Fintech company Checkout.com reached a $12 billion valuation through an employee stock buyback program. Despite previous valuation setbacks, the company saw a nearly 30% increase in its worth. Checkout.com processes $1 billion in e-commerce payments daily and aims for full-year profitability in 2025, hiring 300 additional employees this year. Employees with at least a year of tenure are eligible for the buyback program.

Read more at Yahoo Finance: Checkout.com’s new $12B valuation is a glass half-full situation