Fintech

    Checkout.com lifts annualised net revenue 28% to $750m and guides to $150m profit at a $12bn valuation

    London-based payments group Checkout.com has put its annualised net revenue at $750m, up 28% year on year, and expects $150m of adjusted EBITDA for 2026. The figures value the business, last marked at $12bn, at about 16 times its current revenue run rate.

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    The Cap Table

    30 September 20263 min read
    Checkout.com lifts annualised net revenue 28% to $750m and guides to $150m profit at a $12bn valuation

    London-based payments group Checkout.com has put its annualised net revenue at $750m, up 28% year on year, and expects $150m of adjusted EBITDA for 2026. The figures value the business, last marked at $12bn, at about 16 times its current revenue run rate.

    Checkout.com released a selective set of group financial figures on 29 September, in the same week that accounts for its two UK operating subsidiaries, Checkout Limited and Checkout Technology Limited, are due to be filed.

    The company is one of the UK's most closely watched late-stage fintechs. It first reached profitability in 2024 and now runs acquiring operations in 56 countries under 10 acquiring licences, with around 1,700 staff.

    The numbers

    The headline $750m is an annualised figure: Checkout took its August net revenue and multiplied it by 12. On that basis, the business was running at roughly $586m a year at the same point in 2025.

    The $150m profit guidance is adjusted EBITDA, which excludes one-off items such as restructuring charges. Set against the revenue run rate, that implies a margin of about 20%, although the two figures are measured on different bases.

    Checkout expects total payment volume to reach $480bn for the full year. The company attributed the growth to higher volumes from existing merchants and geographic expansion, and named the US as its fastest-growing region.

    The cap-table read

    For shareholders who backed Checkout at its $40bn peak in 2022, the disclosure matters. The company has since operated at a $12bn valuation, and a business growing close to 30% a year with positive EBITDA gives investors a firmer basis for pricing any future secondary sale, primary round or listing.

    The filings will also show a $40m dividend paid by Checkout Limited to its parent. The company said this was an internal treasury transfer and that no money was distributed to shareholders.

    No new funding, secondary transaction or change to the headline valuation was announced alongside the figures.

    What's next

    Checkout said it would build out its money management products beyond core card acquiring and speed up its work on agentic commerce and agentic payments.

    "Our return to sustained profitability gives us the freedom to invest with conviction through the next decade," said Antoine Nougué, chief revenue officer, adding that AI sits at the centre of that investment.

    The subsidiary accounts, due to be filed this week, will give the first audited view of how the UK entities contributed to the group's return to profit.


    Original source: Tech.eu — https://tech.eu/2026/09/29/checkout-com-says-annualised-net-revenue-hits-750m-as-releases-selective-group-financial-figures/

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