Checkout.com Rebounds to $12 Billion Valuation Through Employee Stock Buyback

[cryptohog]

Fintech giant Checkout.com said Friday it has reached a $12 billion valuation through an employee stock buyback program — a significant recovery from its $9.35 billion valuation in 2023.

The London-based payments company, led by billionaire CEO Guillaume Pousaz, was once valued at $40 billion in 2022 before the venture downturn. The current valuation is based on a 409A assessment by an independent third party rather than new outside investment.

Checkout.com’s move mirrors a trend among large private tech firms, including rival Stripe, which has used employee tender offers to reset its own valuation. Stripe has climbed from a $50 billion low in 2023 to a rumored $106.7 billion valuation in a new tender offer, according to Axios.

The buyback underscores how top fintechs are using internal mechanisms to retain talent and signal stability amid a cooling venture market.

[kelson10]

Checkout.com bouncing back to a $12B valuation shows strong confidence in its growth.

[jacson4]

An employee stock buyback fueling the recovery is a great sign of internal strength.