FinTech Magazine - June 2023 | Page 149

TOP 10

02

Checkout . com
US $ 40bn
Checkout . com is Europe ’ s most valuable fintech startup with a valuation of $ 40bn as of Q4 2022 . Headquartered in London , Checkout . com is a payments processor for other companies , with clientele including household brands Netflix and Pizza Hut , as well as the cryptocurrency platform Coinbase . The company surpassed Revolut as the UK ’ s most valuable fintech unicorn in January 2022 after announcing a funding round exceeding $ 1bn , with the Qatar Investment Authority among its lead financial backers .
Céline Dufétel was appointed as Checkout . com ’ s new president in early 2023 , laying out the company ’ s expansion plans for the US market to rival its North American counterpart Stripe . This challenge has seemingly been made more difficult due to a series of departures from the company ’ s executive team .
Regardless of internal change , Checkout . com remains Europe ’ s leading fintech unicorn , flexing its muscles in May 2022 with the acquisition of French identity verification service Ubble .
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