Singaporean Sovereign Wealth Fund Participates in Checkout.com’s Series A Round
Posted on 05/02/2019
Global payments company Checkout.com (officially registered as Checkout Ltd), a London-based company, raised US$ 230 million in a Series A round. The investment round was led by Insight Partners and DST Global. Other investors in the round include GIC Private Limited, Blossom Capital, Endeavor Catalyst, and other strategic investors.
Post-transaction, Deven Parekh, Managing Partner at Insight Partners, will take a board seat at Checkout.com.
Checkout.com was formed in 2012. Guillaume Pousaz founded the original company called Opus Payments in 2009, which eventually became Checkout.com.
Advisors
Checkout.com has been advised in this transaction by San Francisco-based FT Partners and law firm Wilson Sonsini Goodrich & Rosati.