Checkout Ltd announced that it has received $1,000,000,000 (£730,230,000) in its series D round of funding on January 12, 2022. The company issued common shares in the transaction. The transaction included participation from new investors Altimeter Capital Management, LP, Dragoneer Investment Group, LLC, Franklin Resources, Inc., Qatar Investment Authority, and The Oxford Endowment Fund, a fund managed by Oxford University Endowment Management Limited, returning investors Ribbit Management Company, LLC, Blossom Capital Ltd, DST Global, Coatue Management, L.L.C., Insight Venture Management, LLC, Tiger Global Management, LLC, Endeavor Catalyst, Inc., and GIC Pte.

Ltd., and a large west coast mutual fund management firm. This round was raised at a post-money valuation of £29,200,000,000. As a part of the transaction, all investors collectively acquired 2.5% stake in the company.