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Payments Firm Checkout Fundraising Values It At Nearly $2B

by uk.reuters.com posted 2months ago 18 views
May 2 (Reuters) - Global payment solutions company Checkout.com said it has raised $230 million in a fundraising, valuing it at almost $2 billion. Singapore’s sovereign wealth fund GIC, New York’s Insight Partners and Hong Kong’s DST Global were some of the investors in the Series A fundraising round, Checkout.com said in a statement on Thursday. The London-based fintech firm said that Deven Parekh who is a Managing Partner at Insight Partners and an early investor in Twitter, Alibaba and JD.com, will take a seat on its board following the fundraising.

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