Payments processor Checkout.com is positioning itself for full-year profitability by 2025, buoyed by a strong end to 2024, which saw an impressive 45% year-on-year growth in net revenue from its core business. The company’s core operations, serving the commerce and fintech sectors, account for 95% of its transaction volumes and have been instrumental in achieving these milestones.
In 2024, Checkout.com solidified its standing as a leading payments processor, adding over 300 enterprises to its roster. Its network now boasts over 40 merchants processing more than $1 billion annually, including global names like Alibaba, Ikea, Remitly, and Wise. The growth underscores the company’s robust infrastructure and its ability to handle large-scale payment processing requirements for major clients.
Ambitious Goals for 2025
CEO Guillaume Pousaz outlined the company’s plans for 2025 in a New Year letter addressed to merchants, partners, and employees. Checkout.com is targeting 30% growth in net revenue, achieving company-wide profitability for the entire year, and increasing its employee headcount by 15%.
Pousaz emphasized the company’s commitment to delivering high performance and addressing the unique challenges of its customers. “In 2025, we’ll continue working tirelessly to solve our customers’ toughest challenges, driving better performance and providing direct access to the regions and payment methods their customers prefer,” he stated.
As Checkout.com moves forward, these ambitious objectives will likely position the company not only as a major player in the payments space but also as a model for sustainable growth and profitability.