Finance
Checkout.com Looks to Return to Profit as It Hires Hundreds
- Fintech firm shifts focus after years of cuts and layoffs
- London-based payments platform eyes 30% revenue growth in 2025
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Checkout.com is returning to growth after a multibillion-dollar slump in valuation and years of losses, with plans to increase its headcount by 15% and return to profitability in 2025.
The London-based electronic payments firm’s net revenue rose 40% last year, it said in a letter to merchants and stakeholders seen by Bloomberg News, and ended the year with positive adjusted Ebitda.