Summary
Insights
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
$1.9B
- Series C (2014) $13.0M
- Series A (2012) $20.0M
- Debt Financing (2024-02-01) $1.5B
- Series D (2023-11-01) $306M
- Unknown (2021-01-01)
- Series B (2013-10-01) $17.2M
Investors
Groupon Series C
BBVA Ventures Series C
Life.SREDA Series C
btov Partners Series A
TEV Ventures Series A
TEV Ventures Series A
Shortcut Ventures Series A
Goldman Sachs Debt Financing
Temasek Holdings Debt Financing
Deutsche Bank Debt Financing
Sixth Street Debt Financing
Fortress Investment Group Debt Financing
Crestline Debt Financing
Bain Capital Credit Debt Financing
Vista Credit Partners Debt Financing
Arini Debt Financing
Venture Incubator, LLC Series D
American Express Ventures Series B