They say follow the money, and money is falling into crypto. Checkout locked in a $40B valuation in a Series D round of $1B.
The U.K.-based startup plans to use the funds to scale operations in the U.S. market, further develop their payment platform and “strengthen leadership in Web3,” according to the statement. Checkout.com founder and CEO, Guillaume Pousaz acknowledged:
"At our core, we help enterprise merchants to navigate the complexity of moving money around the world, whether in fiat currency or bridging the gap to Web3."In addition to serving ecommerce and services merchants such as Netflix, Pizza Hut and Sony, Checkout.com also powers large crypto players, including Coinbase, Crypto.com, FTX and MoonPay. Its modular products are also used by the fan token provider Socios.com and the blockchain-based wallet Novi from Meta.
Pousaz added that the company is still in “chapter zero of our journey” of bridging fiat and cryptocurrencies. And
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