SumUp is a European fintech company that provides mobile point-of-sale (mPOS) solutions and payment processing services for small and medium-sized businesses. Founded in 2012 by Daniel Klein, Marc-Alexander Christ, Jan Deepen, and Stefan Jeschonnek, the company offers card readers, payment apps, and business management tools that enable merchants to accept card payments anywhere.
The company has expanded across multiple markets in Europe, Latin America, and the United States, serving millions of merchants with its simple and affordable payment solutions. SumUp has raised substantial funding from prominent investors including Goldman Sachs, Bain Capital Credit, and Lone Pine Capital, achieving unicorn status with valuations exceeding $1 billion. The company competes in the growing mPOS market alongside players like Square and iZettle, focusing on providing accessible payment technology to small businesses that traditionally relied on cash transactions.
SumUp has received investment from 1 venture capital firm.
European fintech company providing mobile point-of-sale solutions and payment processing services for small and medium businesses.
SumUp has received investment from HV Capital. These venture capital firms and investors provide both capital and strategic support.
SumUp operates in the Fintech sector. European fintech company providing mobile point-of-sale solutions and payment processing services for small and medium businesses.
