Today digital payments firm Checkout.com announced it was joining the Libra Association, the digital currency and payments network founded by Facebook. This is the second addition in a week after non-profit Heifer International joined last week.
In a blog post, Checkout.com said the purpose of joining is to optimize the payments of merchants and improve efficiencies.
The London based firm provides payment processing to clients including Samsung, Getty Images, Patreon and Virgin Active. Last May, it raised a $230 million Series A at a $2 billion valuation funded by Insight Partners, DST Global and GIC, the Singapore sovereign wealth fund, amongst others.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
