FinTech news in Guillaume Pousaz category

I asked Guillaume Pousaz if Checkout.com’s new valuation was similar to a 409A valuation update. It has implications when it comes to taxes as employees usually pay taxes on the difference between the price of their options and the new share value as defined by the new 409A valuation. Fintech startup Checkout.com was in the news this morning because the Financial Times reported that the payment company had slashed its internal valuation to $11 billion. Unlike Klarna’s down round, the new valuation wasn’t determined by a VC firm willing to invest in the company.