Checkout.com announced leadership changes described as a “significant step” in its expansion in the US as it aims to challenge market leader Stripe.
Based in London, Checkout.com launched in 2012, becoming an authorized payment institution. and then an electronic money institution (EMI) in 2017. In 2022, Checkout.com raised $1 billion in Series D funding at a $40 billion valuation. Now North America is in the Fintechs sights.
According to an email from a company representative, former CFO Céline Dufétel has been appointed President and COO of Checkout.com. She will remain based in New York. In her new role, she will oversee all operational and go-to-market teams, including finance and marketing. At the same time, Nirupam Sinha will take over the CFO position.
Checkout.com claims it will “shake up the larger US payments landscape,” challenging Stripe, which has been the sole option for merchants looking to break away from legacy payments providers. The company describes itself as the only viable challenger to Stripe and will provide more options to merchants.
Checkout.com provides similar services to Stripe, including crypto. The company currently has multiple job openings, including the New York office.