GIC backs $450m Series C funding in European payments firm Checkout.com

GIC backs $450m Series C funding in European payments firm Checkout.com

Photo: Bloomberg

Singapore’s sovereign wealth fund GIC has backed the $450-million Series C funding in London-headquartered global payment solutions provider Checkout.com, marking its third investment in the payments company.

GIC first invested in Checkout.com’s $230-million Series A round in 2019 and then made a follow-on investment in the firm’s $150-million Series B last year.

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