Checkout Raises $230 Million in Europe's Largest Fintech Series A Round
On May 2, 2019, Checkout.com, a global payment solutions provider whose enterprise customers include Samsung, Getty Images, and Patreon, among others, announced that it has raised $230 million in a Series A round led by Insight Partners and DST Global, with participation from GIC Private Limited, Blossom Capital, Endeavor Catalyst, and others. This funding round is Europe's largest fintech Series A round ever, and globally the third largest fintech Series A round of all time. Wilson Sonsini Goodrich & Rosati is representing Checkout.com in the transaction.
The seven-year-old London-headquartered payment solutions provider enables payments across all geographies and channels and also provides fraud management tools, analytics, and comprehensive reporting features. Checkout.com will use the funding to continue its growth in Europe, the U.S., and the Middle East, with further expansion into Asia and Latin America.
The WSGR team advising Checkout.com includes the following:
U.S. Expansion and Technology Transactions:
Privacy and Data Protection:
For further details, please see Checkout.com's press release.