Checkout.com raised $1 billion series D.

Checkout.com, a London, UK-based financial service company, announced that it raised $1 billion Series D invstment round.

The money was raised from investors including Altimeter, Dragoneer, Franklin Templeton, the Qatar Investment Authority, Tiger Global Management, the Oxford Endowment Fund, and existing investors including Insight Partners, DST Global, Coatue Management, Blossom Capital, Endeavor Catalyst, Singapore’s Sovereign Wealth Fund GIC and Ribbit Capital.

Checkout.com, founded in 2012 by CEO Guillaume Pousaz, is a payment solutions provider. The company processes transactions for Yum! Brands, restaurant chain Pizza Hut, cryptocurrency exchange Coinbase, and Swedish financial services provider Klarna Bank AB.

Checkout.com’s business is concentrated in the European region, primarily in the U.K and France. It has also extended operations in parts of the Middle East and Asia and is now considering expanding to the U.S., starting with offices in New York and Denver.

Checkout.com previously raised $900 million, with $450m Series C led by Tiger Global in 2021.