The digital payment technology provider has become the latest corporate to launch a venture capital investment vehicle focused on the fintech sector.
Checkout.com, a UK-based provider of payment technology for business customers, quietly launched its own corporate venture arm earlier this year, Sifted has reported.
The unit will focus on fintech deals, chief executive Guillaume Pousaz told Sifted, adding that the company will only invest in startups that complement its core business and “make sense” to its shareholders.
Founded in 2012, Checkout provides a digital payment processing platform that helps businesses accept larger volumes of payments and speed up their payment processing.…