Checkout.com has revealed plans to launch an employee share buyback programme at a $12bn valuation.  

The payments provider aims to exceed a 30% net revenue growth target in its core business for the current fiscal year. 

The company anticipates processing more than $300bn in eCommerce payment volumes this year.  

Checkout.com CEO Guillaume Pousaz said: ”We are relentlessly focused on growth and innovation, particularly with the impact of AI and the expected rise of agentic commerce.  

“We now regularly process more than $1 billion of eCommerce payment volume per day. Our strategic partnerships and continuous investment will ensure Checkout.com remains the partner of choice for businesses looking to thrive in the digital economy.” 

Checkout.com stated it is focused on delivering value to merchants by securing partnerships with leading brands such as eBay and ASOS. 

Checkout.com chief revenue office Antoine Nougué stated: “By onboarding enterprise partners like eBay and Pinterest, we’re proving that our high-performance payments solve real pain points for merchants and help them unlock significant revenue.  

“Our new partnerships and product capabilities are a direct response to what merchants need right now; better payment data, greater control, and a clear path to higher conversion rates.” 

Exiting 2024 on a profitable note, Checkout.com reported a 45% increase in net revenue growth for its core operations.  

The company has also detailed plans for sustainable expansion in 2025, including a 15% growth in its workforce.  

With 2,000 employees across 19 offices, Checkout.com expects to welcome 300 new team members by the end of the year. 

Checkout.com has also launched card issuing services in collaboration with Visa, aimed at streamlining merchant transactions. 

 The company has embraced new functionalities such as Visa Intelligent Commerce and Mastercard Agent Pay, in addition to supporting Google’s Agent Payment Protocol (AP2). 

Additionally, it opened a new office in San Francisco and introduced direct acquiring services in Canada.  

In a statement, the company said investments in machine learning and AI, particularly in agentic commerce, have propelled payment performance, with products like Intelligent Acceptance unlocking an additional $15bn revenue for merchants since its inception.