Checkout.com Returns to Profitability and Surpasses $300 Billion in Payment Volume

Checkout.com processed $300 billion in total payment volume during 2025, a 64 per cent increase year-over-year, while returning to full-year EBITDA profitability with adjusted margins exceeding 10 per cent. Net revenue grew by more than 30 per cent for the second consecutive year.

The London-headquartered payments company now partners with more than 1,000 enterprise merchants globally, including Uber, eBay, Spotify, Temu, Pinterest, HelloFresh, ASOS, and Vinted. Its "Billion Dollar Club" — merchants processing over $1 billion annually on the platform — grew from 39 to 63 over the course of the year.

Operational performance

Checkout.com maintained 99.999 per cent uptime throughout 2025 and processed $5.2 billion in volume over the Black Friday and Cyber Monday weekend across nearly 100 million transactions, with 95 per cent completed in under one second.

Alternative payment volumes grew 104 per cent, with more than 50 payment methods now supported. The company's issuing business reached a $5 billion run rate in Q4 2025.

AI and agentic commerce

The company has invested heavily in AI, with AI-driven policy reviews cutting due diligence time by 83 per cent and 100 per cent of rejected transaction distribution now automated. Checkout.com said it is positioning for what it calls the era of "agentic commerce," working with Google's Universal Commerce Protocol, Visa Intelligent Commerce, and Mastercard's AgentPay framework.

CEO Guillaume Pousaz said that "a single, unified infrastructure would ultimately outmatch patched-together legacy systems."

The team grew 15 per cent to 2,000 employees globally during the year, with new hubs opened in San Francisco, Atlanta, and Sao Paulo.