Checkout.com Slashes Internal Valuation to $11B, Down from $40B Last Year

On December 13, fintech Checkout.com made headlines with the news that its internal valuation had plummeted from $40 billion last year to just $11 billion. In the current financial landscape, even high-profile fintech companies like Klarna have been imploding spectacularly, and at first glance this lowered valuation...