Checkout.com’s US business has emerged as a key growth engine, with payment volumes up more than 120% year-to-date.
Checkout.com reached $750m in annualised net revenue as its strategy of more selective expansion appears to be paying off.
According to the London-based fintech, net revenue increased by 28% year-over-year on a trailing 12-month basis and it expects to process $480bn in total payment volume across the group throughout 2026.
Checkout.com also projects around $150m in Adjusted EBITDA for the full year in addition to steadily widening profit margins.
Antoine Nougué, Chief Revenue Officer at Checkout.com, described the $750m milestone as “meaningful”, but said it was “not the finish line”.
The company, which has spent years expanding its global footprint, re-evaluated its approach earlier this year, pausing its Brazil rollout despite securing a local regulatory licence.
In February, CEO Guillaume Pousaz said the business opted to mute its Brazil entry because its initial offering was not yet “best-in-class” for the market.
“We aimed for velocity, but we underestimated the depth of local nuance required to truly win. Rather than launching a compromise, we’ve chosen to pause, listen to our merchants, and redouble our efforts,” he said at the time.
“We don’t just want to be live in Brazil; we want to set the benchmark. This is the compounding effect in action: the maturity to recognise a ‘missed point’ today is exactly what ensures we win the match for our merchants tomorrow.”
Checkout.com bets on new growth areas
With profitability on a stable footing, Checkout.com is branching out past its core acquiring operations to fund a wider range of financial products. The company aims to scale its money management features through new Business Account capabilities and direct funds into Payouts and Issuing.
An official update confirmed the business is expanding its Platforms offering for ISVs, Sofware-as-a-Service providers and online marketplaces, as well as pushing into practical AI applications.
The roadmap focuses on payment optimisation and new domains like agentic commerce and automated AI payments, ensuring Checkout.com can process transactions generated by autonomous software agents.
The company has already moved into the space, becoming one of the first payment providers to support OpenAI’s Agentic Commerce Protocol in 2025. The initiative seeks to allow merchants to accept payments through ChatGPT while maintaining control of the customer relationship.
Checkout.com has also been working with Visa, Mastercard and Google on standards for secure, tokenised payments designed for AI agents.
“We’ve returned to sustained profitability gives us the freedom to invest with conviction through the next decade,” Nougué said.
US expansion picks up pace
While Checkout.com put its Brazil expansion on hold, the US has emerged as a key growth market for the company.
Following the expansion of its US acquiring capabilities and securing its MALPB charter, Checkout.com describes the country as its fastest-growing region, with payment processing volumes jumping by more than 120% a year to date.
The US makes up 20% of Checkout.com’s total payment volumes, up from 15% a year earlier, giving the region a prominent role in the company’s global operations.
Holding a MALPB charter, which the company acquired earlier this month, allows Checkout.com to offer acquiring across the US, giving the business a much stronger footing in a market that has become central to its international strategy.
“Going live on the MALPB is a defining step in our US journey,” said Jordan Reynolds, MALPB CEO and Head of North American Banking at Checkout.com.
“It reflects years of investment, regulatory rigour, and operational build-out to create a stronger acquiring foundation in the US. As we begin processing through the charter, we are bringing more control into the payment lifecycle, which will help us deliver stronger performance, greater resilience, AI-powered payment optimisation, and more flexibility for enterprise merchants over time.”
