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June 3, 2023
Finance Technologies

UK paytech Checkout.com buys French start-up ProcessOut

Checkout.com, the UK-based payment platform, has bought French fintech start-up ProcessOut – the firm which brands itself as a ‘payment-team-as-a-service’. An amount for the transaction has not been revealed. The acquisition follows a huge $230 million Series A funding round by Checkout.com last year. The payment platform says it’s the gateway, acquirer and processor all in one. Covering more than 50 countries and more than 15 currencies, it focuses its efforts predominantly on global enterprise customers. Checkout.com’s coverage The 2012-founded company now supports debit and credit cards, as well as the likes of Apple and Google Pay, Klarna, PayPal and…
UK paytech Checkout.com buys French start-up ProcessOut

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