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You probably haven’t heard of Checkout, a digital payments processing company that was founded in 2012 in London. Apparently, however, investors have been keeping tabs on the low-flying company and like what they see. Today, Checkout announced that it has raised $230 million in Series A funding at a valuation just shy of $2 billion co-led by Insight Partners and DST Global. Other participants include GIC, the Singaporean sovereign-wealth fund; Blossom Capital; Endeavor Catalyst; and other, unnamed strategic investors.
Read more here.