About 2Checkout
2Checkout is a company based in Atlanta (United States) founded in 2006 was acquired by Verifone in September 2020.. 2Checkout has raised $60 million across 3 funding rounds from investors including Verifone, Avangate and Trinity Capital Investment. 2Checkout operates in a competitive market with competitors including Stripe, Square, PayPal, Flutterwave and PayU, among others.
- Headquarter Atlanta, United States
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Sectors
RetailFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Twocheckout Online (India) Private Limited
- Date of Incorporation 14 Feb, 2013
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2017
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Net Profit
$-6.91 K (USD)0as on Mar 31, 2017
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EBITDA
$0 (USD)0as on Mar 31, 2017
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Total Equity Funding
$60 M (USD)
in 3 rounds
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Latest Funding Round
$12 M (USD), Debt – Conventional
Sep 15, 2015
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Investors
Verifone
& 4 more
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Employee Count
Employee Count
- Acquired by
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Software Development Team
75 people
Sales and Marketing
36 people
Operations Team
27 people
Finance and Accounting
27 people
Leadership Team
24 people
Senior Team
11 people
Legal and Compliance
9 people
Country Team
6 people
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Funding Insights of 2Checkout
2Checkout has successfully raised a total of $60M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $12 million completed in September 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $12.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Debt – Conventional - 2Checkout | Valuation |
investors |
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| Apr, 2014 | Amount | Series B - 2Checkout | Valuation | Trident Capital , Chicago Growth Partners |
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| Jan, 2013 | Amount | Series A - 2Checkout | Valuation | Trident Capital , Chicago Growth Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 2Checkout
2Checkout has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Verifone, Avangate and Trinity Capital Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Stage-agnostic investments in US ventures are made by Trident Capital.
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Founded Year | Domain | Location | |
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PE firm investing in the US
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 2Checkout
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 2Checkout
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
2Checkout Comparisons
Competitors of 2Checkout
2Checkout operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Square, PayPal, Flutterwave and PayU, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Online payment solutions are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment processing and treasury management solutions are offered to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 2Checkout
When was 2Checkout founded?
2Checkout was founded in 2006 and raised its 1st funding round 7 years after it was founded.
Where is 2Checkout located?
2Checkout is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of 2Checkout?
Alex P Hart is the current CEO of 2Checkout.
Is 2Checkout a funded company?
2Checkout is a funded company, having raised a total of $60M across 3 funding rounds to date.
What does 2Checkout do?
Founded in 2006 and headquartered in Atlanta, United States, 2Checkout operates in the fintech sector as a cloud-based payment gateway. Merchants are enabled to accept worldwide payments for physical and digital goods or services through hosted, API, and shopping cart integrations. Recurring billing and fraud prevention features are included, with commissions charged per successful transaction. Clients such as ABBYY, Bitdefender, and HP Software are served.
Who are the top competitors of 2Checkout?
2Checkout's top competitors include Stripe, PayU and Flutterwave.
Who are 2Checkout's investors?
2Checkout has 5 investors. Key investors include Verifone, Avangate, Trinity Capital Investment, Trident Capital, and Chicago Growth Partners.
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