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Checkout.com raises record $230m in first-round funding

Checkout.com a London-based payments start-up that competes with Adyen has secured a valuation close to $2bn.

A little-known payments start-up has raised Europe’s biggest ever early-stage funding round for a fintech company, after the blockbuster initial public offering of Dutch payments group Adyen whet investor appetite for the sector. Checkout.com, a seven-year-old London-based payments group, has raised $230m from investors including Insight Partners and DST Global, making it one of the few European start-ups with a valuation of about $2bn.

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payments