Checkout.com, a London-based company, works with global businesses to optimize their payments with real-time data. This UK fintech company has acquired technology startup ProcessOut to expand its service offering for enterprise merchants processing payments globally
This marks the first acquisition of Checkout.com. Back in 2019, the the London fintech company secured a record-breaking $230 million (approx €209 million) Series A funding round. This valued the company at nearly $2 billion (approx €1.8 billion, in Europe’s largest fintech Series A round ever.