Story excerpt provided by Columbus Business First.
Written by Carrie Ghose.
2Checkout.com Inc. said Thursday it has closed the final phase of a $60 million investment led by venture capital firms Chicago Growth Partners and Trident Capital, who predicted the payment processor will grow to dominate international e-commerce.
“Online payments are a critical component of e-commerce and the providers in the space are consolidating into a few global platforms,” said a statement from Devin Mathews, managing partner of Chicago Growth Partners. “2Checkout will emerge as one of the global leaders.”
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Originally published April 24, 2014.