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Checkout.Com

Also a provider — view Checkout.Com’s profile →

“Can a full-stack acquiring and payment processing platform — operating as gateway, acquirer, and risk engine in one — become the default global payments infrastructure for enterprise and platform businesses?”

Founded2009
HQLondon, United Kingdom
FoundersGuillaume Pousaz
Total raised~$1.8B+
Latest roundSeries D, January 2022
Valuation$12B (employee share buyback, September 2025)
IndustryInfrastructure / Payments
The story

Founded in 2009 as Opus Payments, the company rebranded to Checkout.com in 2012 and positioned itself as a full-stack payments provider — acting simultaneously as gateway, acquirer, processor, and risk engine — targeting enterprise clients in e-commerce, tech, and media. It scaled rapidly through 2021-2022, reaching a $40B peak valuation during the ZIRP era before suffering a sharp correction to $9.35B by 2023. By 2024-2025, the company reached operational profitability, stabilised at $12B valuation, and deepened its Platforms/PayFac product to address marketplace and platform-as-a-payfac use cases alongside its core acquiring business.

Last 12 months
2024-11
2025-09
2024-12
Product timeline
2009
Founded as Opus Payments by Guillaume Pousaz.· pivot
2012
Rebranded to Checkout.com and repositioned as an enterprise payment gateway and acquirer.· pivot
2021
Raised $450M Series C at $15B valuation; expanded global acquiring and payment processing footprint.· banking
2022
Raised $1B Series D at $40B peak valuation; launched Platforms (PayFac/marketplace) product enabling sub-merchant onboarding and fund splitting.· payments
2022
Internally reduced valuation to $11B amid broader fintech market downturn.· pivot
2024
Reached profitability by end of year; partnered with insurance tech company Sure to improve digital insurance payments.· payments
2025
Launched employee share buyback at $12B valuation, representing ~30% recovery from 2023 trough.· ipo
Regulated entities
2
regulatory licences held by Checkout.Com
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
In the press
embeddedfinancereview.com ↗
Coverage sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
◇ article2026-01-12
Stripe Powers Checkout Inside Microsoft Copilot
Stripe powers checkout inside Microsoft Copilot, letting users complete purchases in chat. Part of Stripe's push to become the infrastructure for AI commerce.
checkoutstripe
Source · Embedded Finance Review ↗
The stack
3 layers disclosed in Checkout.Com’s embedded-finance stack
Payments / PSP
Checkout.com (self-operated)
Banking / BaaS
in the full report
FX & payouts
in the full report
Accounting gap: minor
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.