forward API.

  Aftermath

  The strategy strengthened local acquiring and expanded the platform’s technical coverage.

  Source

• 2023

  Introduce Issuing and Intelligent AcceptanceProduct launch

  Background

  Checkout.com expanded from transaction processing into card programs and authorization optimization.

  Action taken

  The company launched Issuing and Intelligent Acceptance.

  Aftermath

  The products extended the platform’s coverage of card creation and payment-performance management.

  Source

• 2022

  Acquire UbbleM&A

  Background

  Digital merchants needed remote identity checks for onboarding and compliance workflows.

  Action taken

  Checkout.com acquired French identity-verification company Ubble.

  Aftermath

  Ubble’s capabilities were incorporated into the company’s identity-verification offering.

  Source

• 2021

  Launch PayoutsProduct launch

  Background

  Merchants and platforms increasingly required global outbound disbursement capabilities in addition to payment acceptance.

  Action taken

  Checkout.com launched Payouts to cards and bank accounts.

  Aftermath

  The product broadened the company’s role in merchant money movement.

  Source

• 2020

  Acquire Pin Payments for regional expansionM&A

  Background

  Checkout.com sought to expand its payment capabilities and presence in Australia and New Zealand.

  Action taken

  The company acquired Australian payments business Pin Payments.

  Aftermath

  The transaction strengthened Checkout.com’s regional market coverage.

  Source

• 2026.10.19

  Reported2026.10.20

  Samsung Electronics and Checkout.com announce global partnership[3]三星电子与 Checkout.com 宣布全球合作prnasia.com

  Samsung Electronics and Checkout.com announced a global partnership to support Samsung’s digital commerce ecosystem. Checkout.com will extend its services to more Samsung digital commerce scenarios and markets, including Galaxy Store and Samsung.com in the EU and North America. Samsung Pay is planned to become available to Checkout.com merchants through its Flow integration product from October 31.

• 2022.01.17

  Reported2022.01.17

  Digital Business Ireland and Checkout.com announce partnership[4]Digital Business Ireland与Checkout.com宣布合作rte.ie

  Digital Business Ireland announced a partnership with Checkout.com, which the organizations said would provide industry insights to members and support DBI's community growth.

• 2021.06.15

  Checkout.com announces acquisition of Icefire[5]Checkout.com宣布收购Icefirefinancialit.net

  Checkout.com announced its acquisition of Estonian software development firm Icefire. Icefire's 110 technology engineers are to join Checkout.com's global technology teams, and its Tallinn office is to become Checkout.com's second-largest engineering hub.

• 2021.01.22

  Reported2021.01.25

  MoneyGram expands real-time digital payments through Checkout.com collaboration[6]MoneyGram通过与Checkout.com合作扩大实时数字支付crowdfundinsider.com

  MoneyGram expanded real-time digital person-to-person payments with Visa through its collaboration with Checkout.com. Customers can use MoneyGram's website or mobile app to send money in near real time to Visa debit card holders across 575 corridors from 25 countries in Europe.

• 2020.09.08

  Reported2020.09.08

  Thunes secures $60 million in Series B funding[7]Thunes获得6000万美元B轮融资crowdfundinsider.com

  Thunes said it secured $60 million in a Series B funding round led by Helios Investment Partners, with participation from Checkout.com, GGV Capital, and Future Shape.

• Unconfirmed

  Reported2020.02.26

  Checkout.com acquires ProcessOut[8]Checkout.com收购ProcessOutcrowdfundinsider.com

  Checkout.com acquired ProcessOut. ProcessOut's 14 employees joined Checkout.com's team; the transaction terms were not disclosed.

Read more

1. 1Checkout.comen.wikipedia.org
2. 2Checkout.com official websitecheckout.com
3. 3三星电子与 Checkout.com 宣布全球合作prnasia.com
4. 4Digital Business Ireland与Checkout.com宣布合作rte.ie
5. 5Checkout.com宣布收购Icefirefinancialit.net
6. 6MoneyGram通过与Checkout.com合作扩大实时数字支付crowdfundinsider.com
7. 7Thunes获得6000万美元B轮融资crowdfundinsider.com
8. 8Checkout.com收购ProcessOutcrowdfundinsider.com
9. 9Checkout.com acquires payment optimization startup ProcessOut | TechCrunchtechcrunch.com