Fundraising Fox

ProcessOut

acquired by Checkout.comTechstars '16

New York City, US · Founded 2016 · Delaware corporation · 1 known investors

processout.com

ProcessOut provides payment infrastructure that enables merchants and payment teams to connect with and manage multiple payment providers through a unified platform. The company offers APIs and no-code tools for managing payments, conversion optimization, fraud reduction, and cost control.

Enterprise SoftwareFintechSaaSin /processout@processout

Founders & leadership

ProcessOut was founded in 2016 by Manuel Huez.

MH
Manuel HuezFounder
CC
Cyril ChemlaNamed on SEC filing
LD
Louis-Paul DareauNamed on SEC filing

Investors · 1

Competitors · 10

by search overlap
Stripe72 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Checkout.com69 shared keywordsCheckout.com is an end-to-end payment service provider that lets enterprise merchants accept online payments, disburse funds, and optimize transactions using tools like intelligent acceptance, authentication, identity verification, and fraud detection. It operates a cloud-native platform with local acquiring in over 50 countries and support for more than 150 processing currencies.
Adyen45 shared keywordsAdyen is a payments platform that enables enterprises to accept, process, and move money across their business, with capabilities for embedded finance and financial product issuance.
Razorpay41 shared keywordsRazorpay provides payment processing APIs and financial services for online merchants, schools, and ecommerce businesses, offering payment acceptance, disbursement, current accounts, and working capital loans. The company serves businesses looking to accept and manage payments online with developer-friendly integration.
Primer40 shared keywordsPrimer offers a payments platform that unifies transaction data and provides tools for finance and payments teams to monitor, optimize, and scale their payment operations across regions. It serves ecommerce and merchant businesses managing global payments, with features like fallbacks, fraud defense, and an AI companion.
Wise38 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Square38 shared keywordsSquare is a financial services platform that provides point-of-sale systems, payment processing, payroll management, and cash flow tools for small and medium-sized businesses. The platform integrates with hundreds of third-party applications to help merchants manage operations across online and offline channels.
GoCardless28 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
Basis Theory28 shared keywordsBasis Theory provides a payment vault platform that tokenizes and routes payment data across payment service providers while maintaining PCI compliance. The service targets merchants and platforms seeking to improve payment authorization rates, reduce churn, and consolidate payment processing without disrupting their existing tech stack.
Nuvei (co-invest with Novacap Partners) (Exited)28 shared keywordsNuvei builds payment infrastructure that enables businesses to accept payments, process payouts, issue cards, and manage treasury and foreign exchange needs across 190+ countries. The platform supports 150 currencies, 720+ alternative payment methods, and serves enterprises, digital commerce platforms, and cross-border payment needs.

Companies competing with ProcessOut for the same Google search keywords, organic and paid, via search-intersection analysis.

Reported raises · per SEC filings

Form D private placements

$1.1M disclosed across 1 round · 2017

$1.1MraisedNov 2017 · 15 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Cyril ChemlaExecutive Officer, Director
  • Louis-Paul DareauExecutive Officer, Director
  • Manuel HuezExecutive Officer, Director
Offering amount
$1.1M
Amount sold
$1.1M
First sale
Oct 2017
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does ProcessOut do?
ProcessOut provides payment infrastructure that enables merchants and payment teams to connect with and manage multiple payment providers through a unified platform. The company offers APIs and no-code tools for managing payments, conversion optimization, fraud reduction, and cost control.
Who founded ProcessOut?
ProcessOut was founded by Manuel Huez in 2016.
Who are ProcessOut's investors?
ProcessOut's investors include Techstars.
How much funding has ProcessOut raised?
ProcessOut has disclosed $1.1M raised across 1 round.
Who acquired ProcessOut?
ProcessOut was acquired by Checkout.com.
Where is ProcessOut headquartered?
ProcessOut is headquartered in New York City, US.