London’s Checkout.com becomes Europe’s most valuable fintech with $15bn valuation
Mayfair-based payments startup Checkout.com has secured a post-money valuation of $15bn after a fresh $450m injection, which it claimed makes it the most valuable venture-backed fintech in Europe, the Middle East and Africa.
The new round triples Checkout’s price tag, less than seven months on from its last funding round of $150m in June. The startup had only arrived onto the London fintech scene a year earlier, breaking records for Europe’s largest series A round with a $230m raise.
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