Payments processor Checkout.com is aiming for full-year profitability in 2025, following a strong conclusion to 2024 that saw a 45% year-on-year growth in net revenue within its core business.
The company reported a profitable end to 2024, with significant revenue increases in its primary operations, which cater to the commerce and fintech sectors, making up 95% of total volumes. Checkout.com serves well-known clients such as Alibaba, Ikea, Remitly, and Wise, and expanded its client base by adding over 300 enterprises in 2024. The company now has more than 40 merchants processing over $1 billion annually through its network.
In a New Year letter addressed to merchants, partners, and employees, CEO Guillaume Pousaz shared the company’s goals for 2025, which include a 30% growth in net revenue, achieving profitability for the entire year, and a 15% increase in employee headcount. Pousaz stated, “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.”