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Announced

Completed

Insight Partners and DST Global completed the $230m investment in Checkout in Series A.

Financials

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Transaction Value£175m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

FinTech

e-payment solutions

Venture Capital

Acquisition

Friendly

Private Equity

United Kingdom

Single Bidder

cross-border payment solution

Completed

Synopsis

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Insight Partners and DST Global with participation from GIC, Blossom Capital, Endeavor Catalyst and other strategic investors completed the $230m investment in Checkout, a global payment solutions provider. "Payments are a critical component of any online business. With the digital payments market expected to grow to $6trn by 2021, we believe Checkout can expand rapidly through its technology-driven and customer-centric payments solution. We are delighted to partner with Guillaume and the team," Tom Stafford, DST Global Managing Partner.

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