On January 12, 2022, Checkout.com, a global payment solutions provider, announced a $1 billion Series D funding round, giving the company a valuation of $40 billion. Primary investors include Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, Tiger Global, The Oxford Endowment Fund, and another large west coast mutual fund management firm. Wilson Sonsini Goodrich & Rosati advised Checkout.com on the fundraise, together with Allen & Overy and Carey Olsen.

The Series D capital will strengthen an already solid balance sheet and drive three key initiatives: its ambitious growth plans for the U.S. market; the continued evolution of its proprietary technology platform; and its drive to remain on the cutting edge of Web3.

The Wilson Sonsini team advising Checkout.com includes:

Corporate
Michael Labriola
Elisa Sielski
Diviya Padman
Betty Rosenbaum

Antitrust
Beau Buffier
Kimberly Biagioli

National Security/Export Control
Anne Seymour
Tarek Helou
Stephen Heifetz
Josh Gruenspecht
Michael Casey

Please see the company’s press release for more information.