2Checkout - About the company
2Checkout is an acquired company based in Atlanta (United States), founded in 2006 by Alan Homewood. It operates as a Cloud-based payment gateway solution for businesses. 2Checkout has raised $60M in funding from Trident Capital and Chicago Growth Partners. The company has 5189 active competitors, including 498 funded and 467 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.
Company Details
2Checkout offers a cloud-based payment gateway solution for businesses. It enables merchants to accept mobile and online payments from buyers worldwide from selling physical or digital goods and services. Offers Hosted, API, and shopping cart integrated gateways, with recurring billing and fraud prevention solutions. The company chargers the commission based-on each successful transaction. The company’s clients include ABBYY, Absolute, Bitdefender, FICO, HP Software, and more.
- Website
- 2checkout.com
- Social
- Email ID
- *****@2Checkout.com
- Registered Address
- Atlanta,Georgia
Key Metrics
Founded Year
2006
Location
Atlanta, United States
Stage
Acquired
Total Funding
$60M in 3 rounds
Latest Funding Round
Investors
Ranked
202nd among 5189 active competitors
Employee Count
135 as on Mar 31, 2026
Exit Details
Acquired by Verifone (Sep 08, 2020)
Legal entities associated with 2Checkout
2Checkout is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AVANGATE, INC. CIN: 260160456 , United States, Active | Dec 31, 1999 | - | 3 (As on Dec 31, 2020) | - |
2Checkout's acquisition details
2Checkout got acquired by Verifone on Sep 08, 2020.
Click here to take a look at 2Checkout's acquisition in detail
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2Checkout's funding and investors
2Checkout has raised a total funding of $60M over 3 rounds. Its first funding round was on Jan 25, 2013. Its latest funding round was a Conventional Debt round on Sep 15, 2015 for $*****. 1 investor participated in its latest round. 2Checkout has 5 institutional investors.
Here is the list of recent funding rounds of 2Checkout:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 15, 2015 | 6624174 | Conventional Debt | 7319372 | 7967312 | 9575960 | 7859503 |
Apr 24, 2014 | 9187564 | Series B | 5752889 | 6504994 | 6072750 | 2605327 |
Jan 25, 2013 | 5584432 | Series A | 7636519 | 9809367 | 1209349 |
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2Checkout's founders and board of directors
Founder? Claim ProfileThe founders of 2Checkout is Alan Homewood. Alex P Hart is the CEO of 2Checkout.
Here are the details of 2Checkout's key team members:
- Alan Homewood: Chairman / Founder of 2Checkout.
- Ken Benvenuto: CEO of 2Checkout.
- Alex P Hart: CEO of 2Checkout.
View details of 2Checkout's Founder profiles and Board Members
2Checkout's employee count trend
2Checkout has 135 employees as of Mar 26. Here is 2Checkout's employee count trend over the years:
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2Checkout's Competitors and alternates
Top competitors of 2Checkout include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of 2Checkout, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 87/100 | |
3rd | Provider of payment and business banking solutions for enterprises | $742M | 86/100 | ||
4th | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 84/100 | |
5th | Provider of payment solutions, lending, and investment opportunities for businesses | $584M | 83/100 | ||
6th |  Flutterwave 2016, San Francisco (United States), Series D | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
7th | Online payment and money transfer platform for businesses | $533M | 83/100 | ||
8th | Airwallex 2015, San Francisco (United States), Series G | Provider of multi-currency business accounts, global payments, and spend management | $1.58B | 82/100 | |
9th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 80/100 | |
10th | Worldpay 1993, London (United Kingdom), Acquired | Provider of payment processing solutions for online, in-store, and omnichannel commerce | $18M | 77/100 | |
202nd |  2Checkout 2006, Atlanta (United States), Acquired | Cloud-based payment gateway solution for businesses | $60M | 53/100 |
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2Checkout's Investments and acquisitions
2Checkout has made no investments or acquisitions yet.
Reports related to 2Checkout
Here is the latest report on 2Checkout's sector:
News related to 2Checkout
Filter this list•
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VS REVO Group Steps Up eCommerce Game with 2CheckoutMarTech Series•Dec 07, 2020•Revouninstaller, 2Checkout
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Payments And eCommerce Platform Verifone Acquires 2CheckoutPYMNTS.com•Sep 10, 2020•Verifone, 2Checkout
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Nozbe Teams Simplifies International Expansion with 2CheckoutMarTech Series•Aug 20, 2020•2Checkout, Nozbe
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Audio Modeling Selects 2Checkout to Enhance Customer ExperienceMarTech Series•Jul 22, 2020•2Checkout, Audio Modeling
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2Checkout Named Finalist in the 2020 CODiE Awards in Three CategoriesGlobeNewswire•Apr 14, 2020•2Checkout
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