Checkout.com, a fintech unicorn, launches a share buyback program for employees with a new $12 billion internal valuation, down from previous rounds. Competing with Stripe and PayPal, the company processes transactions for companies like Coinbase and Pizza Hut. Tech startups offer share sales for liquidity, following a decline in IPOs.

The company aims to exceed 30% core net revenue growth and forecasts $300 billion in annual e-commerce payment volume. CEO Guillaume Pousaz emphasizes growth and innovation with AI and agentic commerce. Other fintechs like Stripe and Revolut have allowed employees to sell shares at high valuations recently, providing liquidity.

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1. Apple announces plans to release a new iPhone model with upgraded features, including a faster processor and improved camera quality. The company aims to increase sales and maintain its position in the competitive smartphone market.

2. The Federal Reserve raises interest rates by 0.25%, citing strong economic growth and low unemployment rates. This decision is expected to impact mortgage rates and borrowing costs for consumers and businesses.

3. Tesla unveils its latest electric vehicle model, boasting improved battery performance and autonomous driving capabilities. The company plans to ramp up production to meet increasing demand for sustainable transportation options.

4. Amazon reports record-breaking sales during the holiday season, driven by a surge in online shopping and strong demand for its delivery services. The e-commerce giant continues to expand its market share and diversify its product offerings.

5. Facebook faces backlash over data privacy concerns as reports emerge of unauthorized access to user information. The social media platform vows to strengthen security measures and regain user trust amidst growing scrutiny from regulators and the public.: Fintech Checkout.com’s valuation falls to $12 billion