SumUp
Company

Last deal

$1.6B
Local Amount - EUR 1.5B

Amount

Debt Financing

Stage

01.05.2024

Date

18

all rounds

$3.9B

Total amount

General

About Company
SumUp is a financial technology company that provides businesses with a simple, secure, and cost-effective way to accept card payments.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

SumUp offers an end-to-end EMV card acceptance solution built on proprietary hardware and mobile apps, which has allowed the company to expand rapidly into 16 markets worldwide, making it the mPOS company with the largest global footprint. In addition, SumUp has developed a full suite of SDKs and APIs for third parties to integrate card payments into their mobile apps. The company has been backed by renowned investors, including Groupon, BBVA Ventures, Holtzbrinck Ventures, and American Express. SumUp has merged with the mPOS company payleven to become the global leader in mobile payment. SumUp is committed to helping small businesses start, run, and grow their businesses, and has become a member of 1% for the Planet, pledging to donate 1% of the net revenue generated by Solo devices to support environmental, educational, and entrepreneurial causes. SumUp has also been recognized as a Top Global Employer for LGBTQ+ and received the Bronze Award for commitment to LGBTQ+ inclusion in the workplace on the Stonewall Workplace Equality Index 2022.
Contacts

location

Phone number

Social url