2Checkout provides payments-as-a-service that localizes the checkout experience by optimizing language, currency and payment methods for each buyer. The service supports one-time and recurring billing across 196 countries, 26 currencies, 15 languages and eight payment methods and is PCI Level 1 compliant. It routes transactions through a proprietary fraud review to protect retailers and customers. 2Checkout offers a hosted solution or API with a pre-integrated gateway, merchant account and automatic PCI compliance, and claims very fast implementation times. The company has bootstrapped its way to profitable growth and says it serves more than 22,000 merchants worldwide. The announced growth capital will be used to accelerate expansion of its global payments processing platform and scale into additional international markets.

Total raised

$60M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2014