Checkout Sets $12 Billion Buyback Valuation and Plans 300 Hires

Checkout.com is allowing employees to sell some of their shares back to the firm at a $12 billion valuation, becoming the latest digital payments firm to use buybacks in order to stay private longer.

London-based Checkout announced the tender offer to about 2,000 employees globally on Friday, allowing them to cash out a portion of their holdings.