Fintech Checkout.com rel=”nofollow” href=”https://www.checkout.com/newsroom/checkout-com-accelerates-towards-full-year-profitability-and-announces-employee-share-buy-back-and-a-new-12bn-valuation”>announced on Friday that it reached a $12 billion valuation as part of an employee stock buyback program.
On the one hand, very few startups ever achieve decacorn status, so $12 billion is nothing to sneeze at. It’s a valuable enough company to have landed its founder and CEO rel=”nofollow” href=”https://www.forbes.com/profile/guillaume-pousaz/”>Guillaume Pousaz on Forbes’ billionaire list.
On the other, there was a short period of time when Checkout.com was valued at a whopping $40 billion, as part of its $1 billion Series D round closed in 2022. By the end of that year, with the…

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