Checkout.com is a relative unknown in the bursting fintech space that has become one of the most valuable transatlantic companies overnight with a valuation approaching $40bn and a SPAC merger with a special purpose acquisition company (SPAC) backed by BlackRock.
The company’s founders include Bridgewater Associates founder Ray Dalio and Alibaba founder Jack Ma, and it is headquartered in London and the Silicon Valley.
It is also one of the few profitable fintechs, having turned a modest profit of $100m in 2022, and one of the few focused on enterprise customers rather than consumers.
It has also processed transactions worth $22bn for clients such as Netflix and Interswitch.
