On January 12, 2021, Checkout.com, a global payment solutions provider, announced a $450 million Series C funding round, giving the company a post-money valuation of $15 billion. The transaction makes the company the fourth-largest fintech globally and EMEA's most valuable venture-backed business. Wilson Sonsini Goodrich & Rosati advised Checkout.com on the fundraise.
The Series C was led by Tiger Global Management, LLC, a New York-based technology investor that partners with dynamic entrepreneurs operating market-leading growth companies. Greenoaks Capital also joined the round, along with existing investors Insight Partners, DST Global, Coatue Management, Blossom Capital, Endeavor Catalyst, and Singapore's Sovereign Wealth Fund GIC.
The Wilson Sonsini team advising Checkout.com includes partners Michael Labriola and Daniel Glazer, and associates Elisa Sielski, Diviya Padman, and Betty Rosenbaum. Macfarlanes LLP and Carey Olsen Jersey LLP also advised Checkout.com on the transaction.
Please see the company’s press release for more information.