Summary
75
Insights
This section hypothesizes why SumUp can be a $10 billion dollar company in 10 years, in 10 lines or less.
SumUp, a London-based payment processing platform for small businesses, has significant growth potential in the fintech sector. Its user-friendly and cost-effective solutions offer strong value for small businesses facing high transaction fees and complex point-of-sale systems. SumUp's competitive edge in ease of use and affordability helps small merchants reduce lost sales and enhance customer convenience. Backed by major financial institutions and venture firms, SumUp is well-positioned to expand its market presence and capitalize on the growing demand for digital payment solutions.
Total funding Amount
$2.4B
Fundraising History
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May 02 '24 Debt Financing$1.5B
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May 02 '24 Debt Financing$1.5B
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Dec 11 '23 Series D$310M
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Jun 01 '22 Unknown$310M
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Mar 16 '21 Debt Financing$820M
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Jul 16 '19 Debt Financing$360M
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Aug 27 '15 Series D$11M
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Aug 13 '14 Series C$13M
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Jul 10 '13 Series B$17M
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Aug 23 '12 Series A$20M
Investors
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Arini
Debt Financing -
Vista Credit Partners
Debt Financing
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Deutsche Bank
Debt Financing
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Fortress Investment GroupDebt Financing
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Sixth StreetDebt Financing
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btov PartnersSeries A
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Crestline
Debt Financing
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Temasek HoldingsDebt Financing
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Goldman SachsDebt Financing
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Bain Capital Credit
Debt Financing
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BBVA VenturesSeries B
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GrouponSeries B
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Venture Incubator, LLC
Series D
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Life.SREDASeries C
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American Express VenturesSeries B
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Shortcut Ventures
Series A
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TEV VenturesSeries A