A UAE Resident Has Just Become A Billionaire After His Start-Up Raised A LOT Of Early-Stage Funding
Checkout.com is a leading international provider of online payment solutions that began as a bootstrapped startup in 2009.
And it just raised Europe’s biggest ever early-stage funding round for a fintech company
It has raised $230 millions from investors – making it one of the few European start-ups with a valuation of about $2 BILLION.
It was founded by entrepreneur and CEO, Guillaume Pousaz, who built his company based on a “progressive vision of the payment industry as transparent, efficient, and accessible”.
This deal sees the 37-year-old Swiss-born entrepreneur who lives in the UAE become a billionaire
Checkout.com acts as a middleman between merchants and other payments companies, negotiating deals with businesses including Visa, Mastercard, Apple Pay, PayPal and UnionPay. It has attracted customers including Deliveroo, TransferWise and Samsung!
