2Checkout raises $60M from VC firms for expansion in Columbus, Ireland

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.

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